Jet Freight Logistics (NSE:JETFREIGHT) Total Assets : ₹1,547 Mil (As of Sep. 2024)

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What is Jet Freight Logistics Total Assets?

Jet Freight Logistics's Total Assets for the quarter that ended in Sep. 2024 was ₹1,547 Mil.

During the past 12 months, Jet Freight Logistics's average Total Assets Growth Rate was -0.20% per year. During the past 3 years, the average Total Assets Growth Rate was 17.20% per year. During the past 5 years, the average Total Assets Growth Rate was 12.10% per year. During the past 10 years, the average Total Assets Growth Rate was 17.60% per year.

During the past 13 years, Jet Freight Logistics's highest 3-Year average Total Assets Growth Rate was 29.80%. The lowest was 4.40%. And the median was 19.35%.

Total Assets is connected with ROA %. Jet Freight Logistics's annualized ROA % for the quarter that ended in Sep. 2024 was 1.54%. Total Assets is also linked to Revenue through Asset Turnover. Jet Freight Logistics's Asset Turnover for the quarter that ended in Sep. 2024 was 0.57.

Jet Freight Logistics Total Assets Historical Data

The historical data trend for Jet Freight Logistics'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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Jet Freight Logistics Total Assets Chart

Jet Freight Logistics Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Assets

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970.52

1,009.66

1,135.31

1,572.46

1,704.78

Jet Freight Logistics Quarterly Data
	Mar19	Sep19	Mar20	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															1,565.45	-	1,704.78	-	1,547.09

Jet Freight Logistics 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.

Jet Freight Logistics'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 )
	=	606.254	+	1098.525
	=	1,705

Jet Freight Logistics'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 )
	=	623.081	+	924.007
	=	1,547

Jet Freight Logistics (NSE:JETFREIGHT) Total Assets Explanation

Total Assets is connected with ROA %.

Jet Freight Logistics'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 )
	=	23.796	/	( (0	+	1547.088)	/ 1 )
	=	23.796	/	1547.088
	=	1.54 %

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.

Jet Freight Logistics'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 )
=	874.686	/	( (0	+	1547.088)	/ 1 )
=	874.686	/	1547.088
=	0.57

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.

Jet Freight Logistics Total Assets Related Terms

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Jet Freight Logistics Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Jet Freight Logistics Ltd (NSE:JETFREIGHT) » Definitions » Total Assets

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543420:India

Address

Cardinal Gracious Road, Opposite P&G Corporate Park, Pramukh Plaza, 706, C wing, 7th Floor, Opposite Holy Family Church, Chakala, Andheri East, Mumbai, MH, IND, 400099

Website

https://www.jfll.com

Jet Freight Logistics Ltd is involved in business of Freight Forwarding for handling Perishable, General and time sensitive cargo and other kinds of cargo. The company is offers a wide range of Supply Chain services such as Air Cargo Door-to-Door (Air Cargo DTD) services, Surface Parcel Delivery (SPD) Services to its customers, Third Party Warehousing. Jet Freight Logistics offers wide variety of services to its clients. Apart from Perishable, Time Sensitive and General Cargo, Company's service includes Custom Clearance, Logistics Solution, Shipment of Hazardous cargo and ODC consignments.

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