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Micropro Software Solutions (NSE:MICROPRO) Total Assets : ₹256.0 Mil (As of Mar. 2023)


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What is Micropro Software Solutions Total Assets?

Micropro Software Solutions's Total Assets for the quarter that ended in Mar. 2023 was ₹256.0 Mil.

During the past 12 months, Micropro Software Solutions's average Total Assets Growth Rate was 31.90% per year.

Total Assets is connected with ROA %. Micropro Software Solutions's annualized ROA % for the quarter that ended in Mar. 2023 was 25.70%. Total Assets is also linked to Revenue through Asset Turnover. Micropro Software Solutions's Asset Turnover for the quarter that ended in Mar. 2023 was 0.95.

Micropro Software Solutions Total Assets Historical Data

The historical data trend for Micropro Software Solutions'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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Micropro Software Solutions Total Assets Chart

Micropro Software Solutions Annual Data
Trend Mar21 Mar22 Mar23
Total Assets
154.76 204.86 255.96

Micropro Software Solutions Semi-Annual Data
Mar21 Mar22 Mar23
Total Assets 154.76 204.86 255.96

Micropro Software Solutions 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.

Micropro Software Solutions's Total Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Assets=Total Equity (A: Mar. 2023 )+Total Liabilities (A: Mar. 2023 )
=164.821+91.136
=256.0

Micropro Software Solutions's Total Assets for the quarter that ended in Mar. 2023 is calculated as

Total Assets=Total Equity (Q: Mar. 2023 )+Total Liabilities (Q: Mar. 2023 )
=164.821+91.136
=256.0

* 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.

Micropro Software Solutions  (NSE:MICROPRO) Total Assets Explanation

Total Assets is connected with ROA %.

Micropro Software Solutions's annualized ROA % for the quarter that ended in Mar. 2023 is

ROA %=Net Income (Q: Mar. 2023 )/( (Total Assets (Q: Mar. 2022 )+Total Assets (Q: Mar. 2023 ))/ count )
=59.223/( (204.858+255.957)/ 2 )
=59.223/230.4075
=25.70 %

Note: The Net Income data used here is one times the annual (Mar. 2023) 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.

Micropro Software Solutions's Asset Turnover for the quarter that ended in Mar. 2023 is

Asset Turnover
=Revenue (Q: Mar. 2023 )/( (Total Assets (Q: Mar. 2022 )+Total Assets (Q: Mar. 2023 ))/ count )
=219.364/( (204.858+255.957)/ 2 )
=219.364/230.4075
=0.95

* 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.

Micropro Software Solutions Total Assets Related Terms

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Micropro Software Solutions (NSE:MICROPRO) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Micropro Software Solutions Ltd (NSE:MICROPRO) » Definitions » Total Assets
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Traded in Other Exchanges
N/A
Address
Gayatri Nagar Road, Plot NO. 28, 102 Wing A, 7th Floor, VIPL IT Park Building, Nagpur, MH, IND, 440022
Website
https://www.microproindia.com
Micropro Software Solutions Ltd is engaged in the business of providing software development, maintenance services as well as trading of hardware and software products. The company provides consulting along with technical services and IT solutions to its clients across different industries. The services offered by the company include IT Infrastructure Management, Manpower Services, Network and Security Services among others. It also offers software products such as HospyCare, OpenSys-Logix, OpenSys MicroBooks and others.

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