Swastik Pipe (NSE:SWASTIK) Total Assets : ₹3,958 Mil (As of Mar. 2023)

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What is Swastik Pipe Total Assets?

Swastik Pipe's Total Assets for the quarter that ended in Mar. 2023 was ₹3,958 Mil.

During the past 12 months, Swastik Pipe's average Total Assets Growth Rate was 14.10% per year. During the past 3 years, the average Total Assets Growth Rate was 5.00% per year.

During the past 4 years, Swastik Pipe's highest 3-Year average Total Assets Growth Rate was 5.00%. The lowest was 5.00%. And the median was 5.00%.

Total Assets is connected with ROA %. Swastik Pipe's annualized ROA % for the quarter that ended in Mar. 2023 was 2.46%. Total Assets is also linked to Revenue through Asset Turnover. Swastik Pipe's Asset Turnover for the quarter that ended in Mar. 2023 was 1.91.

Swastik Pipe Total Assets Historical Data

The historical data trend for Swastik Pipe'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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Swastik Pipe Total Assets Chart

Swastik Pipe Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Total Assets

3,365.08

3,362.59

3,412.72

3,957.98

Swastik Pipe Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23
Total Assets	3,365.08	3,362.59	3,412.72	3,957.98

Swastik Pipe 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.

Swastik Pipe'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 )
	=	2083.235	+	1874.74
	=	3,958

Swastik Pipe'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 )
	=	2083.235	+	1874.74
	=	3,958

Swastik Pipe (NSE:SWASTIK) Total Assets Explanation

Total Assets is connected with ROA %.

Swastik Pipe'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 )
	=	90.631	/	( (3412.72	+	3957.975)	/ 2 )
	=	90.631	/	3685.3475
	=	2.46 %

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.

Swastik Pipe'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 )
=	7035.883	/	( (3412.72	+	3957.975)	/ 2 )
=	7035.883	/	3685.3475
=	1.91

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.

Swastik Pipe Total Assets Related Terms

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Swastik Pipe (NSE:SWASTIK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Swastik Pipe Ltd (NSE:SWASTIK) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

2, Arihant Nagar, Punjabi Bagh (West), New Delhi, IND, 110026

Website

https://www.swastikpipes.com

Swastik Pipe Ltd is the manufacturer and exporter of Mild Steel/Carbon Steel ERW Black and Galvanized Pipes, Hallow Steel Pipe, API Pipe, Stainless Steel Tubes, Cold Rolled Steel (CR) Strips/ Coils, Swaged Type Tubular Poles, and Solar Structure.

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