GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » MCON Rasayan India Ltd (NSE:MCON) » Definitions » Total Assets

MCON Rasayan India (NSE:MCON) Total Assets : ₹456.2 Mil (As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is MCON Rasayan India Total Assets?

MCON Rasayan India's Total Assets for the quarter that ended in Mar. 2024 was ₹456.2 Mil.

During the past 12 months, MCON Rasayan India's average Total Assets Growth Rate was 49.60% per year. During the past 3 years, the average Total Assets Growth Rate was 75.80% per year.

During the past 5 years, MCON Rasayan India's highest 3-Year average Total Assets Growth Rate was 75.80%. The lowest was 57.20%. And the median was 66.50%.

Total Assets is connected with ROA %. MCON Rasayan India's annualized ROA % for the quarter that ended in Mar. 2024 was 5.76%. Total Assets is also linked to Revenue through Asset Turnover. MCON Rasayan India's Asset Turnover for the quarter that ended in Mar. 2024 was 0.62.

MCON Rasayan India Total Assets Historical Data

The historical data trend for MCON Rasayan 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.

* Premium members only.

MCON Rasayan India Total Assets Chart

MCON Rasayan India Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Total Assets
77.60 83.18 144.45 303.10 456.18

MCON Rasayan India Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24
Total Assets Get a 7-Day Free Trial 144.45 177.75 303.10 345.72 456.18

MCON Rasayan 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.

MCON Rasayan 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 )
=156.573+299.61
=456.2

MCON Rasayan 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 )
=156.573+299.61
=456.2

* 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.

MCON Rasayan India  (NSE:MCON) Total Assets Explanation

Total Assets is connected with ROA %.

MCON Rasayan India'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 )
=23.102/( (345.722+456.183)/ 2 )
=23.102/400.9525
=5.76 %

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.

MCON Rasayan India'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 )
=248.8/( (345.722+456.183)/ 2 )
=248.8/400.9525
=0.62

* 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.

MCON Rasayan India Total Assets Related Terms

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

MCON Rasayan India Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » MCON Rasayan India Ltd (NSE:MCON) » Definitions » Total Assets
Comparable Companies
BOM:533029 BOM:524336 BOM:506605 NSE:AMBANIORGO NSE:DHARIWAL BOM:540204 BOM:531163 BOM:544265 BOM:544351 NSE:SRIVASAVI LIN XPAR:AI SHW ECL APD XSWX:GIVN XSWX:SIKA ISX:TPIA DD SHSE:600309
Traded in Other Exchanges
N/A
Address
Plot-169, Off link road, CTS-104 Bangur Nagar, 101/A, 1st Floor, Maxheal House, Goregaon West, Near Ayyappa Temple, Mumbai-, MH, IND, 400090
Website
https://www.mconrasayan.com
MCON Rasayan India Ltd is the manufacturer and supplier of high-quality construction chemicals and building finishing products for the Indian industry and overseas markets. The company has a suite of products including a range of construction materials and construction chemicals in both powder and liquid forms. The Powder products of the company are Ready-mix plaster, Tile adhesives, Block adhesives, Wall putty, Micro concrete, and others.

MCON Rasayan India Headlines

No Headlines