Rajnandini Metal (NSE:RAJMET) Total Assets : ₹0 Mil (As of Dec. 2023)

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What is Rajnandini Metal Total Assets?

Rajnandini Metal's Total Assets for the quarter that ended in Dec. 2023 was ₹0 Mil.

During the past 12 months, Rajnandini Metal's average Total Assets Growth Rate was 58.00% per year. During the past 3 years, the average Total Assets Growth Rate was 30.80% per year. During the past 5 years, the average Total Assets Growth Rate was 32.50% per year. During the past 10 years, the average Total Assets Growth Rate was 13.50% per year.

During the past 11 years, Rajnandini Metal's highest 3-Year average Total Assets Growth Rate was 39.70%. The lowest was -3.60%. And the median was 9.35%.

Total Assets is connected with ROA %. Rajnandini Metal's annualized ROA % for the quarter that ended in Dec. 2023 was 8.66%. Total Assets is also linked to Revenue through Asset Turnover. Rajnandini Metal's Asset Turnover for the quarter that ended in Dec. 2023 was 1.67.

Rajnandini Metal Total Assets Historical Data

The historical data trend for Rajnandini Metal'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.

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Rajnandini Metal Total Assets Chart

Rajnandini Metal Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Assets

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401.21

628.09

896.80

1,077.10

1,398.80

Rajnandini Metal Quarterly Data
	Mar17	Mar18	Mar19	Sep19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial															-	1,398.80	-	1,782.50	-

Rajnandini Metal 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.

Rajnandini Metal's Total Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Assets	=	Total Equity (A: Mar. 2023 )	+	Total Liabilities (A: Mar. 2023 )
	=	414.3	+	984.5
	=	1,399

Rajnandini Metal's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	N/A	+	N/A
	=	N/A

Rajnandini Metal (NSE:RAJMET) Total Assets Explanation

Total Assets is connected with ROA %.

Rajnandini Metal's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	154.4	/	( (1782.5	+	0)	/ 1 )
	=	154.4	/	1782.5
	=	8.66 %

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

Rajnandini Metal's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	2976.7	/	( (1782.5	+	0)	/ 1 )
=	2976.7	/	1782.5
=	1.67

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.

Rajnandini Metal Total Assets Related Terms

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Rajnandini Metal (NSE:RAJMET) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Rajnandini Metal Ltd (NSE:RAJMET) » Definitions » Total Assets

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Traded in Other Exchanges

N/A

Address

Plot No. 344, Sector - 3, Phase - II, IMT Bawal, Rewari, Bawal, HR, IND, 123501

Website

https://www.rajnandinimetal.com

Rajnandini Metal Ltd is an India-based company mainly y engaged in the business of manufacturing, trading or otherwise deal in high-grade Copper Continuous Casting Rods and copper wires. Its Products offeres Copper Rod Annealed Bare Copper Wire, Fine Copper Wire, Bunched Copper Wire, and Submersible Wires & Flat Cables.

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