GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Phoenix Overseas Ltd (NSE:PHOGLOBAL) » Definitions » Total Assets

Phoenix Overseas (NSE:PHOGLOBAL) Total Assets : ₹1,305 Mil (As of Sep. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Phoenix Overseas Total Assets?

Phoenix Overseas's Total Assets for the quarter that ended in Sep. 2024 was ₹1,305 Mil.

During the past 3 years, the average Total Assets Growth Rate was 12.00% per year.

During the past 4 years, Phoenix Overseas's highest 3-Year average Total Assets Growth Rate was 12.00%. The lowest was 12.00%. And the median was 12.00%.

Total Assets is connected with ROA %. Phoenix Overseas's annualized ROA % for the quarter that ended in Sep. 2024 was 1.82%. Total Assets is also linked to Revenue through Asset Turnover. Phoenix Overseas's Asset Turnover for the quarter that ended in Sep. 2024 was 1.53.


Phoenix Overseas Total Assets Historical Data

The historical data trend for Phoenix Overseas'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.

Phoenix Overseas Total Assets Chart

Phoenix Overseas Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Total Assets
1,031.60 948.06 1,468.65 1,316.24

Phoenix Overseas Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24
Total Assets Get a 7-Day Free Trial 948.06 1,468.65 - 1,316.24 1,305.44

Phoenix Overseas 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.

Phoenix Overseas'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 )
=501.267+814.971
=1,316

Phoenix Overseas's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets=Total Equity (Q: Sep. 2024 )+Total Liabilities (Q: Sep. 2024 )
=759.925+545.51
=1,305

* 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.


Phoenix Overseas  (NSE:PHOGLOBAL) Total Assets Explanation

Total Assets is connected with ROA %.

Phoenix Overseas's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=23.802/( (1316.238+1305.435)/ 2 )
=23.802/1310.8365
=1.82 %

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

Phoenix Overseas's Asset Turnover for the quarter that ended in Sep. 2024 is

Asset Turnover
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=2011.411/( (1316.238+1305.435)/ 2 )
=2011.411/1310.8365
=1.53

* 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.

Phoenix Overseas Total Assets Related Terms

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


Phoenix Overseas Business Description

Traded in Other Exchanges
N/A
Address
13B Bidhan Sarani Amherst Street, Chanda Plaza 4th Floor, Kolkata, WB, IND, 700006
Phoenix Overseas Ltd is engaged into trading and marketing of animal feeds and agricultural produce and commodities such as corn, oil cakes, spices like dry red chilies, coriander, cumin seeds, food grains like rice, wheat, corn, sorghum and tea, pulses and agricultural feed like soya bean meal and rice bran de-oiled cake. It exports are to Bangladesh among other Asian Countries. It is also engaged in manufacturing of bags for men and women made of jute, cotton, canvas, and leather as well as various other fashion accessories for buyers based in European Countries like France, Italy, Germany, UAE and also in Australia. The company include three segments: Fashion Accessories, Merchant Export and Cold storage. Key revenue is generated from Merchant Export.

Phoenix Overseas Headlines

No Headlines