Reliance Home Finance (BOM:540709) Total Assets : ₹298.25 Mil (As of Mar. 2024)

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What is Reliance Home Finance Total Assets?

Reliance Home Finance's Total Assets for the quarter that ended in Mar. 2024 was ₹298.25 Mil.

During the past 12 months, Reliance Home Finance's average Total Assets Growth Rate was 2.10% per year. During the past 3 years, the average Total Assets Growth Rate was -89.20% per year. During the past 5 years, the average Total Assets Growth Rate was -79.50% per year. During the past 10 years, the average Total Assets Growth Rate was -35.40% per year.

During the past 11 years, Reliance Home Finance's highest 3-Year average Total Assets Growth Rate was 47.40%. The lowest was -89.60%. And the median was 6.00%.

Total Assets is connected with ROA %. Reliance Home Finance's annualized ROA % for the quarter that ended in Mar. 2024 was -90.56%. Total Assets is also linked to Revenue through Asset Turnover. Reliance Home Finance's Asset Turnover for the quarter that ended in Mar. 2024 was 0.01.

Reliance Home Finance Total Assets Historical Data

The historical data trend for Reliance Home 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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Reliance Home Finance Total Assets Chart

Reliance Home Finance Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Assets

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157,291.90

148,980.00

101,443.30

348.50

298.25

Reliance Home Finance Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															-	348.50	324.10	-	298.25

Reliance Home 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.

Reliance Home 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 )
	=	-771.813	+	1070.059
	=	298.25

Reliance Home 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 )
	=	-771.813	+	1070.059
	=	298.25

Reliance Home Finance (BOM:540709) Total Assets Explanation

Total Assets is connected with ROA %.

Reliance Home 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 )
	=	-270.092	/	( (0	+	298.246)	/ 1 )
	=	-270.092	/	298.246
	=	-90.56 %

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.

Reliance Home 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 )
=	1.756	/	( (0	+	298.246)	/ 1 )
=	1.756	/	298.246
=	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.

Reliance Home Finance Total Assets Related Terms

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Reliance Home Finance (BOM:540709) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Reliance Home Finance Ltd (BOM:540709) » Definitions » Total Assets

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RHFL:India

Address

The Ruby, Senapati Bapat Marg, North-West Wing, Plot No. 29, 11th Floor, Dadar West, Mumbai, MH, IND, 400 028

Website

https://www.reliancehomefinance.com

Reliance Home Finance Ltd is an India-based company engaged in the housing finance business. It provides a range of housing finance solutions such as home loans, affordable housing loans, loan against property, and construction finance. In addition, it also provides property solutions service. The company derives key revenue from the interest received from housing and other loans. The business operations of the company are carried out in India.

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