Hasti Finance (BOM:531387) Total Assets : ₹218.18 Mil (As of Sep. 2024)

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What is Hasti Finance Total Assets?

Hasti Finance's Total Assets for the quarter that ended in Sep. 2024 was ₹218.18 Mil.

During the past 12 months, Hasti Finance's average Total Assets Growth Rate was -1.70% per year. During the past 3 years, the average Total Assets Growth Rate was -0.30% per year. During the past 5 years, the average Total Assets Growth Rate was 1.40% per year. During the past 10 years, the average Total Assets Growth Rate was -3.70% per year.

During the past 13 years, Hasti Finance's highest 3-Year average Total Assets Growth Rate was 106.00%. The lowest was -11.90%. And the median was 0.65%.

Total Assets is connected with ROA %. Hasti Finance's annualized ROA % for the quarter that ended in Sep. 2024 was -0.03%. Total Assets is also linked to Revenue through Asset Turnover. Hasti Finance's Asset Turnover for the quarter that ended in Sep. 2024 was 0.01.

Hasti Finance Total Assets Historical Data

The historical data trend for Hasti Finance'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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Hasti Finance Total Assets Chart

Hasti Finance Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Assets

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213.53

221.34

224.04

221.82

218.39

Hasti Finance Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Assets	Get a 7-Day Free Trial															222.00	-	218.39	-	218.18

Hasti Finance 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.

Hasti Finance'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 )
	=	203.503	+	14.886
	=	218.39

Hasti Finance's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2024 )	+	Total Liabilities (Q: Sep. 2024 )
	=	202.845	+	15.331
	=	218.18

Hasti Finance (BOM:531387) Total Assets Explanation

Total Assets is connected with ROA %.

Hasti Finance's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %	=	Net Income (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
	=	-0.064	/	( (0	+	218.176)	/ 1 )
	=	-0.064	/	218.176
	=	-0.03 %

Note: The Net Income data used here is four times the quarterly (Sep. 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.

Hasti Finance's Asset Turnover for the quarter that ended in Sep. 2024 is

	Asset Turnover
=	Revenue (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
=	1.126	/	( (0	+	218.176)	/ 1 )
=	1.126	/	218.176
=	0.01

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.

Hasti Finance Total Assets Related Terms

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Hasti Finance Business Description

Industry

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Address

Sayani Road, Office No. 1A, Anubhav Apartments, Prabhadevi, Mumbai, MH, IND, 400 025

Website

https://www.hastifinance.com

Hasti Finance Ltd is a is Non-Banking Finance company. It provides personal loans, housing loans, and gold loans. The company's only reportable segment is Financing Activity. It generates revenue from Interest on Loans and Supervision Charges. The company offers loans to its customers that is both retail customers and corporate customers.

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