Black Rose Industries's Total Assets for the quarter that ended in Mar. 2024 was ₹1,925 Mil.
Warning Sign:
If a company builds assets at 6.6% a year, faster than its revenue growth rate of 5.3% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Black Rose Industries's average Total Assets Growth Rate was 13.80% per year.
During the past 3 years, the average Total Assets Growth Rate was 3.90% per year.
During the past 5 years, the average Total Assets Growth Rate was 6.60% per year.
During the past 10 years, the average Total Assets Growth Rate was 7.20% per year.
During the past 13 years, Black Rose Industries's highest 3-Year average Total Assets Growth Rate was 38.30%. The lowest was 0.80%. And the median was 11.40%.
Black Rose Industries Total Assets Historical Data
The historical data trend for Black Rose Industries'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.
Black Rose Industries'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.
Black Rose Industries (BOM:514183) 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.
Black Rose Industries'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.
Black Rose Industries Total Assets Related Terms
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Black Rose Industries (BOM:514183) Business Description
Black Rose Industries Ltd is engaged in the business of chemical distribution and chemical manufacturing. It operates through two segments: Chemicals and Others. The Chemical distribution business consists mainly of import and sales of specialty and performance chemicals. Its product offerings consist of speciality chemical, Flocculants, cyanoacrylate adhesives, polymer additives, Acrylamide. The majority of the company's revenue is generated from the Chemicals segment. The company's export function mainly focuses on promoting Indian-made chemicals in other countries mainly Japan, Korea, and China.
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