GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » JM Financial Ltd (NSE:JMFINANCIL) » Definitions » Total Assets

JM Financial (NSE:JMFINANCIL) Total Assets : ₹0 Mil (As of Jun. 2024)


View and export this data going back to 2006. Start your Free Trial

What is JM Financial Total Assets?

JM Financial's Total Assets for the quarter that ended in Jun. 2024 was ₹0 Mil.

During the past 12 months, JM Financial's average Total Assets Growth Rate was -4.60% per year. During the past 3 years, the average Total Assets Growth Rate was 6.70% per year. During the past 5 years, the average Total Assets Growth Rate was 6.90% per year. During the past 10 years, the average Total Assets Growth Rate was 15.80% per year.

During the past 13 years, JM Financial's highest 3-Year average Total Assets Growth Rate was 45.20%. The lowest was 1.00%. And the median was 14.80%.

Total Assets is connected with ROA %. JM Financial's annualized ROA % for the quarter that ended in Jun. 2024 was 2.29%. Total Assets is also linked to Revenue through Asset Turnover. JM Financial's Asset Turnover for the quarter that ended in Jun. 2024 was 0.02.


JM Financial Total Assets Historical Data

The historical data trend for JM Financial'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.

JM Financial Total Assets Chart

JM Financial Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 207,455.20 235,148.50 258,145.00 293,704.40 297,636.00

JM Financial Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 314,713.40 - 297,636.00 -

JM Financial 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.

JM Financial'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 )
=110560.3+187075.7
=297,636

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

Total Assets=Total Equity (Q: Jun. 2024 )+Total Liabilities (Q: Jun. 2024 )
=N/A+N/A
=N/A

* 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.


JM Financial  (NSE:JMFINANCIL) Total Assets Explanation

Total Assets is connected with ROA %.

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

ROA %=Net Income (Q: Jun. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Jun. 2024 ))/ count )
=6828/( (297636+0)/ 1 )
=6828/297636
=2.29 %

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.

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

Asset Turnover
=Revenue (Q: Jun. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Jun. 2024 ))/ count )
=6511.9/( (297636+0)/ 1 )
=6511.9/297636
=0.02

* 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.

JM Financial Total Assets Related Terms

Thank you for viewing the detailed overview of JM Financial's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


JM Financial Business Description

Traded in Other Exchanges
Address
Appasaheb Marathe Marg, 7th Floor, Cnergy, Prabhadevi, Mumbai, MH, IND, 400 025
JM Financial Ltd is an India-based financial services group, specialising in providing a range of businesses to corporations, financial institutions, high-net-worth individuals and retail investors. Its operating segment includes Investment Banking, Wealth Management and Securities Business (IWS); Mortgage Lending; Distressed Credit; and Asset Management and Others. IWS segment, which is the key revenue-generating segment, includes management of capital markets transactions, advising on mergers and acquisitions, and private equity syndication as well as provides investment advisory and distribution services, involving equity brokerage services, wealth management, capital market lending for wealth management and distribution of financial products.

JM Financial Headlines

No Headlines