VRL Logistics's Total Assets for the quarter that ended in Mar. 2024 was ₹22,140 Mil.
Warning Sign:
If a company builds assets at 17.1% a year, faster than its revenue growth rate of 8.1% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, VRL Logistics's average Total Assets Growth Rate was 17.00% per year.
During the past 3 years, the average Total Assets Growth Rate was 22.70% per year.
During the past 5 years, the average Total Assets Growth Rate was 17.10% per year.
During the past 10 years, the average Total Assets Growth Rate was 8.50% per year.
During the past 13 years, VRL Logistics's highest 3-Year average Total Assets Growth Rate was 22.70%. The lowest was -3.20%. And the median was 10.50%.
The historical data trend for VRL Logistics'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.
VRL Logistics'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.
VRL Logistics (NSE:VRLLOG) 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.
VRL Logistics'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.
VRL Logistics Total Assets Related Terms
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VRL Logistics Ltd is engaged in the business of logistics services dealing mainly with goods and passenger transportation. The company operates through four segments namely, Goods transport, Bus operations, Sale of power and Transport of passengers by air. Its Goods transport segment, which generates key revenue for the company, uses a range of road transportation solutions for the customers, including less than full truckload and full truckload. It also does courier business for the transportation of small parcels and documents using a range of multi-model solutions. The Bus operations division offers services of transportation solutions through Buses. Geographically the group derives prime revenue from India.
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