Indergiri Finance (BOM:531505) Total Assets : ₹83.62 Mil (As of Mar. 2024)

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What is Indergiri Finance Total Assets?

Indergiri Finance's Total Assets for the quarter that ended in Mar. 2024 was ₹83.62 Mil.

During the past 12 months, Indergiri Finance's average Total Assets Growth Rate was 77.00% per year. During the past 3 years, the average Total Assets Growth Rate was 21.40% per year. During the past 5 years, the average Total Assets Growth Rate was 4.40% per year. During the past 10 years, the average Total Assets Growth Rate was 1.40% per year.

During the past 13 years, Indergiri Finance's highest 3-Year average Total Assets Growth Rate was 21.40%. The lowest was -8.70%. And the median was -0.10%.

Total Assets is connected with ROA %. Indergiri Finance's annualized ROA % for the quarter that ended in Mar. 2024 was 3.43%. Total Assets is also linked to Revenue through Asset Turnover. Indergiri Finance's Asset Turnover for the quarter that ended in Mar. 2024 was 0.04.

Indergiri Finance Total Assets Historical Data

The historical data trend for Indergiri 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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Indergiri Finance Total Assets Chart

Indergiri Finance Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Assets

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52.54

52.07

50.55

52.54

83.62

Indergiri Finance Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															-	52.54	52.69	74.27	83.62

Indergiri 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.

Indergiri 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 )
	=	43.291	+	40.333
	=	83.62

Indergiri 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 )
	=	43.291	+	40.333
	=	83.62

Indergiri Finance (BOM:531505) Total Assets Explanation

Total Assets is connected with ROA %.

Indergiri 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 )
	=	2.708	/	( (74.274	+	83.624)	/ 2 )
	=	2.708	/	78.949
	=	3.43 %

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.

Indergiri 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 )
=	3.084	/	( (74.274	+	83.624)	/ 2 )
=	3.084	/	78.949
=	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.

Indergiri Finance Total Assets Related Terms

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Indergiri Finance (BOM:531505) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Indergiri Finance Ltd (BOM:531505) » Definitions » Total Assets

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Address

Andheri Kurla Road, Unit No. 806, B Wing 8th Floor, Kanakia Wall Street, Chakala, Andheri East, Mumbai, MH, IND, 400093

Website

https://www.indergiri.com

Indergiri Finance Ltd is a non-banking finance company (NBFC). It is engaged in fund base business activities of leasing, hire purchase, lending, and investment besides non-fund based business activities like merchant banking, syndication, and arrangement of finance etc. The company operates mainly in the business segment of fund based financing activity. All activities of the business are carried out within India.

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