Reliance Capital's Total Assets for the quarter that ended in Mar. 2024 was ₹749,866 Mil.
During the past 12 months, Reliance Capital's average Total Assets Growth Rate was 13.00% per year.
During the past 3 years, the average Total Assets Growth Rate was 5.10% per year.
During the past 5 years, the average Total Assets Growth Rate was -1.50% per year.
During the past 10 years, the average Total Assets Growth Rate was 3.30% per year.
During the past 13 years, Reliance Capital's highest 3-Year average Total Assets Growth Rate was 80.60%. The lowest was -9.20%. And the median was 15.25%.
The historical data trend for Reliance Capital'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.
Reliance Capital'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.
Reliance Capital (BOM:500111) Total Assets Explanation
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.
Reliance Capital'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.
Reliance Capital Total Assets Related Terms
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Reliance Capital (BOM:500111) Business Description
Reliance Capital Ltd is a member of the Reliance Group and services the financial sector. The company provides services in asset management and mutual funds, life and general insurance, commercial finance, equities and commodities broking, wealth management, and many other related services. General insurance is the company's leading revenue generator and includes auto, home, property, travel, marine, commercial, and other specialty products for individuals and companies. Its commercial finance unit is operated through a subsidiary, Reliance Commercial Finance, and participates in a range of lending activities. As one of India's leading lenders, it offers home loans, loans against property, small and medium enterprise loans, vehicle loans, and loans for construction.
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