Tata Elxsi's Total Assets for the quarter that ended in Mar. 2024 was ₹31,870 Mil.
Warning Sign:
If a company builds assets at 25% a year, faster than its revenue growth rate of 19.8% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Tata Elxsi's average Total Assets Growth Rate was 12.30% per year.
During the past 3 years, the average Total Assets Growth Rate was 27.20% per year.
During the past 5 years, the average Total Assets Growth Rate was 25.00% per year.
During the past 10 years, the average Total Assets Growth Rate was 19.00% per year.
During the past 13 years, Tata Elxsi's highest 3-Year average Total Assets Growth Rate was 39.30%. The lowest was 2.60%. And the median was 16.00%.
The historical data trend for Tata Elxsi'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.
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.
Tata Elxsi's Total Assets for the fiscal year that ended in Mar. 2024 is calculated as
* 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.
Tata Elxsi (NSE:TATAELXSI) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (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.
Tata Elxsi's Asset Turnover for the quarter that ended in Mar. 2024 is
* 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.
Tata Elxsi Total Assets Related Terms
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Tata Elxsi Ltd is an India-based provider of design and technology services for the aerospace and defense, automotive, broadcasting and media, communications, consumer products, healthcare, semiconductor, and automotive industries. Its solutions include product engineering, design, Big Data analytics, Internet of Things, content development, artificial intelligence, virtual reality, and systems integration. The firm has operations in India, US, Europe, and Others.
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