Eastern Silk Industries (BOM:590022) Total Assets : ₹0.0 Mil (As of Dec. 2023)

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What is Eastern Silk Industries Total Assets?

Eastern Silk Industries's Total Assets for the quarter that ended in Dec. 2023 was ₹0.0 Mil.

During the past 12 months, Eastern Silk Industries's average Total Assets Growth Rate was -10.60% per year. During the past 3 years, the average Total Assets Growth Rate was -6.40% per year. During the past 5 years, the average Total Assets Growth Rate was -7.50% per year. During the past 10 years, the average Total Assets Growth Rate was -13.50% per year.

During the past 13 years, Eastern Silk Industries's highest 3-Year average Total Assets Growth Rate was 2.60%. The lowest was -20.50%. And the median was -10.30%.

Total Assets is connected with ROA %. Eastern Silk Industries's annualized ROA % for the quarter that ended in Dec. 2023 was -9.37%. Total Assets is also linked to Revenue through Asset Turnover. Eastern Silk Industries's Asset Turnover for the quarter that ended in Dec. 2023 was 0.04.

Eastern Silk Industries Total Assets Historical Data

The historical data trend for Eastern Silk Industries'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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Eastern Silk Industries Total Assets Chart

Eastern Silk Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Assets

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2,017.55

1,727.78

1,732.61

1,645.87

1,521.33

Eastern Silk Industries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial															-	1,521.33	-	1,443.20	-

Eastern Silk Industries 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.

Eastern Silk Industries's Total Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Assets	=	Total Equity (A: Mar. 2023 )	+	Total Liabilities (A: Mar. 2023 )
	=	-432.141	+	1953.474
	=	1,521.3

Eastern Silk Industries's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	N/A	+	N/A
	=	N/A

Eastern Silk Industries (BOM:590022) Total Assets Explanation

Total Assets is connected with ROA %.

Eastern Silk Industries's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-135.26	/	( (1443.197	+	0)	/ 1 )
	=	-135.26	/	1443.197
	=	-9.37 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) 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.

Eastern Silk Industries's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	53.755	/	( (1443.197	+	0)	/ 1 )
=	53.755	/	1443.197
=	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.

Eastern Silk Industries Total Assets Related Terms

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Eastern Silk Industries (BOM:590022) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Eastern Silk Industries Ltd (BOM:590022) » Definitions » Total Assets

Traded in Other Exchanges

EASTSILK:India

Address

19, R.N. Mukherjee Road, Kolkata, WB, IND, 700001

Website

http://www.easternsilk.com

Eastern Silk Industries Ltd is an Indian company engaged in the manufacturing of textiles and allied products. It manufactures Silk yarn, Fabrics and made-ups, Home furnishings, Fashion fabrics, Double-width fabric, Scarves, Laces, Melts and Embroidered fabrics. The product categories of the company comprise Home furnishings, Fashion, and Stock Services.

Eastern Silk Industries (BOM:590022) Headlines

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