ReNew Energy Global (STU:7JU) Total Assets : €9,767.0 Mil (As of Dec. 2023)

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What is ReNew Energy Global Total Assets?

ReNew Energy Global's Total Assets for the quarter that ended in Dec. 2023 was €9,767.0 Mil.

During the past 12 months, ReNew Energy Global's average Total Assets Growth Rate was 22.10% per year. During the past 3 years, the average Total Assets Growth Rate was 11.70% per year.

During the past 5 years, ReNew Energy Global's highest 3-Year average Total Assets Growth Rate was 11.70%. The lowest was 11.70%. And the median was 11.70%.

Total Assets is connected with ROA %. ReNew Energy Global's annualized ROA % for the quarter that ended in Dec. 2023 was -1.50%. Total Assets is also linked to Revenue through Asset Turnover. ReNew Energy Global's Asset Turnover for the quarter that ended in Dec. 2023 was 0.02.

ReNew Energy Global Total Assets Historical Data

The historical data trend for ReNew Energy Global'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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ReNew Energy Global Total Assets Chart

ReNew Energy Global Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Total Assets

5,821.71

5,676.02

7,643.29

8,475.20

ReNew Energy Global Quarterly Data
	Mar19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial											7,795.30	8,475.20	8,739.41	9,175.47	9,766.95

ReNew Energy Global 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.

ReNew Energy Global'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 )
	=	1344.236	+	7130.968
	=	8,475.2

ReNew Energy Global'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 )
	=	1325.516	+	8441.436
	=	9,767.0

ReNew Energy Global (STU:7JU) Total Assets Explanation

Total Assets is connected with ROA %.

ReNew Energy Global'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 )
	=	-141.692	/	( (9175.471	+	9766.952)	/ 2 )
	=	-141.692	/	9471.2115
	=	-1.50 %

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.

ReNew Energy Global'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 )
=	176.155	/	( (9175.471	+	9766.952)	/ 2 )
=	176.155	/	9471.2115
=	0.02

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.

ReNew Energy Global Total Assets Related Terms

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ReNew Energy Global (STU:7JU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » ReNew Energy Global PLC (STU:7JU) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

RNW:USA 7JU:Germany

Address

C/o Vistra (UK) Ltd., 4th Floor 11-12 St. James’ Square, London, GBR, SW1Y 4LB

Website

https://www.renewpower.in

ReNew Energy Global PLC is a Developer and operator of clean energy projects intended to meet India's growing energy needs in an efficient, sustainable and socially responsible manner. The Company provides end-to-end solutions in a just and inclusive manner in the areas of clean energy, value-added energy offerings through digitalization, storage, and carbon markets that increasingly are integral to addressing climate change.

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