Amber Enterprises India's Total Assets for the quarter that ended in Mar. 2024 was ₹65,932 Mil.
Warning Sign:
If a company builds assets at 22.3% a year, faster than its revenue growth rate of 18.8% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Amber Enterprises India's average Total Assets Growth Rate was 0.50% per year.
During the past 3 years, the average Total Assets Growth Rate was 21.70% per year.
During the past 5 years, the average Total Assets Growth Rate was 22.30% per year.
During the past 10 years, the average Total Assets Growth Rate was 24.00% per year.
During the past 12 years, Amber Enterprises India's highest 3-Year average Total Assets Growth Rate was 31.80%. The lowest was 14.50%. And the median was 24.50%.
* 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.
Amber Enterprises 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.
Amber Enterprises India (NSE:AMBER) 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.
Amber Enterprises 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.
Amber Enterprises India Total Assets Related Terms
Thank you for viewing the detailed overview of Amber Enterprises India's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Amber Enterprises India (NSE:AMBER) Business Description
Amber Enterprises India Ltd is a manufacturer of consumer durable products and its components. Geographically, it derives a majority of its revenue from India. The company offers products such as air conditioners, microwave ovens, refrigerators, washing machines, heat exchangers, multi-flow condensers, luminaries, plastic extrusion sheets, vacuum forming components, injection molding components, Printed Circuit Boards, sheet metal stamping, and others.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
NSE:AMBER has been successfully added to your 