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Drone Destination (NSE:DRONE) Total Assets : ₹235.9 Mil (As of Mar. 2023)


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What is Drone Destination Total Assets?

Drone Destination's Total Assets for the quarter that ended in Mar. 2023 was ₹235.9 Mil.

During the past 12 months, Drone Destination's average Total Assets Growth Rate was 460.40% per year.

Total Assets is connected with ROA %. Drone Destination's annualized ROA % for the quarter that ended in Mar. 2023 was 18.52%. Total Assets is also linked to Revenue through Asset Turnover. Drone Destination's Asset Turnover for the quarter that ended in Mar. 2023 was 0.92.

Drone Destination Total Assets Historical Data

The historical data trend for Drone Destination'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.

Drone Destination Total Assets Chart

Drone Destination Annual Data
Trend Mar21 Mar22 Mar23
Total Assets
9.63 27.83 235.93

Drone Destination Semi-Annual Data
Mar21 Mar22 Mar23
Total Assets 9.63 27.83 235.93

Drone Destination 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.

Drone Destination'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 )
=175.734+60.199
=235.9

Drone Destination's Total Assets for the quarter that ended in Mar. 2023 is calculated as

Total Assets=Total Equity (Q: Mar. 2023 )+Total Liabilities (Q: Mar. 2023 )
=175.734+60.199
=235.9

* 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.

Drone Destination  (NSE:DRONE) Total Assets Explanation

Total Assets is connected with ROA %.

Drone Destination's annualized ROA % for the quarter that ended in Mar. 2023 is

ROA %=Net Income (Q: Mar. 2023 )/( (Total Assets (Q: Mar. 2022 )+Total Assets (Q: Mar. 2023 ))/ count )
=24.419/( (27.83+235.933)/ 2 )
=24.419/131.8815
=18.52 %

Note: The Net Income data used here is one times the annual (Mar. 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.

Drone Destination's Asset Turnover for the quarter that ended in Mar. 2023 is

Asset Turnover
=Revenue (Q: Mar. 2023 )/( (Total Assets (Q: Mar. 2022 )+Total Assets (Q: Mar. 2023 ))/ count )
=120.722/( (27.83+235.933)/ 2 )
=120.722/131.8815
=0.92

* 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.

Drone Destination Total Assets Related Terms

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Drone Destination (NSE:DRONE) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Drone Destination Ltd (NSE:DRONE) » Definitions » Total Assets
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Traded in Other Exchanges
N/A
Address
C-13, Ground Floor, Panchsheel Enclave, Delhi, IND, 110017
Website
https://www.thedronedestination.com
Drone Destination Ltd is a DGCA-authorized Remote Pilot Training Organization that has developed an integrated drone eco-system built around drone manufacturing, certified training, services, and renting a drone. The company operates the largest network of DGCA-certified Drone Pilot Training Programs. Drone Destination currently operates nine Drone Hubs at Gurugram, Dharamshala, Chandigarh, Gwalior, Ahmedabad, Bangalore, Coimbatore, Madurai and IFFCO Phulpur.

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