Kovalam Investment & Trading Co (BOM:505585) Total Assets : ₹893.95 Mil (As of Mar. 2024)

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What is Kovalam Investment & Trading Co Total Assets?

Kovalam Investment & Trading Co's Total Assets for the quarter that ended in Mar. 2024 was ₹893.95 Mil.

Warning Sign:

If a company builds assets at 42.4% a year, faster than its revenue growth rate of 23.8% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Kovalam Investment & Trading Co's average Total Assets Growth Rate was 896.00% per year. During the past 3 years, the average Total Assets Growth Rate was 110.10% per year. During the past 5 years, the average Total Assets Growth Rate was 42.40% per year.

During the past 9 years, Kovalam Investment & Trading Co's highest 3-Year average Total Assets Growth Rate was 110.10%. The lowest was -31.80%. And the median was -3.70%.

Total Assets is connected with ROA %. Kovalam Investment & Trading Co's annualized ROA % for the quarter that ended in Mar. 2024 was 2.47%. Total Assets is also linked to Revenue through Asset Turnover. Kovalam Investment & Trading Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.01.

Kovalam Investment & Trading Co Total Assets Historical Data

The historical data trend for Kovalam Investment & Trading Co'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.

* Premium members only.

Kovalam Investment & Trading Co Total Assets Chart

Kovalam Investment & Trading Co Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Assets

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212.09

394.46

1,166.59

726.27

893.95

Kovalam Investment & Trading Co 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															726.27	-	1,076.53	-	893.95

Kovalam Investment & Trading Co 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.

Kovalam Investment & Trading Co'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 )
	=	879.08	+	14.867
	=	893.95

Kovalam Investment & Trading Co'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 )
	=	879.08	+	14.867
	=	893.95

Kovalam Investment & Trading Co (BOM:505585) Total Assets Explanation

Total Assets is connected with ROA %.

Kovalam Investment & Trading Co'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 )
	=	22.052	/	( (0	+	893.947)	/ 1 )
	=	22.052	/	893.947
	=	2.47 %

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.

Kovalam Investment & Trading Co'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 )
=	6.839	/	( (0	+	893.947)	/ 1 )
=	6.839	/	893.947
=	0.01

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.

Kovalam Investment & Trading Co Total Assets Related Terms

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Kovalam Investment & Trading Co (BOM:505585) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Kovalam Investment & Trading Co Ltd (BOM:505585) » Definitions » Total Assets

Traded in Other Exchanges

N/A

Address

G. T. Road, Premises Oswal Woollen Mills Ltd, Sherpur, Ludhiana, PB, IND, 141003

Website

http://www.owmnahar.com

Kovalam Investment & Trading Co Ltd is an India based investment company. The main business activity of the company is to invest in shares, debentures, stock, bonds, and securities. The company has two segments, namely, Investment and finance, and Brokerage Services. The company is also involved in lending activities.

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