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Rhetan TMT (BOM:543590) Total Assets : ₹1,141.2 Mil (As of Mar. 2024)


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What is Rhetan TMT Total Assets?

Rhetan TMT's Total Assets for the quarter that ended in Mar. 2024 was ₹1,141.2 Mil.

During the past 12 months, Rhetan TMT's average Total Assets Growth Rate was 0.60% per year. During the past 3 years, the average Total Assets Growth Rate was 42.50% per year.

During the past 5 years, Rhetan TMT's highest 3-Year average Total Assets Growth Rate was 55.70%. The lowest was 42.50%. And the median was 49.10%.

Total Assets is connected with ROA %. Rhetan TMT's annualized ROA % for the quarter that ended in Mar. 2024 was 4.19%. Total Assets is also linked to Revenue through Asset Turnover. Rhetan TMT's Asset Turnover for the quarter that ended in Mar. 2024 was 0.26.

Rhetan TMT Total Assets Historical Data

The historical data trend for Rhetan TMT'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.

* Premium members only.

Rhetan TMT Total Assets Chart

Rhetan TMT Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Total Assets
298.87 392.25 590.05 1,125.02 1,141.24

Rhetan TMT Semi-Annual Data
Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Total Assets Get a 7-Day Free Trial 590.05 1,173.34 1,125.02 1,168.99 1,141.24

Rhetan TMT 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.

Rhetan TMT'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 )
=890.35+250.894
=1,141.2

Rhetan TMT'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 )
=890.35+250.894
=1,141.2

* 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.

Rhetan TMT  (BOM:543590) Total Assets Explanation

Total Assets is connected with ROA %.

Rhetan TMT's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=48.42/( (1168.986+1141.244)/ 2 )
=48.42/1155.115
=4.19 %

Note: The Net Income data used here is two times the semi-annual (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.

Rhetan TMT's Asset Turnover for the quarter that ended in Mar. 2024 is

Asset Turnover
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=300.053/( (1168.986+1141.244)/ 2 )
=300.053/1155.115
=0.26

* 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.

Rhetan TMT Total Assets Related Terms

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Rhetan TMT (BOM:543590) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Rhetan TMT Ltd (BOM:543590) » Definitions » Total Assets
Comparable Companies
BOM:532650 BOM:543978 BOM:532741 BOM:541701 BOM:542669 NSE:SHIVAUM BOM:533270 BOM:504605 BOM:543747 NSE:SHYAMCENT NUE XKRX:005490 BOM:500228 TSE:5401 SHSE:600019 XAMS:MT STLD NSE:TATASTEEL RS MIC:CHMF
Traded in Other Exchanges
N/A
Address
Rasala Marg, Mithakhali Six Roads, 7th Floor, Ashoka Chambers, Ahmedabad, GJ, IND, 380006
Website
http://www.rhetan.com
Rhetan TMT Ltd manufactures TMT Bars and Round Bars which are used in the construction industry. The products are used in the construction of dams, bridges, residential and commercial towers, and the majority of infrastructure projects in Gujarat.

Rhetan TMT (BOM:543590) Headlines

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