TBI Corn (NSE:TBI) Total Assets : ₹1,017.0 Mil (As of Mar. 2024)

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What is TBI Corn Total Assets?

TBI Corn's Total Assets for the quarter that ended in Mar. 2024 was ₹1,017.0 Mil.

During the past 12 months, TBI Corn's average Total Assets Growth Rate was 31.00% per year. During the past 3 years, the average Total Assets Growth Rate was 33.30% per year.

During the past 4 years, TBI Corn's highest 3-Year average Total Assets Growth Rate was 33.30%. The lowest was 33.30%. And the median was 33.30%.

Total Assets is connected with ROA %. TBI Corn's annualized ROA % for the quarter that ended in Mar. 2024 was 9.90%. Total Assets is also linked to Revenue through Asset Turnover. TBI Corn's Asset Turnover for the quarter that ended in Mar. 2024 was 0.58.

TBI Corn Total Assets Historical Data

The historical data trend for TBI Corn'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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TBI Corn Total Assets Chart

TBI Corn Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Total Assets

425.49

431.76

770.20

1,017.02

TBI Corn Quarterly Data
	Mar21	Mar22	Mar23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial			431.76	770.20	996.34	951.15	1,017.02

TBI Corn 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.

TBI Corn'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 )
	=	428.224	+	588.8
	=	1,017.0

TBI Corn'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 )
	=	428.224	+	588.8
	=	1,017.0

TBI Corn (NSE:TBI) Total Assets Explanation

Total Assets is connected with ROA %.

TBI Corn's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	97.46	/	( (951.15	+	1017.024)	/ 2 )
	=	97.46	/	984.087
	=	9.90 %

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.

TBI Corn's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	571.886	/	( (951.15	+	1017.024)	/ 2 )
=	571.886	/	984.087
=	0.58

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.

TBI Corn Total Assets Related Terms

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TBI Corn Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » TBI Corn Ltd (NSE:TBI) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

A5/3 & A5/4, MIDC, Miraj, Taluka - Miraj, District - Sangli, Sangli, MH, IND, 416410

Website

https://www.tbicorn.com

TBI Corn Ltd is a manufacturer in the corn grits industry. It offers a diverse varieties of products, including cleaned and fat-free Corn Grits/Meal, Corn Flakes, Stone-free Broken Maize & Corn Flour, and Turmeric Finger, all manufactured without chemical additives or preservatives and GMO-free. The company products have a presence, including UAE, Bahrain, Qatar, Kuwait, Saudi Arabia, Oman, Yemen, Jordan, Israel, Liberia, Sri Lanka, Malaysia, Brunei, Vietnam, and South Korea, and plans to venture into Europe and the USA. Key revenue is generated from Dubai.