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Tata Technologies (BOM:544028) Total Assets : ₹55,783 Mil (As of Mar. 2024)


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What is Tata Technologies Total Assets?

Tata Technologies's Total Assets for the quarter that ended in Mar. 2024 was ₹55,783 Mil.

During the past 12 months, Tata Technologies's average Total Assets Growth Rate was 10.50% per year. During the past 3 years, the average Total Assets Growth Rate was 25.60% per year.

During the past 5 years, Tata Technologies's highest 3-Year average Total Assets Growth Rate was 25.60%. The lowest was 24.00%. And the median was 24.80%.

Total Assets is connected with ROA %. Tata Technologies's annualized ROA % for the quarter that ended in Mar. 2024 was 11.28%. Total Assets is also linked to Revenue through Asset Turnover. Tata Technologies's Asset Turnover for the quarter that ended in Mar. 2024 was 0.23.


Tata Technologies Total Assets Historical Data

The historical data trend for Tata Technologies'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.

Tata Technologies Total Assets Chart

Tata Technologies Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Total Assets
25,729.73 35,727.35 42,179.99 52,014.90 55,783.20

Tata Technologies Quarterly Data
Mar20 Mar21 Dec21 Mar22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only 46,406.83 52,014.90 51,424.17 - 55,783.20

Tata Technologies 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.

Tata Technologies'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 )
=32208.2+23575
=55,783

Tata Technologies'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 )
=32208.2+23575
=55,783

* 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.


Tata Technologies  (BOM:544028) Total Assets Explanation

Total Assets is connected with ROA %.

Tata Technologies'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 )
=6289.6/( (0+55783.2)/ 1 )
=6289.6/55783.2
=11.28 %

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.

Tata Technologies'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 )
=12970.6/( (0+55783.2)/ 1 )
=12970.6/55783.2
=0.23

* 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.

Tata Technologies Total Assets Related Terms

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Tata Technologies (BOM:544028) Business Description

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Address
Plot No. 25, Rajiv Gandhi Infotech Park, Hinjawadi, Pune, MH, IND, 411 057
Tata Technologies Ltd is a engineering services company offering product development and digital solutions, including turnkey solutions, to original equipment manufacturers (OEMs) and their tier-1 suppliers. It endeavors to create value for its clients by helping them develop safer products, and cleaner and improve the quality of life for their end-customers. It has deep domain expertise in the automotive industry and leverages this expertise to serve its clients in adjacent industries, such as aerospace and transportation and construction heavy machinery. As an organization, it brings together diverse teams from different parts of the world with multiple skill sets to collaborate in real time and solve complex engineering problems for its clients.

Tata Technologies (BOM:544028) Headlines

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