If a company builds assets at 39.2% a year, faster than its revenue growth rate of 14.7% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Dr Agarwal'S Eye Hospital's average Total Assets Growth Rate was 26.90% per year.
During the past 3 years, the average Total Assets Growth Rate was 51.00% per year.
During the past 5 years, the average Total Assets Growth Rate was 39.20% per year.
During the past 10 years, the average Total Assets Growth Rate was 22.70% per year.
During the past 13 years, Dr Agarwal'S Eye Hospital's highest 3-Year average Total Assets Growth Rate was 51.00%. The lowest was 2.50%. And the median was 8.90%.
* 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.
Dr Agarwal'S Eye Hospital 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.
Dr Agarwal'S Eye Hospital'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.
Dr Agarwal'S Eye Hospital (BOM:526783) Total Assets Explanation
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.
Dr Agarwal'S Eye Hospital's Asset Turnover for the quarter that ended in Mar. 2024 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.
Dr Agarwal'S Eye Hospital Total Assets Related Terms
Thank you for viewing the detailed overview of Dr Agarwal'S Eye Hospital's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Dr Agarwal'S Eye Hospital (BOM:526783) Business Description
Dr Agarwal'S Eye Hospital Ltd is a provider of eye care and related services. The company's specialty services include Cataract, Glaucoma, Laser Correction, Cornea and Refractive, Retina, Squint, Paediatric Ophthalmology, Neuro-Ophthalmology, Uvea, and Orbit and Oculoplasty. The firm generates its revenue from the sale of Opticals, Pharmaceutical Products, Contact Lens and Accessories, and others.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
BOM:526783 has been successfully added to your 