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De Neers Tools (NSE:DENEERS) Total Assets : ₹993.4 Mil (As of Mar. 2022)


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What is De Neers Tools Total Assets?

De Neers Tools's Total Assets for the quarter that ended in Mar. 2022 was ₹993.4 Mil.

Total Assets is connected with ROA %. De Neers Tools's annualized ROA % for the quarter that ended in Mar. 2022 was 6.29%. Total Assets is also linked to Revenue through Asset Turnover. De Neers Tools's Asset Turnover for the quarter that ended in Mar. 2022 was 0.98.

De Neers Tools Total Assets Historical Data

The historical data trend for De Neers Tools'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.

De Neers Tools Total Assets Chart

De Neers Tools Annual Data
Trend Mar20 Mar21 Mar22
Total Assets
557.04 611.13 993.35

De Neers Tools Semi-Annual Data
Mar20 Mar21 Mar22
Total Assets 557.04 611.13 993.35

De Neers Tools 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.

De Neers Tools's Total Assets for the fiscal year that ended in Mar. 2022 is calculated as

Total Assets=Total Equity (A: Mar. 2022 )+Total Liabilities (A: Mar. 2022 )
=238.227+755.125
=993.4

De Neers Tools's Total Assets for the quarter that ended in Mar. 2022 is calculated as

Total Assets=Total Equity (Q: Mar. 2022 )+Total Liabilities (Q: Mar. 2022 )
=238.227+755.125
=993.4

* 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.

De Neers Tools  (NSE:DENEERS) Total Assets Explanation

Total Assets is connected with ROA %.

De Neers Tools's annualized ROA % for the quarter that ended in Mar. 2022 is

ROA %=Net Income (Q: Mar. 2022 )/( (Total Assets (Q: Mar. 2021 )+Total Assets (Q: Mar. 2022 ))/ count )
=50.443/( (611.128+993.352)/ 2 )
=50.443/802.24
=6.29 %

Note: The Net Income data used here is one times the annual (Mar. 2022) 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.

De Neers Tools's Asset Turnover for the quarter that ended in Mar. 2022 is

Asset Turnover
=Revenue (Q: Mar. 2022 )/( (Total Assets (Q: Mar. 2021 )+Total Assets (Q: Mar. 2022 ))/ count )
=789.872/( (611.128+993.352)/ 2 )
=789.872/802.24
=0.98

* 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.

De Neers Tools Total Assets Related Terms

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De Neers Tools (NSE:DENEERS) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » De Neers Tools Ltd (NSE:DENEERS) » Definitions » Total Assets
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BOM:522017 BOM:531306 BOM:505299 BOM:505827 BOM:530621 BOM:507998 BOM:535458 BOM:531233 BOM:522005 BOM:517514 HKSE:00669 SNA SWK LECO TTC OSTO:SKF B TSE:6586 RBC TKR TSE:9962
Traded in Other Exchanges
N/A
Address
Plot No. 468, Ground Floor, Industrial Area, Patparganj, Delhi, IND, 110092
Website
https://www.deneerstools.com
De Neers Tools Ltd is a hand tools suppliers in India. The company aims to provide hand tools of the utmost quality that are worth Its customers' money. It continuously works on innovation and research to develop products that can bring a kind of revolution in the hand tool industry. Its products includes Spanners, Wrenches, Pliers, Cutters, Allen keys, Hammers, sockets, Screw Drivers, Tool Kits, Tool Cabinets, Trolleys, etc. It is also specialized in providing Safety Tools like Non-Sparking Tools, Insulated Steel Tools, Non-Sparking Insulated Tools, Stainless Steel Anti-magnetic Tools, and Titanium Tools, with other range of hand tools. The company is predominantly engaged in wholesale trading of hardware & tools which constitutes a single business segment.

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