TGB Banquets & Hotels (NSE:TGBHOTELS) Total Assets : ₹0.0 Mil (As of Dec. 2023)

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What is TGB Banquets & Hotels Total Assets?

TGB Banquets & Hotels's Total Assets for the quarter that ended in Dec. 2023 was ₹0.0 Mil.

During the past 12 months, TGB Banquets & Hotels's average Total Assets Growth Rate was -2.80% per year. During the past 3 years, the average Total Assets Growth Rate was -8.50% per year. During the past 5 years, the average Total Assets Growth Rate was -10.70% per year. During the past 10 years, the average Total Assets Growth Rate was -11.30% per year.

During the past 13 years, TGB Banquets & Hotels's highest 3-Year average Total Assets Growth Rate was 75.20%. The lowest was -22.70%. And the median was 1.40%.

Total Assets is connected with ROA %. TGB Banquets & Hotels's annualized ROA % for the quarter that ended in Dec. 2023 was 2.05%. Total Assets is also linked to Revenue through Asset Turnover. TGB Banquets & Hotels's Asset Turnover for the quarter that ended in Dec. 2023 was 0.08.

TGB Banquets & Hotels Total Assets Historical Data

The historical data trend for TGB Banquets & Hotels'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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TGB Banquets & Hotels Total Assets Chart

TGB Banquets & Hotels Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Assets

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1,778.39

1,647.65

1,636.10

1,340.98

1,255.57

TGB Banquets & Hotels Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial															-	1,255.57	-	1,283.55	-

TGB Banquets & Hotels 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.

TGB Banquets & Hotels'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 )
	=	775.869	+	479.696
	=	1,255.6

TGB Banquets & Hotels's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	N/A	+	N/A
	=	N/A

TGB Banquets & Hotels (NSE:TGBHOTELS) Total Assets Explanation

Total Assets is connected with ROA %.

TGB Banquets & Hotels's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	26.344	/	( (1283.545	+	0)	/ 1 )
	=	26.344	/	1283.545
	=	2.05 %

Note: The Net Income data used here is four times the quarterly (Dec. 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.

TGB Banquets & Hotels's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	107.816	/	( (1283.545	+	0)	/ 1 )
=	107.816	/	1283.545
=	0.08

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.

TGB Banquets & Hotels Total Assets Related Terms

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TGB Banquets & Hotels (NSE:TGBHOTELS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » TGB Banquets & Hotels Ltd (NSE:TGBHOTELS) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

532845:India

Address

S.G. Road, The Grand Bhagwati, Plot no. 380, Bodakdev, Ahmedabad, GJ, IND, 380054

Website

https://www.thegrandbhagwati.com

TGB Banquets & Hotels Ltd is an Indian company engaged in the lodging business sector. The firm operates hotels, restaurants, and banquets. It operates under the brand name The Grand Bhagwati, also known as TGB in India. Other activities of the company include the provision of catering services. It derives revenue from rooms, food and beverages, and allied services relating to hotel operations.

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