Chennai Meenakshi Multispeciality Hospital (BOM:523489) Total Assets : ₹228.1 Mil (As of Mar. 2024)

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What is Chennai Meenakshi Multispeciality Hospital Total Assets?

Chennai Meenakshi Multispeciality Hospital's Total Assets for the quarter that ended in Mar. 2024 was ₹228.1 Mil.

During the past 12 months, Chennai Meenakshi Multispeciality Hospital's average Total Assets Growth Rate was 5.90% per year. During the past 3 years, the average Total Assets Growth Rate was 5.70% per year. During the past 5 years, the average Total Assets Growth Rate was 0.70% per year. During the past 10 years, the average Total Assets Growth Rate was 0.10% per year.

During the past 13 years, Chennai Meenakshi Multispeciality Hospital's highest 3-Year average Total Assets Growth Rate was 8.50%. The lowest was -4.40%. And the median was 1.50%.

Total Assets is connected with ROA %. Chennai Meenakshi Multispeciality Hospital's annualized ROA % for the quarter that ended in Mar. 2024 was -7.83%. Total Assets is also linked to Revenue through Asset Turnover. Chennai Meenakshi Multispeciality Hospital's Asset Turnover for the quarter that ended in Mar. 2024 was 0.74.

Chennai Meenakshi Multispeciality Hospital Total Assets Historical Data

The historical data trend for Chennai Meenakshi Multispeciality Hospital'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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Chennai Meenakshi Multispeciality Hospital Total Assets Chart

Chennai Meenakshi Multispeciality Hospital Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Assets

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194.50

192.01

213.87

224.93

228.09

Chennai Meenakshi Multispeciality Hospital 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															224.93	-	225.43	-	228.09

Chennai Meenakshi Multispeciality Hospital 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.

Chennai Meenakshi Multispeciality Hospital'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 )
	=	-3.275	+	231.363
	=	228.1

Chennai Meenakshi Multispeciality Hospital'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 )
	=	-3.275	+	231.363
	=	228.1

Chennai Meenakshi Multispeciality Hospital (BOM:523489) Total Assets Explanation

Total Assets is connected with ROA %.

Chennai Meenakshi Multispeciality Hospital'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 )
	=	-17.86	/	( (0	+	228.088)	/ 1 )
	=	-17.86	/	228.088
	=	-7.83 %

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.

Chennai Meenakshi Multispeciality Hospital'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 )
=	169.66	/	( (0	+	228.088)	/ 1 )
=	169.66	/	228.088
=	0.74

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.

Chennai Meenakshi Multispeciality Hospital Total Assets Related Terms

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Chennai Meenakshi Multispeciality Hospital (BOM:523489) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Chennai Meenakshi Multispeciality Hospital Ltd (BOM:523489) » Definitions » Total Assets

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Address

Luz Church Road, New No. 70, Old No. 149, Mylapore, Chennai, TN, IND, 600004

Website

https://cmmh.in

Chennai Meenakshi Multispeciality Hospital Ltd is an India-based company engaged in hospital activities. It provides healthcare and pharmacy services. The hospital offers facilities like outpatient services, operation theatre, dialysis center, diagnostic services, and other facilities. It consists of departments like Cardiology Department, Casualty Department, Diagnostic Services, Intensive Care Unit, Nephrology Department, Physiotherapy Department, and others. The majority of the revenue is derived from providing inpatient and outpatient facilities.

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