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Quality RO Industries (BOM:543460) Total Assets : ₹153.9 Mil (As of Mar. 2024)


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What is Quality RO Industries Total Assets?

Quality RO Industries's Total Assets for the quarter that ended in Mar. 2024 was ₹153.9 Mil.

During the past 12 months, Quality RO Industries's average Total Assets Growth Rate was 114.60% per year.

Total Assets is connected with ROA %. Quality RO Industries's annualized ROA % for the quarter that ended in Mar. 2024 was 13.81%. Total Assets is also linked to Revenue through Asset Turnover. Quality RO Industries's Asset Turnover for the quarter that ended in Mar. 2024 was 0.48.

Quality RO Industries Total Assets Historical Data

The historical data trend for Quality RO Industries'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.

Quality RO Industries Total Assets Chart

Quality RO Industries Annual Data
Trend Mar22 Mar23 Mar24
Total Assets
64.47 111.95 153.92

Quality RO Industries Semi-Annual Data
Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Total Assets Get a 7-Day Free Trial 64.47 67.84 111.95 143.20 153.92

Quality RO Industries 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.

Quality RO Industries'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 )
=97.866+56.052
=153.9

Quality RO Industries'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 )
=97.866+56.052
=153.9

* 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.

Quality RO Industries  (BOM:543460) Total Assets Explanation

Total Assets is connected with ROA %.

Quality RO Industries's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=20.514/( (143.199+153.918)/ 2 )
=20.514/148.5585
=13.81 %

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

Quality RO Industries's Asset Turnover for the quarter that ended in Mar. 2024 is

Asset Turnover
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=70.848/( (143.199+153.918)/ 2 )
=70.848/148.5585
=0.48

* 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.

Quality RO Industries Total Assets Related Terms

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Quality RO Industries (BOM:543460) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Quality RO Industries Ltd (BOM:543460) » Definitions » Total Assets
Comparable Companies
BOM:539098 NSE:BANKA VLTO XBRU:UMI ZWS FSS TSE:6370 SZSE:300390 OSTO:MTRS SHSE:600388 SHSE:603279 ATMU TSE:6368 HKSE:00586 SZSE:000544 TSE:7004 ERII BOM:500214 TSE:6013 MIL:GVS
Traded in Other Exchanges
N/A
Address
Plot No. 09, POR Industrial Park, NH 08 Behind Sahayog Hotel, Village PO, Vadodara, GJ, IND, 391243
Website
https://www.qualityro.in
Quality RO Industries Ltd is engaged in the business of manufacturing, marketing, and supplying components for water purifiers and softener equipment. These water purifier parts have been designed to make a proper fit for RO plants and systems of different varieties, as we produce strictly according to industry standards. The company is at present engaged in the business of Trading and Manufacturing RO products and Transportation activities, which constitute two business segments. The prime revenue generator is the trading and manufacturing of the RO products segment.

Quality RO Industries (BOM:543460) Headlines

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