Ahasolar Technologies's Total Assets for the quarter that ended in Mar. 2023 was ₹52.6 Mil.
During the past 12 months, Ahasolar Technologies's average Total Assets Growth Rate was 122.90% per year.
During the past 3 years, the average Total Assets Growth Rate was 51.20% per year.
During the past 4 years, Ahasolar Technologies's highest 3-Year average Total Assets Growth Rate was 51.20%. The lowest was 51.20%. And the median was 51.20%.
Ahasolar Technologies Total Assets Historical Data
The historical data trend for Ahasolar 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.
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Ahasolar Technologies Total Assets Chart
Ahasolar Technologies Annual Data
Trend
Mar20
Mar21
Mar22
Mar23
Total Assets
13.86
8.55
23.74
52.56
Ahasolar Technologies Semi-Annual Data
Mar20
Mar21
Mar22
Mar23
Total Assets
13.86
8.55
23.74
52.56
Ahasolar Technologies 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.
Ahasolar Technologies's Total Assets for the fiscal year that ended in Mar. 2023 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.
Ahasolar Technologies (BOM:543941) Total Assets Explanation
Note:
The Net Income data used here is one times the 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.
Ahasolar Technologies's Asset Turnover for the quarter that ended in Mar. 2023 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.
Ahasolar Technologies Total Assets Related Terms
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Ahasolar Technologies (BOM:543941) Business Description
Ahasolar Technologies Ltd is engaged in the business of Cleantech enabling Energy Transition through Digital Transformation and henceforth empowering stakeholders to adopt renewable energy. Its primary focus in renewable energy has been in the solar industry and to cater to it the company developed an AI-based intelligent Solar Digital Platform. It has developed Software as a Service (SaaS) products for solar companies to streamline the processes, design PV, do project management, and monitor generation along with an integrated Marketplace to connect the demand & supply digitally. The company's core businesses are Solar Software Services, Solar Marketplace, and Solar Advisory and Consultancy services.
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