Nalin Lease Finance (BOM:531212) Total Assets : ₹372.40 Mil (As of Mar. 2024)

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What is Nalin Lease Finance Total Assets?

Nalin Lease Finance's Total Assets for the quarter that ended in Mar. 2024 was ₹372.40 Mil.

Warning Sign:

If a company builds assets at 9.5% a year, faster than its revenue growth rate of 6% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Nalin Lease Finance's average Total Assets Growth Rate was 25.60% per year. During the past 3 years, the average Total Assets Growth Rate was 18.00% per year. During the past 5 years, the average Total Assets Growth Rate was 9.50% per year. During the past 10 years, the average Total Assets Growth Rate was 17.00% per year.

During the past 13 years, Nalin Lease Finance's highest 3-Year average Total Assets Growth Rate was 43.10%. The lowest was -5.70%. And the median was 3.20%.

Total Assets is connected with ROA %. Nalin Lease Finance's annualized ROA % for the quarter that ended in Mar. 2024 was 10.33%. Total Assets is also linked to Revenue through Asset Turnover. Nalin Lease Finance's Asset Turnover for the quarter that ended in Mar. 2024 was 0.04.

Nalin Lease Finance Total Assets Historical Data

The historical data trend for Nalin Lease Finance'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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Nalin Lease Finance Total Assets Chart

Nalin Lease Finance Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Assets

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251.16

235.14

260.95

303.23

372.40

Nalin Lease Finance 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															303.23	-	346.72	-	372.40

Nalin Lease Finance 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.

Nalin Lease Finance'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 )
	=	315.334	+	57.066
	=	372.40

Nalin Lease Finance'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 )
	=	315.334	+	57.066
	=	372.40

Nalin Lease Finance (BOM:531212) Total Assets Explanation

Total Assets is connected with ROA %.

Nalin Lease Finance'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 )
	=	38.46	/	( (0	+	372.4)	/ 1 )
	=	38.46	/	372.4
	=	10.33 %

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.

Nalin Lease Finance'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 )
=	14.247	/	( (0	+	372.4)	/ 1 )
=	14.247	/	372.4
=	0.04

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.

Nalin Lease Finance Total Assets Related Terms

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Nalin Lease Finance (BOM:531212) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Nalin Lease Finance Ltd (BOM:531212) » Definitions » Total Assets

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Address

Dr. Nalinkant Gandhi Road, Ground Floor, Gandhi Nursing Home Building, Sabarkantha, Himatnagar, GJ, IND, 383001

Website

https://www.nalinfin.co.in

Nalin Lease Finance Ltd is engaged in providing a wide range of fund-based services including vehicle loans, business loans and many more. It is also engaged in the gold loan business offering loans against gold ornaments. It is engaged primarily in the business of "Financing".

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