Indian Railway Finance (NSE:IRFC) Total Assets : ₹4,943,484 Mil (As of Sep. 2024)

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What is Indian Railway Finance Total Assets?

Indian Railway Finance's Total Assets for the quarter that ended in Sep. 2024 was ₹4,943,484 Mil.

During the past 12 months, Indian Railway Finance's average Total Assets Growth Rate was -0.90% per year. During the past 3 years, the average Total Assets Growth Rate was 8.50% per year. During the past 5 years, the average Total Assets Growth Rate was 19.30% per year.

During the past 7 years, Indian Railway Finance's highest 3-Year average Total Assets Growth Rate was 34.20%. The lowest was 8.50%. And the median was 25.45%.

Total Assets is connected with ROA %. Indian Railway Finance's annualized ROA % for the quarter that ended in Sep. 2024 was 1.32%. Total Assets is also linked to Revenue through Asset Turnover. Indian Railway Finance's Asset Turnover for the quarter that ended in Sep. 2024 was 0.01.

Indian Railway Finance Total Assets Historical Data

The historical data trend for Indian Railway 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.

* Premium members only.

Indian Railway Finance Total Assets Chart

Indian Railway Finance Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Assets

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2,755,041.29

3,804,815.23

4,493,599.45

4,903,587.51

4,850,824.26

Indian Railway Finance Quarterly Data
	Sep19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Assets	Get a 7-Day Free Trial															4,970,140.65	4,878,894.14	4,850,824.26	4,812,181.86	4,943,483.80

Indian Railway 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.

Indian Railway 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 )
	=	491785.67	+	4359038.59
	=	4,850,824

Indian Railway Finance's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2024 )	+	Total Liabilities (Q: Sep. 2024 )
	=	514641.2	+	4428842.6
	=	4,943,484

Indian Railway Finance (NSE:IRFC) Total Assets Explanation

Total Assets is connected with ROA %.

Indian Railway Finance's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %	=	Net Income (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
	=	64506	/	( (4812181.86	+	4943483.8)	/ 2 )
	=	64506	/	4877832.83
	=	1.32 %

Note: The Net Income data used here is four times the quarterly (Sep. 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.

Indian Railway Finance's Asset Turnover for the quarter that ended in Sep. 2024 is

	Asset Turnover
=	Revenue (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
=	68993.4	/	( (4812181.86	+	4943483.8)	/ 2 )
=	68993.4	/	4877832.83
=	0.01

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.

Indian Railway Finance Total Assets Related Terms

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Indian Railway Finance Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Indian Railway Finance Corp Ltd (NSE:IRFC) » Definitions » Total Assets

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543257:India

Address

Bhisham Pitamah Marg, Lodhi Road, UG Floor, East Tower, NBCC Place, Pragati Vihar, New Delhi, IND, 110003

Website

https://irfc.co.in

Indian Railway Finance Corp Ltd is engaged in the business of borrowing funds from the financial markets to finance the acquisition/creation of assets which are then leased out to the Indian Railways or any entity under the Ministry of Railways. Its only operating segment being Leasing and Finance. The company generates maximum revenue from Lease Income.

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