Vinyoflex (BOM:530401) Total Assets : ₹332.1 Mil (As of Mar. 2024)

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What is Vinyoflex Total Assets?

Vinyoflex's Total Assets for the quarter that ended in Mar. 2024 was ₹332.1 Mil.

During the past 12 months, Vinyoflex's average Total Assets Growth Rate was -23.70% per year. During the past 3 years, the average Total Assets Growth Rate was -3.50% per year. During the past 5 years, the average Total Assets Growth Rate was 3.40% per year. During the past 10 years, the average Total Assets Growth Rate was 6.30% per year.

During the past 13 years, Vinyoflex's highest 3-Year average Total Assets Growth Rate was 17.90%. The lowest was -3.60%. And the median was 11.20%.

Total Assets is connected with ROA %. Vinyoflex's annualized ROA % for the quarter that ended in Mar. 2024 was 11.92%. Total Assets is also linked to Revenue through Asset Turnover. Vinyoflex's Asset Turnover for the quarter that ended in Mar. 2024 was 0.35.

Vinyoflex Total Assets Historical Data

The historical data trend for Vinyoflex'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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Vinyoflex Total Assets Chart

Vinyoflex Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Assets

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282.78

299.21

344.68

353.18

332.06

Vinyoflex Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															312.31	353.18	300.48	-	332.06

Vinyoflex 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.

Vinyoflex'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 )
	=	302.235	+	29.827
	=	332.1

Vinyoflex'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 )
	=	302.235	+	29.827
	=	332.1

Vinyoflex (BOM:530401) Total Assets Explanation

Total Assets is connected with ROA %.

Vinyoflex'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 )
	=	39.58	/	( (0	+	332.062)	/ 1 )
	=	39.58	/	332.062
	=	11.92 %

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.

Vinyoflex'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 )
=	117.361	/	( (0	+	332.062)	/ 1 )
=	117.361	/	332.062
=	0.35

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.

Vinyoflex Total Assets Related Terms

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Vinyoflex (BOM:530401) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Vinyoflex Ltd (BOM:530401) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Tagore Road, 307, Silver Chamber, Rajkot, GJ, IND, 360 002

Website

https://www.vinyoflex.com

Vinyoflex Ltd is a manufacturer of polyvinyl chloride (PVC) sheetings. The company's product range includes PVC films and sheets both plain and printed, flexible rigid and semi rigid for application such as rainwear, shower curtains, file cover, table covers, car matt, stationery products, cable wrap tape, insulation tape, vinyl wall cover, blood bag, urine bag, and others.

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