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Milton Industries (NSE:MILTON) Total Assets : ₹617.2 Mil (As of Mar. 2022)


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What is Milton Industries Total Assets?

Milton Industries's Total Assets for the quarter that ended in Mar. 2022 was ₹617.2 Mil.

Total Assets is connected with ROA %. Milton Industries's annualized ROA % for the quarter that ended in Mar. 2022 was 5.16%. Total Assets is also linked to Revenue through Asset Turnover. Milton Industries's Asset Turnover for the quarter that ended in Mar. 2022 was 0.94.

Milton Industries Total Assets Historical Data

The historical data trend for Milton Industries'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.

Milton Industries Total Assets Chart

Milton Industries Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 695.64 628.48 713.11 643.30 617.24

Milton Industries Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only 695.64 628.48 713.11 643.30 617.24

Milton Industries 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.

Milton Industries's Total Assets for the fiscal year that ended in Mar. 2022 is calculated as

Total Assets=Total Equity (A: Mar. 2022 )+Total Liabilities (A: Mar. 2022 )
=401.92+215.323
=617.2

Milton Industries's Total Assets for the quarter that ended in Mar. 2022 is calculated as

Total Assets=Total Equity (Q: Mar. 2022 )+Total Liabilities (Q: Mar. 2022 )
=401.92+215.323
=617.2

* 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.

Milton Industries  (NSE:MILTON) Total Assets Explanation

Total Assets is connected with ROA %.

Milton Industries's annualized ROA % for the quarter that ended in Mar. 2022 is

ROA %=Net Income (Q: Mar. 2022 )/( (Total Assets (Q: Mar. 2021 )+Total Assets (Q: Mar. 2022 ))/ count )
=32.524/( (643.299+617.243)/ 2 )
=32.524/630.271
=5.16 %

Note: The Net Income data used here is one times the annual (Mar. 2022) 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.

Milton Industries's Asset Turnover for the quarter that ended in Mar. 2022 is

Asset Turnover
=Revenue (Q: Mar. 2022 )/( (Total Assets (Q: Mar. 2021 )+Total Assets (Q: Mar. 2022 ))/ count )
=590.07/( (643.299+617.243)/ 2 )
=590.07/630.271
=0.94

* 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.

Milton Industries Total Assets Related Terms

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Milton Industries (NSE:MILTON) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Milton Industries Ltd (NSE:MILTON) » Definitions » Total Assets
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Traded in Other Exchanges
N/A
Address
Ashram Road, 1/2, Chitra-Ami Appartment, Opposite La Gajjar Chamber, Ahmedabad, GJ, IND, 380009
Website
https://www.miltonindustries.in
Milton Industries Ltd is engaged in the manufacturing of laminated sheets and other allied products. The firm produces artificial leather cloth and glass fiber reinforced epoxy (GFRE) sheets. It also manufactures, exports high-pressure laminates, industrial laminates, laminated boards, flooring laminates, artificial leather cloth, and other products. The business operates in three segments: Laminate, Rexine, and GFRE, of which the majority of the revenue comes from the GFRE division. The company's products are applicable on walls, doors, windows, cupboards, tabletops, hotels, cash counters, and home kitchens. The majority of the revenue comes from the Indian market.

Milton Industries (NSE:MILTON) Headlines

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