Sunshield Chemicals's Total Assets for the quarter that ended in Mar. 2024 was ₹2,291 Mil.
During the past 12 months, Sunshield Chemicals's average Total Assets Growth Rate was 30.30% per year.
During the past 3 years, the average Total Assets Growth Rate was 19.10% per year.
During the past 5 years, the average Total Assets Growth Rate was 9.00% per year.
During the past 10 years, the average Total Assets Growth Rate was 5.30% per year.
During the past 13 years, Sunshield Chemicals's highest 3-Year average Total Assets Growth Rate was 23.40%. The lowest was -4.30%. And the median was 9.30%.
The historical data trend for Sunshield Chemicals'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.
Sunshield Chemicals'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.
Sunshield Chemicals (BOM:530845) 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.
Sunshield Chemicals'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.
Sunshield Chemicals Total Assets Related Terms
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Sunshield Chemicals (BOM:530845) Business Description
Sunshield Chemicals Ltd is a company engaged in the manufacture and sale of specialty chemicals in domestic and international markets. Its products are Ethoxylates & Propoxylates, THEIC, HQEE, Antioxidants, and Urea Formaldehyde Resin. Its specialty chemicals are used across a range of industries, such as wire insulation enamel, polyvinyl chloride stabilizers, inks, colors, coatings, textiles, agrochemicals, polymers, plastics, rubber, latex, tire and tubes, conveyor belts, lubricants, additives, and home care. It operates only in one segment namely Specialty Chemicals and generates its revenue from India.
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