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Sona Machinery (NSE:SONAMAC) Total Assets : ₹858.1 Mil (As of Mar. 2024)


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What is Sona Machinery Total Assets?

Sona Machinery's Total Assets for the quarter that ended in Mar. 2024 was ₹858.1 Mil.

During the past 12 months, Sona Machinery's average Total Assets Growth Rate was 79.70% per year. During the past 3 years, the average Total Assets Growth Rate was 79.70% per year.

During the past 4 years, Sona Machinery's highest 3-Year average Total Assets Growth Rate was 79.70%. The lowest was 79.70%. And the median was 79.70%.

Total Assets is connected with ROA %. Sona Machinery's annualized ROA % for the quarter that ended in Mar. 2024 was 18.33%. Total Assets is also linked to Revenue through Asset Turnover. Sona Machinery's Asset Turnover for the quarter that ended in Mar. 2024 was 1.67.

Sona Machinery Total Assets Historical Data

The historical data trend for Sona Machinery'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.

Sona Machinery Total Assets Chart

Sona Machinery Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Total Assets
73.22 151.66 284.22 858.15

Sona Machinery Semi-Annual Data
Mar21 Mar22 Mar23 Mar24
Total Assets 73.22 151.66 284.22 858.15

Sona Machinery 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.

Sona Machinery'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 )
=654.45+203.698
=858.1

Sona Machinery's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets=Total Equity (Q: Mar. 2024 )+Total Liabilities (Q: Mar. 2024 )
=654.45+203.698
=858.1

* 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.

Sona Machinery  (NSE:SONAMAC) Total Assets Explanation

Total Assets is connected with ROA %.

Sona Machinery's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Mar. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=104.676/( (284.222+858.148)/ 2 )
=104.676/571.185
=18.33 %

Note: The Net Income data used here is one times the annual (Mar. 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.

Sona Machinery's Asset Turnover for the quarter that ended in Mar. 2024 is

Asset Turnover
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Mar. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=952.971/( (284.222+858.148)/ 2 )
=952.971/571.185
=1.67

* 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.

Sona Machinery Total Assets Related Terms

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Sona Machinery Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Sona Machinery Ltd (NSE:SONAMAC) » Definitions » Total Assets
Comparable Companies
BOM:531888 NSE:LATTEYS BOM:522183 BOM:505302 BOM:544177 NSE:RAPPID BOM:543236 NSE:UHTL BOM:505216 BOM:504908 XTER:SIE XPAR:SU ETN GEV PH OSTO:ATCO A ITW TSE:7011 XTER:ENR EMR
Traded in Other Exchanges
N/A
Address
Plot F-16 & C-1, Sector: A-3 Tronica City, Industrial Area, Loni, Ghaziabad, UP, IND, 201102
Website
https://www.sonamachinery.com
Sona Machinery Ltd is a diversified agro-processing equipment manufacturer company. It manufactures equipment for the processing of rice, pulses, wheat, spices, Barnyard Millet, etc. The company product portfolio includes Grains Pre Cleaner machines, Rotary Drum Cleaner, Vibro Classifiers, Stone Separator Machines, Paddy De-Husker, Husk Aspirator, Rice Thick/Thin Grader, Rice Whitener, Silky Polisher, Multi Grader, Length Grader, Belt Conveyer, Bucket Elevator, etc. along with the complete projects for rice mills and ethanol distilleries. Its services encompass engineering, erection, supervision, and machine commissioning, delivering a comprehensive end-to-end solution for the milling section which includes grain unloading and milling solution upto pre-masher for ethanol distilleries, etc.

Sona Machinery Headlines

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