CLC Industries's Total Assets for the quarter that ended in Mar. 2023 was ₹2,030.54 Mil.
During the past 12 months, CLC Industries's average Total Assets Growth Rate was -4.20% per year.
During the past 3 years, the average Total Assets Growth Rate was -7.20% per year.
During the past 5 years, the average Total Assets Growth Rate was -21.70% per year.
During the past 10 years, the average Total Assets Growth Rate was -19.50% per year.
During the past 13 years, CLC Industries's highest 3-Year average Total Assets Growth Rate was 7.30%. The lowest was -30.80%. And the median was -12.85%.
The historical data trend for CLC Industries'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.
CLC Industries's Total Assets for the fiscal year that ended in Mar. 2023 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.
CLC Industries (BOM:521082) Total Assets Explanation
Note:
The Net Income data used here is one times the annual (Mar. 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.
CLC Industries's Asset Turnover for the quarter that ended in Mar. 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.
CLC Industries Total Assets Related Terms
Thank you for viewing the detailed overview of CLC Industries's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
CLC Industries Ltd is a textile company based in India. It manufactures cotton yarn, synthetic yarn cotton, and blended yarn. The products of the company include hosiery yarn, weaving yarn, carpet yarn, sewing thread, flat knitting, and industrial yarn. The business segments of the company are Textile Manufacturing, Textile Trading, and Other Trading. The majority of the revenue is generated from the textile manufacturing segment of the company. The company operates in India and internationally and derives its key revenue from India.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
BOM:521082 has been successfully added to your 