Redtape (BOM:543957) Total Assets : ₹15,884 Mil (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Redtape Total Assets?

Redtape's Total Assets for the quarter that ended in Mar. 2024 was ₹15,884 Mil.

Total Assets is connected with ROA %. Redtape's annualized ROA % for the quarter that ended in Mar. 2024 was 10.31%. Total Assets is also linked to Revenue through Asset Turnover. Redtape's Asset Turnover for the quarter that ended in Mar. 2024 was 0.32.

Redtape Total Assets Historical Data

The historical data trend for Redtape'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.

Redtape Total Assets Chart

Redtape Annual Data

Trend

Mar22

Mar23

Mar24

Total Assets

0.06

15,883.70

Redtape Quarterly Data
	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial				-	-	14,788.20	-	15,883.70

Redtape 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.

Redtape'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 )
	=	6484.3	+	9399.4
	=	15,884

Redtape'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 )
	=	6484.3	+	9399.4
	=	15,884

Redtape (BOM:543957) Total Assets Explanation

Total Assets is connected with ROA %.

Redtape's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	1638.4	/	( (0	+	15883.7)	/ 1 )
	=	1638.4	/	15883.7
	=	10.31 %

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.

Redtape's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	5068.6	/	( (0	+	15883.7)	/ 1 )
=	5068.6	/	15883.7
=	0.32

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.

Redtape Total Assets Related Terms

Thank you for viewing the detailed overview of Redtape's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Redtape (BOM:543957) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Redtape Ltd (BOM:543957) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

REDTAPE:India

Address

Plot No. 8, Sector 90, Gautam Buddha Nagar, Noida, UP, IND, 201301

Website

https://www.redtape.com

Redtape Ltd Is the finest brand of Footwear and Clothing for Men, Women and Kids. Its clothing and accessories categories with product offerings comprising casual and semi-formal apparel including shirts, t-shirts, trousers, denim, sweaters, jackets and accessories such as belts, socks, handkerchiefs and wallets. The brand also caters to fashion-conscious women and kids with a wide array of products.

Redtape (BOM:543957) Headlines

No Headlines