Opal Luxury Time Products (NSE:OPAL) Total Assets: ₹114.47 Mil (As of Sep. 2019)


What is Opal Luxury Time Products Total Assets?

Opal Luxury Time Products NSE:OPAL Total Assets is ₹114.47 Mil as of Sep. 2019.

Opal Luxury Time Products's Total Assets for the quarter that ended in Sep. 2019 was ₹114.47 Mil.

Total Assets is connected with ROA %. Opal Luxury Time Products's annualized ROA % for the quarter that ended in Sep. 2019 was -245.21%. Total Assets is also linked to Revenue through Asset Turnover. Opal Luxury Time Products's Asset Turnover for the quarter that ended in Sep. 2019 was 0.07.

Opal Luxury Time Products  (NSE:OPAL) Total Assets Explanation

Total Assets is connected with ROA %.

Opal Luxury Time Products's annualized ROA % for the quarter that ended in Sep. 2019 is

ROA %=Net Income (Q: Sep. 2019 )/( (Total Assets (Q: Sep. 2018 )+Total Assets (Q: Sep. 2019 ))/ count )
=-280.684/( (0+114.468)/ 1 )
=-280.684/114.468
=-245.21 %

Note: The Net Income data used here is two times the semi-annual (Sep. 2019) 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.

Opal Luxury Time Products's Asset Turnover for the quarter that ended in Sep. 2019 is

Asset Turnover
=Revenue (Q: Sep. 2019 )/( (Total Assets (Q: Sep. 2018 )+Total Assets (Q: Sep. 2019 ))/ count )
=7.49/( (0+114.468)/ 1 )
=7.49/114.468
=0.07

* 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.

Opal Luxury Time Products Total Assets Related Terms

Opal Luxury Time Products Total Assets Historical Data

* Premium members only.

The historical data trend for Opal Luxury Time Products'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.

Opal Luxury Time Products Total Assets Chart

Opal Luxury Time Products Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Total Assets
Get a 7-Day Free Trial 396.55 410.08 405.93 468.45 396.29

Opal Luxury Time Products Semi-Annual Data
Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Sep18 Sep19
Total Assets Get a 7-Day Free Trial Premium Member Only 405.93 468.45 396.29 0.00 114.47

Opal Luxury Time Products 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.

Opal Luxury Time Products's Total Assets for the fiscal year that ended in Mar. 2018 is calculated as

Total Assets=Total Equity (A: Mar. 2018 )+Total Liabilities (A: Mar. 2018 )
=190.859+205.433
=396.29

Opal Luxury Time Products's Total Assets for the quarter that ended in Sep. 2019 is calculated as

Total Assets=Total Equity (Q: Sep. 2019 )+Total Liabilities (Q: Sep. 2019 )
=-106.663+221.131
=114.47

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of ₹114.47 Mil mean?
Opal Luxury Time Products (NSE:OPAL) has a Total Assets of ₹114.47 Mil as of Sep. 2019. The total amount of assets as recorded on a company's balance sheet. View historical data on Opal Luxury Time Products and its competitors.
Is Opal Luxury Time Products' Total Assets too high?
Opal Luxury Time Products' current Total Assets is ₹114.47 Mil.
How does Opal Luxury Time Products' Total Assets compare to FBHS and WHR?
Opal Luxury Time Products' Total Assets of ₹114.47 Mil can be compared against companies in the Furnishings, Fixtures & Appliances industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a Furnishings, Fixtures & Appliances company?
A good Total Assets depends on the Furnishings, Fixtures & Appliances industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Opal Luxury Time Products and its competitors. Opal Luxury Time Products's current Total Assets is ₹114.47 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Opal Luxury Time Products stock overvalued right now?
Opal Luxury Time Products (NSE:OPAL) has a current Total Assets of ₹114.47 Mil. The current Total Assets is ₹114.47 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Opal Luxury Time Products (NSE:OPAL), the current Total Assets is ₹114.47 Mil as of Sep. 2019. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Opal Luxury Time Products Business Description

Address Senapati Bapat Road, Shree Ganesh, Plot No. 31, 1st Floor, Shivaji Housing Society, Behind ICC Tower, Pune, MH, IND, 411016
Opal Luxury Time Products Ltd is engaged in manufacturing and marketing of home decor products and designs, manufactures, assembles, markets in India and offers watches, wall and table clocks, and allied products and accessories. The firm markets its products through a network of distributors, dealers, home decor stores, furniture stores, crockery dealers, and organized retailers under the Opal brand. The company operates 333 counters and 11 online shopping portals in India. The firm offers a diverse product mix which varies with the following parameters: Price Range, Mould-component-make (wood, metal, acrylic, glass, etc.) and Styles (statue, table, digital, and contemporary). It also offers its products through opalclocks.com, an online shopping portal.