Next Mediaworks (NSE:NEXTMEDIA) Total Assets : ₹788.6 Mil (As of Mar. 2024)

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What is Next Mediaworks Total Assets?

Next Mediaworks's Total Assets for the quarter that ended in Mar. 2024 was ₹788.6 Mil.

During the past 12 months, Next Mediaworks's average Total Assets Growth Rate was -25.00% per year. During the past 3 years, the average Total Assets Growth Rate was -12.90% per year. During the past 5 years, the average Total Assets Growth Rate was -12.60% per year. During the past 10 years, the average Total Assets Growth Rate was -8.20% per year.

During the past 13 years, Next Mediaworks's highest 3-Year average Total Assets Growth Rate was 2.10%. The lowest was -13.80%. And the median was -9.20%.

Total Assets is connected with ROA %. Next Mediaworks's annualized ROA % for the quarter that ended in Mar. 2024 was -60.97%. Total Assets is also linked to Revenue through Asset Turnover. Next Mediaworks's Asset Turnover for the quarter that ended in Mar. 2024 was 0.14.

Next Mediaworks Total Assets Historical Data

The historical data trend for Next Mediaworks'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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Next Mediaworks Total Assets Chart

Next Mediaworks Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Assets

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1,171.60

1,020.50

1,007.60

919.70

788.60

Next Mediaworks Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															919.70	-	846.80	-	788.60

Next Mediaworks 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.

Next Mediaworks'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 )
	=	-1443.1	+	2231.7
	=	788.6

Next Mediaworks'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 )
	=	-1443.1	+	2231.7
	=	788.6

Next Mediaworks (NSE:NEXTMEDIA) Total Assets Explanation

Total Assets is connected with ROA %.

Next Mediaworks's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	-480.8	/	( (0	+	788.6)	/ 1 )
	=	-480.8	/	788.6
	=	-60.97 %

Note: The Net Income data used here is four times the quarterly (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.

Next Mediaworks's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	107.6	/	( (0	+	788.6)	/ 1 )
=	107.6	/	788.6
=	0.14

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.

Next Mediaworks Total Assets Related Terms

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Next Mediaworks (NSE:NEXTMEDIA) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Next Mediaworks Ltd (NSE:NEXTMEDIA) » Definitions » Total Assets

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532416:India

Address

18-20, Kasturba Gandhi Marg, Hindustan Times House, 2nd Floor, New Delhi, IND, 110001

Website

https://www.nextmediaworks.com

Next Mediaworks Ltd is an Indian based company engaged in the FM Radio broadcasting business. It operates under frequency 94.3MHz in all its cities except for the city of Ahmedabad where it operates under the frequency 95 MHz. The company has one operating segment, i.e. Media and Entertainment.

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