Gul Ahmed Textile Mills's Total Assets for the quarter that ended in Mar. 2024 was ₨146,834 Mil.
Warning Sign:
If a company builds assets at 27% a year, faster than its revenue growth rate of 22.4% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Gul Ahmed Textile Mills's average Total Assets Growth Rate was 3.20% per year.
During the past 3 years, the average Total Assets Growth Rate was 23.00% per year.
During the past 5 years, the average Total Assets Growth Rate was 27.00% per year.
During the past 10 years, the average Total Assets Growth Rate was 21.90% per year.
During the past 13 years, Gul Ahmed Textile Mills's highest 3-Year average Total Assets Growth Rate was 32.50%. The lowest was 6.00%. And the median was 19.55%.
* 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.
Gul Ahmed Textile Mills's Total Assets for the fiscal year that ended in Jun. 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.
Gul Ahmed Textile Mills (KAR:GATM) 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.
Gul Ahmed Textile Mills'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.
Gul Ahmed Textile Mills Total Assets Related Terms
Thank you for viewing the detailed overview of Gul Ahmed Textile Mills's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Gul Ahmed Textile Mills (KAR:GATM) Business Description
Gul Ahmed Textile Mills Ltd is engaged in the manufacturing and selling of textile products. The company's segments are Spinning which includes the production of different yarn using natural and artificial fibers, Weaving segment caters to in-house requirements for home textile, retail and distribution, and apparel division, Retail and Distribution segment is involved in retail sales through a chain of IDEAS retails outlets and its distribution channels. and Processing, Home Textile and Apparel segment deals in processing greige fabrics into various types of finished fabrics. It generates a majority of its revenue from the Home Textile segment.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
KAR:GATM has been successfully added to your 