Swaraj Suiting (NSE:SWARAJ) Total Assets : ₹2,306 Mil (As of Mar. 2023)

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What is Swaraj Suiting Total Assets?

Swaraj Suiting's Total Assets for the quarter that ended in Mar. 2023 was ₹2,306 Mil.

During the past 12 months, Swaraj Suiting's average Total Assets Growth Rate was 64.80% per year. During the past 3 years, the average Total Assets Growth Rate was 33.90% per year.

During the past 5 years, Swaraj Suiting's highest 3-Year average Total Assets Growth Rate was 33.90%. The lowest was 14.20%. And the median was 24.05%.

Total Assets is connected with ROA %. Swaraj Suiting's annualized ROA % for the quarter that ended in Mar. 2023 was 3.73%. Total Assets is also linked to Revenue through Asset Turnover. Swaraj Suiting's Asset Turnover for the quarter that ended in Mar. 2023 was 0.82.

Swaraj Suiting Total Assets Historical Data

The historical data trend for Swaraj Suiting'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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Swaraj Suiting Total Assets Chart

Swaraj Suiting Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Total Assets

937.34

970.45

917.17

1,417.84

2,306.21

Swaraj Suiting Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23
Total Assets	Get a 7-Day Free Trial			917.17	916.23	1,417.84	1,969.50	2,306.21

Swaraj Suiting 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.

Swaraj Suiting'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 )
	=	664.75	+	1641.458
	=	2,306

Swaraj Suiting'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 )
	=	664.75	+	1641.458
	=	2,306

Swaraj Suiting (NSE:SWARAJ) Total Assets Explanation

Total Assets is connected with ROA %.

Swaraj Suiting's annualized ROA % for the quarter that ended in Mar. 2023 is

ROA %	=	Net Income (Q: Mar. 2023 )	/	( (Total Assets (Q: Sep. 2022 )	+	Total Assets (Q: Mar. 2023 ))	/ count )
	=	79.674	/	( (1969.504	+	2306.208)	/ 2 )
	=	79.674	/	2137.856
	=	3.73 %

Note: The Net Income data used here is two times the semi-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.

Swaraj Suiting's Asset Turnover for the quarter that ended in Mar. 2023 is

	Asset Turnover
=	Revenue (Q: Mar. 2023 )	/	( (Total Assets (Q: Sep. 2022 )	+	Total Assets (Q: Mar. 2023 ))	/ count )
=	1744.399	/	( (1969.504	+	2306.208)	/ 2 )
=	1744.399	/	2137.856
=	0.82

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.

Swaraj Suiting Total Assets Related Terms

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Swaraj Suiting (NSE:SWARAJ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Swaraj Suiting Ltd (NSE:SWARAJ) » Definitions » Total Assets

Traded in Other Exchanges

N/A

Address

RIICO Growth Centre, F-483 To F-487, Hamirgarh, Bhilwara, RJ, IND, 311025

Website

https://www.swarajsuiting.com

Swaraj Suiting Ltd is mainly engaged into the textile industry. It operates under various verticals namely manufacturing of denim, grey fabric, weaving on a Job Work basis, trading of the finished fabric and grey fabric and yarn. The company operates in four states Rajasthan, Gujarat, Madhya Pradesh and Maharashtra. The company generates the majority of its revenue from Finish Fabrics sale.

Swaraj Suiting (NSE:SWARAJ) Headlines

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