Torrent Power (BOM:532779) Total Assets : ₹0 Mil (As of Dec. 2023)

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What is Torrent Power Total Assets?

Torrent Power's Total Assets for the quarter that ended in Dec. 2023 was ₹0 Mil.

During the past 12 months, Torrent Power's average Total Assets Growth Rate was 6.10% per year. During the past 3 years, the average Total Assets Growth Rate was 8.10% per year. During the past 5 years, the average Total Assets Growth Rate was 4.50% per year. During the past 10 years, the average Total Assets Growth Rate was 5.70% per year.

During the past 13 years, Torrent Power's highest 3-Year average Total Assets Growth Rate was 25.70%. The lowest was 0.90%. And the median was 8.75%.

Total Assets is connected with ROA %. Torrent Power's annualized ROA % for the quarter that ended in Dec. 2023 was 4.50%. Total Assets is also linked to Revenue through Asset Turnover. Torrent Power's Asset Turnover for the quarter that ended in Dec. 2023 was 0.20.

Torrent Power Total Assets Historical Data

The historical data trend for Torrent Power'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.

Torrent Power Total Assets Chart

Torrent Power Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Assets

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245,540.30

236,230.40

235,387.20

250,227.00

299,101.80

Torrent Power Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial															-	299,101.80	-	319,940.30	-

Torrent Power 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.

Torrent Power's Total Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Assets	=	Total Equity (A: Mar. 2023 )	+	Total Liabilities (A: Mar. 2023 )
	=	114866.5	+	184235.3
	=	299,102

Torrent Power's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	N/A	+	N/A
	=	N/A

Torrent Power (BOM:532779) Total Assets Explanation

Total Assets is connected with ROA %.

Torrent Power's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	14393.2	/	( (319940.3	+	0)	/ 1 )
	=	14393.2	/	319940.3
	=	4.50 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) 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.

Torrent Power's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	63660.9	/	( (319940.3	+	0)	/ 1 )
=	63660.9	/	319940.3
=	0.20

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.

Torrent Power Total Assets Related Terms

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Torrent Power (BOM:532779) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Torrent Power Ltd (BOM:532779) » Definitions » Total Assets

Traded in Other Exchanges

TORNTPOWER:India

Address

Samanvay, 600, Tapovan, Ambawadi, Ahmedabad, GJ, IND, 380015

Website

https://www.torrentpower.com

Torrent Power Ltd is an Indian utility company engaged in the business of power generation, transmission, and distribution. Both by itself and through its subsidiaries, Torrent Power operates a portfolio of gas, combined cycle, coal, wind, and solar power plants. The company's gas-fired facilities constitute most of its energy-producing capacity. Torrent Power generates the vast majority of its revenue from the supply of power generated by its facilities and transmitted through its power grids to areas of Western and Northern India. Its sales are fairly evenly divided among residential, commercial, low tension and high tension consumers. The low tension customer class would include smaller manufacturing units, while high tension would be composed of heavier industrial entities.

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