Johnson Controls - Hitachi Air Conditioning India (NSE:JCHAC) Total Assets : ₹16,572 Mil (As of Mar. 2024)

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What is Johnson Controls - Hitachi Air Conditioning India Total Assets?

Johnson Controls - Hitachi Air Conditioning India's Total Assets for the quarter that ended in Mar. 2024 was ₹16,572 Mil.

During the past 12 months, Johnson Controls - Hitachi Air Conditioning India's average Total Assets Growth Rate was -10.30% per year. During the past 3 years, the average Total Assets Growth Rate was 1.40% per year. During the past 5 years, the average Total Assets Growth Rate was 2.20% per year. During the past 10 years, the average Total Assets Growth Rate was 7.50% per year.

During the past 13 years, Johnson Controls - Hitachi Air Conditioning India's highest 3-Year average Total Assets Growth Rate was 34.10%. The lowest was 1.40%. And the median was 12.40%.

Total Assets is connected with ROA %. Johnson Controls - Hitachi Air Conditioning India's annualized ROA % for the quarter that ended in Mar. 2024 was 11.78%. Total Assets is also linked to Revenue through Asset Turnover. Johnson Controls - Hitachi Air Conditioning India's Asset Turnover for the quarter that ended in Mar. 2024 was 0.47.

Johnson Controls - Hitachi Air Conditioning India Total Assets Historical Data

The historical data trend for Johnson Controls - Hitachi Air Conditioning 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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Johnson Controls - Hitachi Air Conditioning India Total Assets Chart

Johnson Controls - Hitachi Air Conditioning India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Assets

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15,840.70

16,426.20

17,939.10

17,885.90

16,572.20

Johnson Controls - Hitachi Air Conditioning India Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															17,885.90	-	11,960.40	-	16,572.20

Johnson Controls - Hitachi Air Conditioning 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.

Johnson Controls - Hitachi Air Conditioning India'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 )
	=	5829.7	+	10742.5
	=	16,572

Johnson Controls - Hitachi Air Conditioning India'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 )
	=	5829.7	+	10742.5
	=	16,572

Johnson Controls - Hitachi Air Conditioning India (NSE:JCHAC) Total Assets Explanation

Total Assets is connected with ROA %.

Johnson Controls - Hitachi Air Conditioning India's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	1952.8	/	( (0	+	16572.2)	/ 1 )
	=	1952.8	/	16572.2
	=	11.78 %

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

Johnson Controls - Hitachi Air Conditioning India's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	7718.1	/	( (0	+	16572.2)	/ 1 )
=	7718.1	/	16572.2
=	0.47

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.

Johnson Controls - Hitachi Air Conditioning India Total Assets Related Terms

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Johnson Controls - Hitachi Air Conditioning India (NSE:JCHAC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Johnson Controls - Hitachi Air Conditioning India Ltd (NSE:JCHAC) » Definitions » Total Assets

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Traded in Other Exchanges

523398:India

Address

Hitachi Complex, Karan Nagar Kadi District, Mehsana, GJ, IND, 384 440

Website

https://www.hitachiaircon.in

Johnson Controls - Hitachi Air Conditioning India Ltd is a manufacturer and trader of home appliances. The company is headquartered in India and generates the majority of revenue domestically. The company produces air conditioners, refrigerators, air purifiers, washing machines, chillers, telecom cooling units, variable refrigerant flow systems, and centrifugal chillers. The company has a network of showrooms and service centres across India, which include dealers and franchisees, in addition to a sales network.

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