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Milestone Furniture (BOM:541337) Total Assets : ₹260.45 Mil (As of Mar. 2023)


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What is Milestone Furniture Total Assets?

Milestone Furniture's Total Assets for the quarter that ended in Mar. 2023 was ₹260.45 Mil.

During the past 12 months, Milestone Furniture's average Total Assets Growth Rate was -2.40% per year. During the past 3 years, the average Total Assets Growth Rate was -4.00% per year. During the past 5 years, the average Total Assets Growth Rate was 0.90% per year.

During the past 10 years, Milestone Furniture's highest 3-Year average Total Assets Growth Rate was 139.30%. The lowest was -4.40%. And the median was 80.30%.

Total Assets is connected with ROA %. Milestone Furniture's annualized ROA % for the quarter that ended in Mar. 2023 was 15.63%. Total Assets is also linked to Revenue through Asset Turnover. Milestone Furniture's Asset Turnover for the quarter that ended in Mar. 2023 was 0.00.


Milestone Furniture Total Assets Historical Data

The historical data trend for Milestone Furniture'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.

Milestone Furniture Total Assets Chart

Milestone Furniture Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 306.81 294.57 280.96 266.86 260.45

Milestone Furniture Semi-Annual Data
Mar14 Mar15 Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 280.96 279.36 266.86 240.90 260.45

Milestone Furniture 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.

Milestone Furniture'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 )
=255.849+4.598
=260.45

Milestone Furniture's Total Assets for the quarter that ended in Mar. 2023 is calculated as

Total Assets=Total Equity (Q: Mar. 2023 )+Total Liabilities (Q: Mar. 2023 )
=255.849+4.598
=260.45

* 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.


Milestone Furniture  (BOM:541337) Total Assets Explanation

Total Assets is connected with ROA %.

Milestone Furniture's annualized ROA % for the quarter that ended in Mar. 2023 is

ROA %=Net Income (Q: Mar. 2023 )/( (Total Assets (Q: Sep. 2022 )+Total Assets (Q: Mar. 2023 ))/ count )
=39.184/( (240.897+260.447)/ 2 )
=39.184/250.672
=15.63 %

Note: The Net Income data used here is two times the semi-annual (Mar. 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.

Milestone Furniture's Asset Turnover for the quarter that ended in Mar. 2023 is

Asset Turnover
=Revenue (Q: Mar. 2023 )/( (Total Assets (Q: Sep. 2022 )+Total Assets (Q: Mar. 2023 ))/ count )
=0/( (240.897+260.447)/ 2 )
=0/250.672
=0.00

* 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.

Milestone Furniture Total Assets Related Terms

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Milestone Furniture (BOM:541337) Business Description

Traded in Other Exchanges
N/A
Address
Wada Manor Road, Survey No.147, House No. 271/1, Met Village, Opposite HP Petrol Pump, Palghar, Thane, MH, IND, 421312
Milestone Furniture Ltd is engaged in the field of the household furniture business. It manufactures home and office furniture and is also involved in home and office design. The product portfolio includes basic plastic chair/ plastic storage solution/ Dining Tables into all segments like bedroom, dining, living room, essentials and mattresses which are needed at different points during their aspirational home building journey. The company has also spread its product portfolio to serve the institutional segment especially in segments like office seating, desking, and storage solutions. The product assortment covers both the large institutions and small office/home office's needs.

Milestone Furniture (BOM:541337) Headlines

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