HOAC Foods India (NSE:HOACFOODS) Total Assets : ₹49.2 Mil (As of Mar. 2023)

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What is HOAC Foods India Total Assets?

HOAC Foods India's Total Assets for the quarter that ended in Mar. 2023 was ₹49.2 Mil.

Total Assets is connected with ROA %. HOAC Foods India's annualized ROA % for the quarter that ended in Mar. 2023 was 13.81%. Total Assets is also linked to Revenue through Asset Turnover. HOAC Foods India's Asset Turnover for the quarter that ended in Mar. 2023 was 2.84.

HOAC Foods India Total Assets Historical Data

The historical data trend for HOAC Foods India's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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HOAC Foods India Total Assets Chart

HOAC Foods India Annual Data

Trend

Mar21

Mar22

Mar23

Total Assets

20.83

35.97

49.17

HOAC Foods India Semi-Annual Data
	Mar21	Mar22	Mar23
Total Assets	20.83	35.97	49.17

HOAC Foods India Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

HOAC Foods India's Total Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Assets	=	Total Equity (A: Mar. 2023 )	+	Total Liabilities (A: Mar. 2023 )
	=	15.715	+	33.457
	=	49.2

HOAC Foods India's Total Assets for the quarter that ended in Mar. 2023 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2023 )	+	Total Liabilities (Q: Mar. 2023 )
	=	15.715	+	33.457
	=	49.2

HOAC Foods India (NSE:HOACFOODS) Total Assets Explanation

Total Assets is connected with ROA %.

HOAC Foods India's annualized ROA % for the quarter that ended in Mar. 2023 is

ROA %	=	Net Income (Q: Mar. 2023 )	/	( (Total Assets (Q: Mar. 2022 )	+	Total Assets (Q: Mar. 2023 ))	/ count )
	=	5.879	/	( (35.971	+	49.172)	/ 2 )
	=	5.879	/	42.5715
	=	13.81 %

Note: The Net Income data used here is one times the annual (Mar. 2023) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

HOAC Foods India's Asset Turnover for the quarter that ended in Mar. 2023 is

	Asset Turnover
=	Revenue (Q: Mar. 2023 )	/	( (Total Assets (Q: Mar. 2022 )	+	Total Assets (Q: Mar. 2023 ))	/ count )
=	120.856	/	( (35.971	+	49.172)	/ 2 )
=	120.856	/	42.5715
=	2.84

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

HOAC Foods India Total Assets Related Terms

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HOAC Foods India Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » HOAC Foods India Ltd (NSE:HOACFOODS) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

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Address

D-498, 1st Floor Palam Extension, Sector-7 Dwarka, Raj Nagar - II, South West Delhi, New Delhi, IND, 110077

Website

https://www.hoacfoodsindia.com

HOAC Foods India Ltd is engaged in the manufacturing of flour (chakki atta), herbs & spices, unpolished pulses, grains, and yellow mustard oil. Its product portfolio is comprised of 4 categories which include products such as Spices & Herbs, Oil, Wheat Flour (Chakki Atta) & Healthy Flour, Pulses, Rice & Grain, and other food products with 153 product SKUs. The company sells its product under the brand name "HARIOM," and most of the sales are derived from the Delhi-NCR region. The franchise network comprises 4 company-owned outlets and 6 franchise-owned outlets.

HOAC Foods India Headlines

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