GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Kritika Wires Ltd (NSE:KRITIKA) » Definitions » Total Assets

Kritika Wires (NSE:KRITIKA) Total Assets : ₹1,525 Mil (As of Mar. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Kritika Wires Total Assets?

Kritika Wires's Total Assets for the quarter that ended in Mar. 2024 was ₹1,525 Mil.

During the past 12 months, Kritika Wires's average Total Assets Growth Rate was 9.90% per year. During the past 3 years, the average Total Assets Growth Rate was 1.60% per year. During the past 5 years, the average Total Assets Growth Rate was -1.90% per year. During the past 10 years, the average Total Assets Growth Rate was 2.10% per year.

During the past 11 years, Kritika Wires's highest 3-Year average Total Assets Growth Rate was 14.30%. The lowest was -5.30%. And the median was 2.00%.

Total Assets is connected with ROA %. Kritika Wires's annualized ROA % for the quarter that ended in Mar. 2024 was 8.98%. Total Assets is also linked to Revenue through Asset Turnover. Kritika Wires's Asset Turnover for the quarter that ended in Mar. 2024 was 1.46.


Kritika Wires Total Assets Historical Data

The historical data trend for Kritika Wires'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.

Kritika Wires Total Assets Chart

Kritika Wires 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 1,267.75 1,249.09 1,236.98 1,183.11 1,525.34

Kritika Wires Semi-Annual Data
Mar14 Mar15 Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 1,236.98 - 1,183.11 1,564.69 1,525.34

Kritika Wires 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.

Kritika Wires'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 )
=843.369+681.972
=1,525

Kritika Wires'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 )
=843.369+681.972
=1,525

* 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.


Kritika Wires  (NSE:KRITIKA) Total Assets Explanation

Total Assets is connected with ROA %.

Kritika Wires's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=138.806/( (1564.688+1525.341)/ 2 )
=138.806/1545.0145
=8.98 %

Note: The Net Income data used here is two times the semi-annual (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.

Kritika Wires's Asset Turnover for the quarter that ended in Mar. 2024 is

Asset Turnover
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=2258.119/( (1564.688+1525.341)/ 2 )
=2258.119/1545.0145
=1.46

* 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.

Kritika Wires Total Assets Related Terms

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


Kritika Wires (NSE:KRITIKA) Business Description

Traded in Other Exchanges
N/A
Address
Plot-BG-12, Bus Terminus and Commercial Complex, Unit no. 201, 2nd Floor, AA-I, New Town Pride Hotel Building, Opposite to NOVOTEL, Kolkata, WB, IND, 700156
Kritika Wires Ltd is engaged in the manufacturing of galvanized steel wires and wire products. The company is focused on exporting and supplying Industrial Steel. The company's products are used for the transmission and distribution of electricity, and the manufacturing of concrete slippers, poles, bridges, and other infrastructure facilities. The products of the company include Mild Steel Wire, GI Stay Wire, Spring Steel Wire, Barbed Wire, and others.

Kritika Wires (NSE:KRITIKA) Headlines

No Headlines