Quicktouch Technologies's Total Assets for the quarter that ended in Mar. 2023 was ₹469.9 Mil.
During the past 12 months, Quicktouch Technologies's average Total Assets Growth Rate was 171.80% per year.
During the past 3 years, the average Total Assets Growth Rate was 95.20% per year.
During the past 5 years, the average Total Assets Growth Rate was 107.50% per year.
During the past 6 years, Quicktouch Technologies's highest 3-Year average Total Assets Growth Rate was 124.40%. The lowest was 75.90%. And the median was 95.20%.
* 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.
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.
Quicktouch Technologies's Total Assets for the fiscal year that ended in Mar. 2023 is calculated as
* 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.
Quicktouch Technologies (NSE:QUICKTOUCH) Total Assets Explanation
Note:
The Net Income data used here is one times the annual (Mar. 2023) 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.
Quicktouch Technologies's Asset Turnover for the quarter that ended in Mar. 2023 is
* 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.
Quicktouch Technologies Total Assets Related Terms
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Quicktouch Technologies (NSE:QUICKTOUCH) Business Description
Quicktouch Technologies Ltd is an information technology company. The company is in the business of Software IT solutions and Consulting Services, IT Product/Software Development and Software Commercial Training, and Web designing. The company offers Experience Designing, Software Engineering, Content Engineering, Digital Accelerators, Data & Analytics, Data Management & Cloud Adoption.
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