Jio Financial Services (NSE:JIOFIN) Total Assets : ₹0 Mil (As of Jun. 2024)

Jio Financial Services Total Assets Chart

Jio Financial Services Annual Data
	Trend	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23	Mar24
Total Assets		Get a 7-Day Free Trial					476.58	206.02	222.81	1,149,297.40	1,448,629.90

Jio Financial Services Quarterly Data
	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Total Assets	Get a 7-Day Free Trial							-	1,195,975.90	-	1,448,629.90	-

Jio Financial Services 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.

Jio Financial Services's Total Assets for the fiscal year that ended in Mar. 2024 is calculated as

Jio Financial Services's Total Assets for the quarter that ended in Jun. 2024 is calculated as

* 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.

Jio Financial Services  (NSE:JIOFIN) Total Assets Explanation

Total Assets is connected with ROA %.

Jio Financial Services's annualized ROA % for the quarter that ended in Jun. 2024 is

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

Jio Financial Services's Asset Turnover for the quarter that ended in Jun. 2024 is

* 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.

Jio Financial Services Total Assets Related Terms

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Jio Financial Services Business Description