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IBL Finance (NSE:IBLFL) Total Assets : ₹663.6 Mil (As of Mar. 2024)


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What is IBL Finance Total Assets?

IBL Finance's Total Assets for the quarter that ended in Mar. 2024 was ₹663.6 Mil.

During the past 12 months, IBL Finance's average Total Assets Growth Rate was 188.10% per year. During the past 3 years, the average Total Assets Growth Rate was 173.90% per year.

During the past 4 years, IBL Finance's highest 3-Year average Total Assets Growth Rate was 173.90%. The lowest was 173.90%. And the median was 173.90%.

Total Assets is connected with ROA %. IBL Finance's annualized ROA % for the quarter that ended in Mar. 2024 was 5.15%. Total Assets is also linked to Revenue through Asset Turnover. IBL Finance's Asset Turnover for the quarter that ended in Mar. 2024 was 0.32.

IBL Finance Total Assets Historical Data

The historical data trend for IBL Finance'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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IBL Finance Total Assets Chart

IBL Finance Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Total Assets
33.91 102.29 222.71 663.55

IBL Finance Semi-Annual Data
Mar21 Mar22 Mar23 Mar24
Total Assets 33.91 102.29 222.71 663.55

IBL Finance 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.

IBL Finance's Total Assets for the fiscal year that ended in Mar. 2024 is calculated as

Total Assets=Total Equity (A: Mar. 2024 )+Total Liabilities (A: Mar. 2024 )
=563.006+100.544
=663.6

IBL Finance's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets=Total Equity (Q: Mar. 2024 )+Total Liabilities (Q: Mar. 2024 )
=563.006+100.544
=663.6

* 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.

IBL Finance  (NSE:IBLFL) Total Assets Explanation

Total Assets is connected with ROA %.

IBL Finance's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Mar. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=22.835/( (222.711+663.55)/ 2 )
=22.835/443.1305
=5.15 %

Note: The Net Income data used here is one times the annual (Mar. 2024) 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.

IBL Finance's Asset Turnover for the quarter that ended in Mar. 2024 is

Asset Turnover
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Mar. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=141.224/( (222.711+663.55)/ 2 )
=141.224/443.1305
=0.32

* 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.

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.

IBL Finance Total Assets Related Terms

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IBL Finance Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » IBL Finance Ltd (NSE:IBLFL) » Definitions » Total Assets
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Traded in Other Exchanges
N/A
Address
Ring Road, 1001, World Trade Center, Nr. Udhna Darwaja, Surat, GJ, IND, 395002
Website
https://www.iblfinance.in
IBL Finance Ltd is a fintech-based financial services platform that leverages technology and data science to make lending quick and easy. It has a mobile application that provides instant personal loans which loan up to Rupees 50,000 with tenors of up to 12 months through an entirely digital mobile App-only process. The Company is engaged in one segment only i.e. Loan Segment. The company generates revenue from Interest Income on Loan Portfolio and Loan Processing Fees & Charges.

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