Mangalam Organics's Total Assets for the quarter that ended in Sep. 2023 was ₹5,033 Mil.
Warning Sign:
If a company builds assets at 24.6% a year, faster than its revenue growth rate of 5.5% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Mangalam Organics's average Total Assets Growth Rate was -6.60% per year.
During the past 3 years, the average Total Assets Growth Rate was 18.90% per year.
During the past 5 years, the average Total Assets Growth Rate was 24.60% per year.
During the past 10 years, the average Total Assets Growth Rate was 16.00% per year.
During the past 13 years, Mangalam Organics's highest 3-Year average Total Assets Growth Rate was 43.20%. The lowest was -10.60%. And the median was 18.90%.
The historical data trend for Mangalam Organics'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.
Mangalam Organics'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.
Mangalam Organics (BOM:514418) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Sep. 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.
Mangalam Organics's Asset Turnover for the quarter that ended in Sep. 2023 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.
Mangalam Organics Total Assets Related Terms
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Mangalam Organics (BOM:514418) Business Description
Mangalam Organics Ltd is an India-based company involved in manufacturing chemicals. It is engaged in manufacturing Camphor, Resin, and Sodium Acetate. Its primary segments are Synthetic Resin operations, Terpene operations, and Retail operations. Its production unit is located at Kumbhivali, Maharashtra state, India. The terpene products segment, which generates a vast majority of the revenue, includes Camphor technical, Camphene, Isobornyl acetate, Isoborneol, Dipentene, Camphor oil, Pine tar, Pine oil among others. Its resin products include Penta ester gum, Glycerol ester gum, and Gum rosin among others.
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