Dharani Finance (BOM:511451) Total Assets : ₹91.86 Mil (As of Mar. 2024)

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What is Dharani Finance Total Assets?

Dharani Finance's Total Assets for the quarter that ended in Mar. 2024 was ₹91.86 Mil.

During the past 12 months, Dharani Finance's average Total Assets Growth Rate was -4.10% per year. During the past 3 years, the average Total Assets Growth Rate was 0.80% per year. During the past 5 years, the average Total Assets Growth Rate was 0.90% per year. During the past 10 years, the average Total Assets Growth Rate was 5.00% per year.

During the past 13 years, Dharani Finance's highest 3-Year average Total Assets Growth Rate was 22.40%. The lowest was -4.20%. And the median was 2.80%.

Total Assets is connected with ROA %. Dharani Finance's annualized ROA % for the quarter that ended in Mar. 2024 was -12.17%. Total Assets is also linked to Revenue through Asset Turnover. Dharani Finance's Asset Turnover for the quarter that ended in Mar. 2024 was -0.01.

Dharani Finance Total Assets Historical Data

The historical data trend for Dharani 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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Dharani Finance Total Assets Chart

Dharani Finance Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Assets

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88.62

90.35

94.55

95.97

91.86

Dharani Finance Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															95.97	-	94.45	-	91.86

Dharani 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.

Dharani 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 )
	=	86.311	+	5.552
	=	91.86

Dharani Finance'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 )
	=	86.311	+	5.552
	=	91.86

Dharani Finance (BOM:511451) Total Assets Explanation

Total Assets is connected with ROA %.

Dharani Finance'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 )
	=	-11.184	/	( (0	+	91.863)	/ 1 )
	=	-11.184	/	91.863
	=	-12.17 %

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.

Dharani Finance'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 )
=	-0.837	/	( (0	+	91.863)	/ 1 )
=	-0.837	/	91.863
=	-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.

Dharani Finance Total Assets Related Terms

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Dharani Finance (BOM:511451) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Dharani Finance Ltd (BOM:511451) » Definitions » Total Assets

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Address

New No.59 (Old No. 57) Sterling Road, PGP House, Nungambakkam, Chennai, TN, IND, 600034

Website

https://www.dharanifinance.com

Dharani Finance Ltd operates as a non-banking finance company in India. The main activities of the company are to carry on the business of hire purchase, leasing of machinery and other equipment, financing industrial enterprises, undertaking the business of financial operations of all kinds, dealing in foreign exchange, providing financial services like investment planning, tax planning, consultancy and much more. In addition, it also acts as a tour agent, carries on the import and export of merchandise, functions as a forwarding agent, freight contractor, warehousing, and many more. The company's operating segments include Financial Services and Travel Services. The majority of its revenue is generated from the Financial Services segment.

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