Pincon Spirit (NSE:PINCON) Total Assets: ₹6,418 Mil (As of Sep. 2017)


What is Pincon Spirit Total Assets?

Pincon Spirit NSE:PINCON Total Assets is ₹6,418 Mil as of Sep. 2017.

Pincon Spirit's Total Assets for the quarter that ended in Sep. 2017 was ₹6,418 Mil.

Total Assets is connected with ROA %. Pincon Spirit's annualized ROA % for the quarter that ended in Sep. 2017 was 9.26%. Total Assets is also linked to Revenue through Asset Turnover. Pincon Spirit's Asset Turnover for the quarter that ended in Sep. 2017 was 1.49.

Pincon Spirit  (NSE:PINCON) Total Assets Explanation

Total Assets is connected with ROA %.

Pincon Spirit's annualized ROA % for the quarter that ended in Sep. 2017 is

ROA %=Net Income (Q: Sep. 2017 )/( (Total Assets (Q: Mar. 2017 )+Total Assets (Q: Sep. 2017 ))/ count )
=556.112/( (5586.76+6417.895)/ 2 )
=556.112/6002.3275
=9.26 %

Note: The Net Income data used here is two times the semi-annual (Sep. 2017) 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.

Pincon Spirit's Asset Turnover for the quarter that ended in Sep. 2017 is

Asset Turnover
=Revenue (Q: Sep. 2017 )/( (Total Assets (Q: Mar. 2017 )+Total Assets (Q: Sep. 2017 ))/ count )
=8925.656/( (5586.76+6417.895)/ 2 )
=8925.656/6002.3275
=1.49

* 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.

Pincon Spirit Total Assets Related Terms

Pincon Spirit Total Assets Historical Data

* Premium members only.

The historical data trend for Pincon Spirit'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.

Pincon Spirit Total Assets Chart

Pincon Spirit Annual Data
Trend Mar14 Mar15 Mar16 Mar17
Total Assets
1,259.66 2,518.90 4,111.82 5,586.76

Pincon Spirit Semi-Annual Data
Mar14 Mar15 Mar16 Sep16 Mar17 Sep17
Total Assets Get a 7-Day Free Trial 2,518.90 4,111.82 4,526.98 5,586.76 6,417.90

Pincon Spirit 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.

Pincon Spirit's Total Assets for the fiscal year that ended in Mar. 2017 is calculated as

Total Assets=Total Equity (A: Mar. 2017 )+Total Liabilities (A: Mar. 2017 )
=1533.527+4053.233
=5,587

Pincon Spirit's Total Assets for the quarter that ended in Sep. 2017 is calculated as

Total Assets=Total Equity (Q: Sep. 2017 )+Total Liabilities (Q: Sep. 2017 )
=2051.353+4366.542
=6,418

* 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 ₹6,418 Mil mean?
Pincon Spirit (NSE:PINCON) has a Total Assets of ₹6,418 Mil as of Sep. 2017. The total amount of assets as recorded on a company's balance sheet. View historical data on Pincon Spirit and its competitors.
Is Pincon Spirit's Total Assets too high?
Pincon Spirit's current Total Assets is ₹6,418 Mil.
How does Pincon Spirit's Total Assets compare to THST and JCTG?
Pincon Spirit's Total Assets of ₹6,418 Mil can be compared against companies in the Beverages - Alcoholic 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 Beverages - Alcoholic company?
A good Total Assets depends on the Beverages - Alcoholic 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 Pincon Spirit and its competitors. Pincon Spirit's current Total Assets is ₹6,418 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pincon Spirit stock overvalued right now?
Pincon Spirit (NSE:PINCON) has a current Total Assets of ₹6,418 Mil. The current Total Assets is ₹6,418 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 Pincon Spirit (NSE:PINCON), the current Total Assets is ₹6,418 Mil as of Sep. 2017. 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.

Pincon Spirit Business Description

Address Number 103, 3rd Floor, Samskruthi Chambers, K.H Road, Shanthi Nagar, Bengaluru, KA, IND, 560027
Pincon Spirit Ltd is engaged in blending, bottling and wholesale distributions of Indian Made Foreign Liquor (IMFL), Indian Made Indian Liquor (IMIL) and refining, packaging and wholesale distributions of fast moving consumer goods. The company derives its revenue from its Indian Made Foreign Liquor (IMFL), Indian Made Indian Liquor (IMIL) segment. The Edible oils business segment is engaged in the manufacture of edible oils and the Company owns a refining and packaging unit.