Srivari Spices and Foods (NSE:SSFL) Total Assets : ₹256.8 Mil (As of Mar. 2023)

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What is Srivari Spices and Foods Total Assets?

Srivari Spices and Foods's Total Assets for the quarter that ended in Mar. 2023 was ₹256.8 Mil.

During the past 12 months, Srivari Spices and Foods's average Total Assets Growth Rate was 141.50% per year.

Total Assets is connected with ROA %. Srivari Spices and Foods's annualized ROA % for the quarter that ended in Mar. 2023 was 17.20%. Total Assets is also linked to Revenue through Asset Turnover. Srivari Spices and Foods's Asset Turnover for the quarter that ended in Mar. 2023 was 1.97.

Srivari Spices and Foods Total Assets Historical Data

The historical data trend for Srivari Spices and Foods'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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Srivari Spices and Foods Total Assets Chart

Srivari Spices and Foods Annual Data

Trend

Mar21

Mar22

Mar23

Total Assets

62.74

106.76

256.81

Srivari Spices and Foods Semi-Annual Data
	Mar21	Mar22	Mar23
Total Assets	62.74	106.76	256.81

Srivari Spices and Foods 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.

Srivari Spices and Foods'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 )
	=	91.002	+	165.811
	=	256.8

Srivari Spices and Foods's Total Assets for the quarter that ended in Mar. 2023 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2023 )	+	Total Liabilities (Q: Mar. 2023 )
	=	91.002	+	165.811
	=	256.8

Srivari Spices and Foods (NSE:SSFL) Total Assets Explanation

Total Assets is connected with ROA %.

Srivari Spices and Foods's annualized ROA % for the quarter that ended in Mar. 2023 is

ROA %	=	Net Income (Q: Mar. 2023 )	/	( (Total Assets (Q: Mar. 2022 )	+	Total Assets (Q: Mar. 2023 ))	/ count )
	=	31.261	/	( (106.762	+	256.813)	/ 2 )
	=	31.261	/	181.7875
	=	17.20 %

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.

Srivari Spices and Foods's Asset Turnover for the quarter that ended in Mar. 2023 is

	Asset Turnover
=	Revenue (Q: Mar. 2023 )	/	( (Total Assets (Q: Mar. 2022 )	+	Total Assets (Q: Mar. 2023 ))	/ count )
=	358.129	/	( (106.762	+	256.813)	/ 2 )
=	358.129	/	181.7875
=	1.97

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.

Srivari Spices and Foods Total Assets Related Terms

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Srivari Spices and Foods (NSE:SSFL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Srivari Spices and Foods Ltd (NSE:SSFL) » Definitions » Total Assets

Traded in Other Exchanges

N/A

Address

207, Second Floor, RDB Blue Hope, 4-1-878, 876, 877 and 877/1, Abids, Hyderabad, TG, IND, 500001

Website

https://www.srivarispices.com

Srivari Spices and Foods Ltd is engaged in the business of manufacturing spices and flour (chakki atta) and marketing and selling them in and around Telangana and Andhra Pradesh. The company handpicks its raw materials from various parts of the country and processes its products with utmost care without the use of artificial preservatives or chemicals, thereby creating a product portfolio of organic spices and flour, which carry the freshness and goodness of each ingredient.

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