Affle India's Total Assets for the quarter that ended in Mar. 2024 was ₹32,830 Mil.
Warning Sign:
If a company builds assets at 70.5% a year, faster than its revenue growth rate of 50.6% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Affle India's average Total Assets Growth Rate was 36.40% per year.
During the past 3 years, the average Total Assets Growth Rate was 37.40% per year.
During the past 5 years, the average Total Assets Growth Rate was 70.50% per year.
During the past 10 years, Affle India's highest 3-Year average Total Assets Growth Rate was 156.10%. The lowest was 17.30%. And the median was 66.80%.
The historical data trend for Affle India'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.
Affle India'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.
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.
Affle India'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.
Affle India Total Assets Related Terms
Thank you for viewing the detailed overview of Affle India's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Affle India Ltd is engaged in the global technology business. The activities of the group function through two segments: the Consumer Platform and Enterprise Platform. The Consumer Platform provides services such as new consumer conversions through relevant mobile advertising; retargeting existing consumers to complete transactions for e-commerce companies through relevant mobile advertising; and an online to offline platform that converts online consumer engagement into in-store walk-ins. The Enterprise Platform provides end-to-end solutions for enterprises to enhance their engagement with mobile users. Geographically the activities are carried out throughout India. The company generates the majority of its revenue from the Consumer platform segment.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
BOM:542752 has been successfully added to your 