VIP Clothing (NSE:VIPCLOTHNG) Total Assets : ₹3,040 Mil (As of Sep. 2024)

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What is VIP Clothing Total Assets?

VIP Clothing's Total Assets for the quarter that ended in Sep. 2024 was ₹3,040 Mil.

During the past 12 months, VIP Clothing's average Total Assets Growth Rate was -2.30% per year. During the past 3 years, the average Total Assets Growth Rate was 0.50% per year. During the past 5 years, the average Total Assets Growth Rate was -1.30% per year. During the past 10 years, the average Total Assets Growth Rate was -0.60% per year.

During the past 13 years, VIP Clothing's highest 3-Year average Total Assets Growth Rate was 12.50%. The lowest was -7.40%. And the median was 0.50%.

Total Assets is connected with ROA %. VIP Clothing's annualized ROA % for the quarter that ended in Sep. 2024 was 1.06%. Total Assets is also linked to Revenue through Asset Turnover. VIP Clothing's Asset Turnover for the quarter that ended in Sep. 2024 was 0.19.

VIP Clothing Total Assets Historical Data

The historical data trend for VIP Clothing'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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VIP Clothing Total Assets Chart

VIP Clothing Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Assets

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2,723.08

2,701.45

2,847.55

2,857.82

2,705.51

VIP Clothing Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Assets	Get a 7-Day Free Trial															2,878.33	-	2,705.51	-	3,039.55

VIP Clothing 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.

VIP Clothing'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 )
	=	1383.253	+	1322.254
	=	2,706

VIP Clothing's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2024 )	+	Total Liabilities (Q: Sep. 2024 )
	=	1722.486	+	1317.068
	=	3,040

VIP Clothing (NSE:VIPCLOTHNG) Total Assets Explanation

Total Assets is connected with ROA %.

VIP Clothing's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %	=	Net Income (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
	=	32.3	/	( (0	+	3039.554)	/ 1 )
	=	32.3	/	3039.554
	=	1.06 %

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

VIP Clothing's Asset Turnover for the quarter that ended in Sep. 2024 is

	Asset Turnover
=	Revenue (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
=	592.307	/	( (0	+	3039.554)	/ 1 )
=	592.307	/	3039.554
=	0.19

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.

VIP Clothing Total Assets Related Terms

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VIP Clothing Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » VIP Clothing Ltd (NSE:VIPCLOTHNG) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

532613:India

Address

C-6, Road No. 22, MIDC, Andheri (East), Mumbai, MH, IND, 400 093

Website

http://www.vipclothing.in

VIP Clothing Ltd is an Indian company which is active in manufacturing innerwear and socks under the brand VIP Inners, Frenchie, Frenchie X, VIP Leader, and VIP Feelings and all of their sub-brands for men and women. The company has one operating segment, namely Hosiery and others. Geographically the company generates the majority of their revenue within India.

VIP Clothing Headlines

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