GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Precision Metaliks Ltd (NSE:PRECISION) » Definitions » Total Assets

Precision Metaliks (NSE:PRECISION) Total Assets : ₹1,645 Mil (As of Sep. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Precision Metaliks Total Assets?

Precision Metaliks's Total Assets for the quarter that ended in Sep. 2024 was ₹1,645 Mil.

During the past 12 months, Precision Metaliks's average Total Assets Growth Rate was 63.90% per year. During the past 3 years, the average Total Assets Growth Rate was 89.50% per year. During the past 5 years, the average Total Assets Growth Rate was 109.10% per year.

During the past 6 years, Precision Metaliks's highest 3-Year average Total Assets Growth Rate was 127.70%. The lowest was 89.50%. And the median was 94.40%.

Total Assets is connected with ROA %. Precision Metaliks's annualized ROA % for the quarter that ended in Sep. 2024 was 1.46%. Total Assets is also linked to Revenue through Asset Turnover. Precision Metaliks's Asset Turnover for the quarter that ended in Sep. 2024 was 0.49.

Precision Metaliks Total Assets Historical Data

The historical data trend for Precision Metaliks'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.

Precision Metaliks Total Assets Chart

Precision Metaliks Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Total Assets
Get a 7-Day Free Trial 136.73 214.77 457.97 1,094.70 1,537.01

Precision Metaliks Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only 919.63 1,094.70 1,091.87 1,537.01 1,644.92

Precision Metaliks 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.

Precision Metaliks'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 )
=868.001+669.012
=1,537

Precision Metaliks'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 )
=879.592+765.329
=1,645

* 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.

Precision Metaliks  (NSE:PRECISION) Total Assets Explanation

Total Assets is connected with ROA %.

Precision Metaliks'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 )
=23.182/( (1537.013+1644.921)/ 2 )
=23.182/1590.967
=1.46 %

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.

Precision Metaliks'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 )
=775.945/( (1537.013+1644.921)/ 2 )
=775.945/1590.967
=0.49

* 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.

Precision Metaliks Total Assets Related Terms

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

Precision Metaliks Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Precision Metaliks Ltd (NSE:PRECISION) » Definitions » Total Assets
Comparable Companies
BOM:530711 BOM:522207 BOM:513059 BOM:521244 NSE:PREMIUM BOM:543065 BOM:543606 BOM:532933 BOM:513418 BOM:541178 ORLY AZO TSE:6902 TSE:5108 XPAR:ML SHSE:600660 GPC XTER:CON XKRX:012330 XTER:KBX
Traded in Other Exchanges
N/A
Address
Flat No. 202, CBM Compound, No. 9-19-43, Suryadev Apartments, Visakhapatnam, AP, IND, 530003
Website
https://www.precision-metaliks.com
Precision Metaliks Ltd is engaged in trading and manufacturing aluminum alloy wheels in a wide variety of sizes and finishing alloy wheels. The company is engaged in the processing of semi-finished alloy wheels by rendering value-added services and other engineering services.

Precision Metaliks Headlines

No Headlines