Titan Co's Total Assets for the quarter that ended in Mar. 2024 was ₹315,500 Mil.
Warning Sign:
If a company builds assets at 22.3% a year, faster than its revenue growth rate of 20% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Titan Co's average Total Assets Growth Rate was 16.20% per year.
During the past 3 years, the average Total Assets Growth Rate was 27.80% per year.
During the past 5 years, the average Total Assets Growth Rate was 22.30% per year.
During the past 10 years, the average Total Assets Growth Rate was 19.10% per year.
During the past 13 years, Titan Co's highest 3-Year average Total Assets Growth Rate was 35.70%. The lowest was 9.50%. And the median was 20.75%.
Total Assets is connected with ROA %. Titan Co's annualizedROA % for the quarter that ended in Mar. 2024 was 9.77%. Total Assets is also linked to Revenue through Asset Turnover. Titan Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.36.
Titan Co Total Assets Historical Data
The historical data trend for Titan Co'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.
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.
Titan Co's Total Assets for the fiscal year that ended in Mar. 2024 is calculated as
* 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.
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.
Titan Co's Asset Turnover for the quarter that ended in Mar. 2024 is
* 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.
Titan Co Total Assets Related Terms
Thank you for viewing the detailed overview of Titan Co's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Titan Co Ltd is engaged in the manufacturing and sale of watches, jewellery, eyewear, and other accessories and products. Its operating segments are watches and wearables, jewellery, eyewear, and others. The firm generates a majority of its revenue from jewellery. The company sells its products under various brands such as Fastrack, Skinn, Sonata, Zoop, Nebula, Zoya, Skinn, Tanishq, and others.
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