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NMDC Steel (BOM:543768) Total Assets : ₹293,683 Mil (As of Mar. 2024)


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What is NMDC Steel Total Assets?

NMDC Steel's Total Assets for the quarter that ended in Mar. 2024 was ₹293,683 Mil.

During the past 12 months, NMDC Steel's average Total Assets Growth Rate was 14.70% per year.

During the past 7 years, NMDC Steel's highest 3-Year average Total Assets Growth Rate was 58867.20%. The lowest was 58867.20%. And the median was 58867.20%.

Total Assets is connected with ROA %. NMDC Steel's annualized ROA % for the quarter that ended in Mar. 2024 was -10.04%. Total Assets is also linked to Revenue through Asset Turnover. NMDC Steel's Asset Turnover for the quarter that ended in Mar. 2024 was 0.10.

NMDC Steel Total Assets Historical Data

The historical data trend for NMDC Steel'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.

NMDC Steel Total Assets Chart

NMDC Steel Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Total Assets
Get a 7-Day Free Trial 0.12 0.04 205,045.00 255,682.10 293,683.20

NMDC Steel Semi-Annual Data
Mar18 Mar19 Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24
Total Assets Get a 7-Day Free Trial Premium Member Only 205,045.00 - 255,682.10 275,524.90 293,683.20

NMDC Steel 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.

NMDC Steel'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 )
=154882.6+138800.6
=293,683

NMDC Steel'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 )
=154882.6+138800.6
=293,683

* 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.

NMDC Steel  (BOM:543768) Total Assets Explanation

Total Assets is connected with ROA %.

NMDC Steel'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 )
=-28584.4/( (275524.9+293683.2)/ 2 )
=-28584.4/284604.05
=-10.04 %

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.

NMDC Steel'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 )
=27715.8/( (275524.9+293683.2)/ 2 )
=27715.8/284604.05
=0.10

* 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.

NMDC Steel Total Assets Related Terms

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NMDC Steel (BOM:543768) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » NMDC Steel Ltd (BOM:543768) » Definitions » Total Assets
Comparable Companies
BOM:543299 BOM:532144 BOM:500265 BOM:500378 BOM:532976 BOM:517146 BOM:532734 BOM:541195 BOM:504614 BOM:500336 NUE XKRX:005490 BOM:500228 TSE:5401 SHSE:600019 XAMS:MT STLD NSE:TATASTEEL RS MIC:CHMF
Traded in Other Exchanges
NSLNISP:India
Address
Khanij Bhavan, 10-3-311/A, Castle Hills, Masab Tank, Hyderabad, TG, IND, 500028
Website
https://nmdcsteel.nmdc.co.in
NMDC Steel Ltd owns and operates mechanized iron ore mines. The company is producing about 35 MTPA of iron ore from its major iron-producing units in Bailadila Sector in Chhattisgarh and Donimalai.

NMDC Steel (BOM:543768) Headlines

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