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Rex Pipes and Cables Industries (NSE:REXPIPES) Total Assets : ₹736 Mil (As of Sep. 2023)


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What is Rex Pipes and Cables Industries Total Assets?

Rex Pipes and Cables Industries's Total Assets for the quarter that ended in Sep. 2023 was ₹736 Mil.

During the past 12 months, Rex Pipes and Cables Industries's average Total Assets Growth Rate was 32.00% per year. During the past 3 years, the average Total Assets Growth Rate was 19.10% per year. During the past 5 years, the average Total Assets Growth Rate was 15.80% per year.

During the past 6 years, Rex Pipes and Cables Industries's highest 3-Year average Total Assets Growth Rate was 19.10%. The lowest was 12.20%. And the median was 14.60%.

Total Assets is connected with ROA %. Rex Pipes and Cables Industries's annualized ROA % for the quarter that ended in Sep. 2023 was 7.38%. Total Assets is also linked to Revenue through Asset Turnover. Rex Pipes and Cables Industries's Asset Turnover for the quarter that ended in Sep. 2023 was 0.88.


Rex Pipes and Cables Industries Total Assets Historical Data

The historical data trend for Rex Pipes and Cables Industries'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.

Rex Pipes and Cables Industries Total Assets Chart

Rex Pipes and Cables Industries Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Total Assets
Get a 7-Day Free Trial 327.09 338.28 374.95 515.80 578.52

Rex Pipes and Cables Industries Semi-Annual Data
Mar18 Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Total Assets Get a 7-Day Free Trial Premium Member Only 425.30 515.80 531.08 578.52 735.95

Rex Pipes and Cables Industries 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.

Rex Pipes and Cables Industries'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 )
=229.563+348.957
=579

Rex Pipes and Cables Industries's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets=Total Equity (Q: Sep. 2023 )+Total Liabilities (Q: Sep. 2023 )
=290.835+445.116
=736

* 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.


Rex Pipes and Cables Industries  (NSE:REXPIPES) Total Assets Explanation

Total Assets is connected with ROA %.

Rex Pipes and Cables Industries's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %=Net Income (Q: Sep. 2023 )/( (Total Assets (Q: Mar. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=48.508/( (578.52+735.951)/ 2 )
=48.508/657.2355
=7.38 %

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

Rex Pipes and Cables Industries's Asset Turnover for the quarter that ended in Sep. 2023 is

Asset Turnover
=Revenue (Q: Sep. 2023 )/( (Total Assets (Q: Mar. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=575.216/( (578.52+735.951)/ 2 )
=575.216/657.2355
=0.88

* 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.

Rex Pipes and Cables Industries Total Assets Related Terms

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Rex Pipes and Cables Industries (NSE:REXPIPES) Business Description

Traded in Other Exchanges
N/A
Address
F-69A, RIICO Industrial Area, Sikar, RJ, IND, 332 001
Rex Pipes and Cables Industries Ltd is engaged in the trading and manufacturing of PVC pipes, HDPE pipes, cables, and fittings under the Rex brand name. It offers a wide range of products including three-core flat cables, PVC & HDPE pipes, single-core flexible home wire, HDPE and sprinklers, and cables that are used by different industries such as agriculture, power, construction, and engineering.

Rex Pipes and Cables Industries (NSE:REXPIPES) Headlines

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