HDFC Asset Management Co's Total Assets for the quarter that ended in Mar. 2024 was ₹75,539 Mil.
Warning Sign:
If a company builds assets at 19.9% a year, faster than its revenue growth rate of 5.4% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, HDFC Asset Management Co's average Total Assets Growth Rate was 39.00% per year.
During the past 3 years, the average Total Assets Growth Rate was 23.70% per year.
During the past 5 years, the average Total Assets Growth Rate was 19.90% per year.
During the past 10 years, the average Total Assets Growth Rate was 30.70% per year.
During the past 11 years, HDFC Asset Management Co's highest 3-Year average Total Assets Growth Rate was 61.20%. The lowest was 8.20%. And the median was 30.95%.
* 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.
HDFC Asset Management Co'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.
HDFC Asset Management Co (NSE:HDFCAMC) 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.
HDFC Asset Management Co'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.
HDFC Asset Management Co Total Assets Related Terms
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HDFC Asset Management Co (NSE:HDFCAMC) Business Description
HDFC Asset Management Co Ltd is an asset management company. The company is in the business of providing asset management services to HDFC Mutual Fund and portfolio management and advisory services to clients. Geographically, it derives a majority of revenue from within India.
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