Goodricke Group (BOM:500166) Total Assets : ₹6,482 Mil (As of Mar. 2024)

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What is Goodricke Group Total Assets?

Goodricke Group's Total Assets for the quarter that ended in Mar. 2024 was ₹6,482 Mil.

During the past 12 months, Goodricke Group's average Total Assets Growth Rate was -1.40% per year. During the past 3 years, the average Total Assets Growth Rate was -1.60% per year. During the past 5 years, the average Total Assets Growth Rate was 1.20% per year.

During the past 13 years, Goodricke Group's highest 3-Year average Total Assets Growth Rate was 20.90%. The lowest was -1.60%. And the median was 9.00%.

Total Assets is connected with ROA %. Goodricke Group's annualized ROA % for the quarter that ended in Mar. 2024 was -46.80%. Total Assets is also linked to Revenue through Asset Turnover. Goodricke Group's Asset Turnover for the quarter that ended in Mar. 2024 was 0.20.

Goodricke Group Total Assets Historical Data

The historical data trend for Goodricke Group'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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Goodricke Group Total Assets Chart

Goodricke Group Annual Data

Trend

Dec14

Dec15

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Assets

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6,202.20

6,630.63

6,361.81

6,392.20

6,481.50

Goodricke Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															6,392.20	-	7,661.30	-	6,481.50

Goodricke Group 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.

Goodricke Group'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 )
	=	2412.4	+	4069.1
	=	6,482

Goodricke Group'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 )
	=	2412.4	+	4069.1
	=	6,482

Goodricke Group (BOM:500166) Total Assets Explanation

Total Assets is connected with ROA %.

Goodricke Group's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	-3033.2	/	( (0	+	6481.5)	/ 1 )
	=	-3033.2	/	6481.5
	=	-46.80 %

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.

Goodricke Group's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	1302.5	/	( (0	+	6481.5)	/ 1 )
=	1302.5	/	6481.5
=	0.20

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.

Goodricke Group Total Assets Related Terms

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Goodricke Group (BOM:500166) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Goodricke Group Ltd (BOM:500166) » Definitions » Total Assets

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Traded in Other Exchanges

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Address

14 Gurusaday Road, Camellia House, Kolkata, WB, IND, 700 019

Website

http://www.goodricke.com

Goodricke Group Ltd is an Indian company engaged in the cultivating, manufacturing, and sale of tea in various forms. It operates in two segments: Export and Domestic. Its products include bulk teas and instant teas. It also owns tea gardens, which are located in Darjeeling, Assam, and Dooars. The firm generates majority revenue within India.

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