Home First Finance Co India (NSE:HOMEFIRST) Total Assets : ₹95,340 Mil (As of Mar. 2024)

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What is Home First Finance Co India Total Assets?

Home First Finance Co India's Total Assets for the quarter that ended in Mar. 2024 was ₹95,340 Mil.

During the past 12 months, Home First Finance Co India's average Total Assets Growth Rate was 41.50% per year. During the past 3 years, the average Total Assets Growth Rate was 36.60% per year. During the past 5 years, the average Total Assets Growth Rate was 30.20% per year.

During the past 7 years, Home First Finance Co India's highest 3-Year average Total Assets Growth Rate was 36.90%. The lowest was 25.70%. And the median was 31.50%.

Total Assets is connected with ROA %. Home First Finance Co India's annualized ROA % for the quarter that ended in Mar. 2024 was 3.50%. Total Assets is also linked to Revenue through Asset Turnover. Home First Finance Co India's Asset Turnover for the quarter that ended in Mar. 2024 was 0.03.

Home First Finance Co India Total Assets Historical Data

The historical data trend for Home First Finance Co India'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.

Home First Finance Co India Total Assets Chart

Home First Finance Co India Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Assets

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34,802.09

45,101.55

51,168.65

67,370.25

95,339.56

Home First Finance Co India Quarterly Data
	Mar18	Mar19	Sep19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial														-	67,370.25	80,434.30	-	95,339.56

Home First Finance Co India 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.

Home First Finance Co India'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 )
	=	21214.85	+	74124.71
	=	95,340

Home First Finance Co India'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 )
	=	21214.85	+	74124.71
	=	95,340

Home First Finance Co India (NSE:HOMEFIRST) Total Assets Explanation

Total Assets is connected with ROA %.

Home First Finance Co India'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 )
	=	3338.64	/	( (0	+	95339.56)	/ 1 )
	=	3338.64	/	95339.56
	=	3.50 %

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.

Home First Finance Co India'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 )
=	2855.86	/	( (0	+	95339.56)	/ 1 )
=	2855.86	/	95339.56
=	0.03

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.

Home First Finance Co India Total Assets Related Terms

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Home First Finance Co India (NSE:HOMEFIRST) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Home First Finance Co India Ltd (NSE:HOMEFIRST) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

543259:India

Address

511, Acme Plaza, Andheri Kurla Road, Opposite Sangam Cinema, J B Nagar, Andheri (East), Mumbai, MH, IND, 400 059

Website

https://www.homefirstindia.com

Home First Finance Co India Ltd is an affordable housing finance company. The company is primarily engaged in the business of lending housing loans, loans to purchase commercial property, loans against property, and construction finance.

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