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Pranik Logistics (NSE:PRANIK) Total Assets : ₹384.3 Mil (As of Jun. 2024)


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What is Pranik Logistics Total Assets?

Pranik Logistics's Total Assets for the quarter that ended in Jun. 2024 was ₹384.3 Mil.

During the past 12 months, Pranik Logistics's average Total Assets Growth Rate was 53.10% per year. During the past 3 years, the average Total Assets Growth Rate was 57.40% per year.

During the past 4 years, Pranik Logistics's highest 3-Year average Total Assets Growth Rate was 57.40%. The lowest was 57.40%. And the median was 57.40%.

Total Assets is connected with ROA %. Pranik Logistics's annualized ROA % for the quarter that ended in Jun. 2024 was 11.76%. Total Assets is also linked to Revenue through Asset Turnover. Pranik Logistics's Asset Turnover for the quarter that ended in Jun. 2024 was 0.60.


Pranik Logistics Total Assets Historical Data

The historical data trend for Pranik Logistics'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.

Pranik Logistics Total Assets Chart

Pranik Logistics Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Total Assets
91.18 140.45 235.27 356.83

Pranik Logistics Quarterly Data
Mar21 Mar22 Mar23 Dec23 Mar24 Jun24
Total Assets Get a 7-Day Free Trial 140.45 235.27 319.89 356.83 384.28

Pranik Logistics 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.

Pranik Logistics'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 )
=114.319+242.511
=356.8

Pranik Logistics's Total Assets for the quarter that ended in Jun. 2024 is calculated as

Total Assets=Total Equity (Q: Jun. 2024 )+Total Liabilities (Q: Jun. 2024 )
=125.209+259.066
=384.3

* 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.


Pranik Logistics  (NSE:PRANIK) Total Assets Explanation

Total Assets is connected with ROA %.

Pranik Logistics's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %=Net Income (Q: Jun. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Jun. 2024 ))/ count )
=43.56/( (356.83+384.275)/ 2 )
=43.56/370.5525
=11.76 %

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

Pranik Logistics's Asset Turnover for the quarter that ended in Jun. 2024 is

Asset Turnover
=Revenue (Q: Jun. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Jun. 2024 ))/ count )
=223.08/( (356.83+384.275)/ 2 )
=223.08/370.5525
=0.60

* 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.

Pranik Logistics Total Assets Related Terms

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Pranik Logistics Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
P. S. Srijan Tech Park, Plot No. 52, Block DN, 14th Floor, Sector V, Salt Lake, Kolkata, WB, IND, 700091
Pranik Logistics Ltd is engaged as carrying and forwarding agent providing end-to-end Logistics solutions. It is a pan India logistics provider, acting as carrying and forwarding agent and providing integrated services including transportation, warehousing, material handling and freight forwarding to various industries such as Retail, Customer Durables, Telecom, Manufacturing, Pharma, etc.

Pranik Logistics Headlines

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