Vinyas Innovative Technologies (NSE:VINYAS) Total Assets : ₹3,087 Mil (As of Mar. 2024)

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What is Vinyas Innovative Technologies Total Assets?

Vinyas Innovative Technologies's Total Assets for the quarter that ended in Mar. 2024 was ₹3,087 Mil.

During the past 12 months, Vinyas Innovative Technologies's average Total Assets Growth Rate was 39.70% per year. During the past 3 years, the average Total Assets Growth Rate was 18.00% per year.

During the past 4 years, Vinyas Innovative Technologies's highest 3-Year average Total Assets Growth Rate was 18.00%. The lowest was 18.00%. And the median was 18.00%.

Total Assets is connected with ROA %. Vinyas Innovative Technologies's annualized ROA % for the quarter that ended in Mar. 2024 was 5.85%. Total Assets is also linked to Revenue through Asset Turnover. Vinyas Innovative Technologies's Asset Turnover for the quarter that ended in Mar. 2024 was 1.21.

Vinyas Innovative Technologies Total Assets Historical Data

The historical data trend for Vinyas Innovative Technologies'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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Vinyas Innovative Technologies Total Assets Chart

Vinyas Innovative Technologies Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Total Assets

1,845.90

2,214.90

2,159.86

3,087.18

Vinyas Innovative Technologies Semi-Annual Data
	Mar21	Mar22	Mar23	Mar24
Total Assets	1,845.90	2,214.90	2,159.86	3,087.18

Vinyas Innovative Technologies 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.

Vinyas Innovative Technologies'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 )
	=	1281.897	+	1805.282
	=	3,087

Vinyas Innovative Technologies'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 )
	=	1281.897	+	1805.282
	=	3,087

Vinyas Innovative Technologies (NSE:VINYAS) Total Assets Explanation

Total Assets is connected with ROA %.

Vinyas Innovative Technologies's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	153.466	/	( (2159.864	+	3087.179)	/ 2 )
	=	153.466	/	2623.5215
	=	5.85 %

Note: The Net Income data used here is one times the annual (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.

Vinyas Innovative Technologies's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	3171.986	/	( (2159.864	+	3087.179)	/ 2 )
=	3171.986	/	2623.5215
=	1.21

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.

Vinyas Innovative Technologies Total Assets Related Terms

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Vinyas Innovative Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Vinyas Innovative Technologies Ltd (NSE:VINYAS) » Definitions » Total Assets

Traded in Other Exchanges

N/A

Address

Plot No. 19, Survey No. 26 & 273-P, 3rd Phase, Koorgalli Industrial Area, Ilawala Hobali, Mysore, KA, IND, 570018

Website

https://www.vinyasit.com

Vinyas Innovative Technologies Ltd is a provider of design, engineering, and electronics manufacturing services catering to Original Equipment Manufacturers and Original Design Manufacturers in the Electronic Industry. As an integrated electronic manufacturing services provider, the Company offers a broad varieties of products and services across multiple industry segments. With wide industry knowledge, cutting-edge technologies & state of the art infrastructure, Vinyas supports its partners from conceptualizing the design, engineering, and manufacturing to turnkey requirements for mission-critical applications.

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