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Medi Assist Healthcare Services (NSE:MEDIASSIST) Total Assets : ₹8,506 Mil (As of Mar. 2024)


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What is Medi Assist Healthcare Services Total Assets?

Medi Assist Healthcare Services's Total Assets for the quarter that ended in Mar. 2024 was ₹8,506 Mil.

During the past 12 months, Medi Assist Healthcare Services's average Total Assets Growth Rate was 7.20% per year. During the past 3 years, the average Total Assets Growth Rate was 18.50% per year.

During the past 4 years, Medi Assist Healthcare Services's highest 3-Year average Total Assets Growth Rate was 18.50%. The lowest was 18.50%. And the median was 18.50%.

Total Assets is connected with ROA %. Medi Assist Healthcare Services's annualized ROA % for the quarter that ended in Mar. 2024 was 11.58%. Total Assets is also linked to Revenue through Asset Turnover. Medi Assist Healthcare Services's Asset Turnover for the quarter that ended in Mar. 2024 was 0.40.

Medi Assist Healthcare Services Total Assets Historical Data

The historical data trend for Medi Assist Healthcare Services'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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Medi Assist Healthcare Services Total Assets Chart

Medi Assist Healthcare Services Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Total Assets
5,452.95 6,022.30 7,057.16 8,505.84

Medi Assist Healthcare Services Semi-Annual Data
Mar21 Mar22 Sep22 Mar23 Sep23 Mar24
Total Assets Get a 7-Day Free Trial 6,022.30 - 7,057.16 8,026.19 8,505.84

Medi Assist Healthcare Services 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.

Medi Assist Healthcare Services'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 )
=4813.34+3692.5
=8,506

Medi Assist Healthcare Services'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 )
=4813.34+3692.5
=8,506

* 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.

Medi Assist Healthcare Services  (NSE:MEDIASSIST) Total Assets Explanation

Total Assets is connected with ROA %.

Medi Assist Healthcare Services'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 )
=956.88/( (8026.19+8505.84)/ 2 )
=956.88/8266.015
=11.58 %

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.

Medi Assist Healthcare Services'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 )
=3327.69/( (8026.19+8505.84)/ 2 )
=3327.69/8266.015
=0.40

* 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.

Medi Assist Healthcare Services Total Assets Related Terms

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Medi Assist Healthcare Services (NSE:MEDIASSIST) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Plans » Medi Assist Healthcare Services Ltd (NSE:MEDIASSIST) » Definitions » Total Assets
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544088:India
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Medi Assist Healthcare Services Ltd is a HealthTech and InsurTech company focused on administering health benefits across employers, retail members, and public health schemes. Its clients are insurance companies and also serve as an intermediary between (a) general and health insurance companies and the insured members, (b) insurance companies and healthcare providers (such as hospitals), and (c) the Government and beneficiaries of public health schemes. The company derives income by providing health management services, software subscription, software license services, consultancy services and other allied services pertaining to healthcare and health insurance sector. It also offers business support services and other technical services.

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