GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Benares Hotels Ltd (BOM:509438) » Definitions » Total Assets

Benares Hotels (BOM:509438) Total Assets : ₹1,560.7 Mil (As of Mar. 2024)


View and export this data going back to 2001. Start your Free Trial

What is Benares Hotels Total Assets?

Benares Hotels's Total Assets for the quarter that ended in Mar. 2024 was ₹1,560.7 Mil.

During the past 12 months, Benares Hotels's average Total Assets Growth Rate was -7.80% per year. During the past 3 years, the average Total Assets Growth Rate was 4.40% per year. During the past 5 years, the average Total Assets Growth Rate was 1.90% per year. During the past 10 years, the average Total Assets Growth Rate was 7.80% per year.

During the past 13 years, Benares Hotels's highest 3-Year average Total Assets Growth Rate was 17.90%. The lowest was 2.40%. And the median was 14.60%.

Total Assets is connected with ROA %. Benares Hotels's annualized ROA % for the quarter that ended in Mar. 2024 was 29.71%. Total Assets is also linked to Revenue through Asset Turnover. Benares Hotels's Asset Turnover for the quarter that ended in Mar. 2024 was 0.23.


Benares Hotels Total Assets Historical Data

The historical data trend for Benares Hotels'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.

* Premium members only.

Benares Hotels Total Assets Chart

Benares Hotels Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,047.96 908.95 950.83 1,203.23 1,560.74

Benares Hotels Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 1,203.23 1,328.43 - 1,560.74

Benares Hotels 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.

Benares Hotels'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 )
=1329.964+230.777
=1,560.7

Benares Hotels'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 )
=1329.964+230.777
=1,560.7

* 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.


Benares Hotels  (BOM:509438) Total Assets Explanation

Total Assets is connected with ROA %.

Benares Hotels's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=463.736/( (0+1560.741)/ 1 )
=463.736/1560.741
=29.71 %

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.

Benares Hotels's Asset Turnover for the quarter that ended in Mar. 2024 is

Asset Turnover
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=355.806/( (0+1560.741)/ 1 )
=355.806/1560.741
=0.23

* 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.

Benares Hotels Total Assets Related Terms

Thank you for viewing the detailed overview of Benares Hotels's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Benares Hotels (BOM:509438) Business Description

Traded in Other Exchanges
N/A
Address
Sardar Patel Marg, Taj Palace Hotel, New Delhi, IND, 110021
Benares Hotels Ltd operates hotels. The company operates hotels including Taj Ganges Hotel and Taj Nadesar Palace in Varanasi. Taj Nadesar Palace Palace in Varanasi and The Gateway Hotel, Gondia in Maharashtra. The company has only business being of Hoteliering.

Benares Hotels (BOM:509438) Headlines

No Headlines