KPIT Technologies's Total Assets for the quarter that ended in Mar. 2024 was ₹41,679 Mil.
During the past 12 months, KPIT Technologies's average Total Assets Growth Rate was 16.20% per year.
During the past 3 years, the average Total Assets Growth Rate was 42.00% per year.
During the past 5 years, the average Total Assets Growth Rate was 21.50% per year.
During the past 7 years, KPIT Technologies's highest 3-Year average Total Assets Growth Rate was 42.00%. The lowest was -1.70%. And the median was 31.10%.
The historical data trend for KPIT Technologies'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.
KPIT Technologies'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.
KPIT Technologies (BOM:542651) 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.
KPIT Technologies'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.
KPIT Technologies Total Assets Related Terms
Thank you for viewing the detailed overview of KPIT Technologies's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
KPIT Technologies (BOM:542651) Business Description
KPIT Technologies Ltd is a global technology company specializing in providing IT Consulting and Product Engineering solutions and services to Automotive, Manufacturing, Energy, and Utilities companies. The Company derives revenues primarily from providing engineering services which includes design engineering services, embedded software development with its related services and from the sale of licenses and products. Geographically, it derives a majority of revenue from the Americas.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
BOM:542651 has been successfully added to your 