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Sigma Solve (NSE:SIGMA) Total Assets : ₹746.2 Mil (As of Sep. 2023)


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What is Sigma Solve Total Assets?

Sigma Solve's Total Assets for the quarter that ended in Sep. 2023 was ₹746.2 Mil.

Warning Sign:

If a company builds assets at 126.2% a year, faster than its revenue growth rate of 64.7% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Sigma Solve's average Total Assets Growth Rate was 19.80% per year. During the past 3 years, the average Total Assets Growth Rate was 101.40% per year. During the past 5 years, the average Total Assets Growth Rate was 126.20% per year.

During the past 6 years, Sigma Solve's highest 3-Year average Total Assets Growth Rate was 159.70%. The lowest was 101.40%. And the median was 106.80%.

Total Assets is connected with ROA %. Sigma Solve's annualized ROA % for the quarter that ended in Sep. 2023 was 18.10%. Total Assets is also linked to Revenue through Asset Turnover. Sigma Solve's Asset Turnover for the quarter that ended in Sep. 2023 was 0.47.


Sigma Solve Total Assets Historical Data

The historical data trend for Sigma Solve'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.

Sigma Solve Total Assets Chart

Sigma Solve Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Total Assets
Get a 7-Day Free Trial 22.63 135.73 216.35 366.01 631.20

Sigma Solve Semi-Annual Data
Mar18 Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only 319.34 366.01 481.27 631.20 746.19

Sigma Solve 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.

Sigma Solve'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 )
=517.409+113.792
=631.2

Sigma Solve'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 )
=617.873+128.316
=746.2

* 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.


Sigma Solve  (NSE:SIGMA) Total Assets Explanation

Total Assets is connected with ROA %.

Sigma Solve'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 )
=124.642/( (631.201+746.189)/ 2 )
=124.642/688.695
=18.10 %

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.

Sigma Solve'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 )
=325.945/( (631.201+746.189)/ 2 )
=325.945/688.695
=0.47

* 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.

Sigma Solve Total Assets Related Terms

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Sigma Solve (NSE:SIGMA) Business Description

Traded in Other Exchanges
Address
Sindhu Bhavan Road, S G Highway, Alpha Megacone House, Opposite Armieda, 305-308, 3rd Floor, Ahmedabad, GJ, IND, 380054
Sigma Solve Ltd is involved in providing enterprise software solutions. The company provides services related to Web and E-commerce development, Real-time application development, Business Intelligence Analytics, CRM development, Digital marketing, UI and UX design, Automation testing and Quality assurance. The firm generates revenue is from the export of services.

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