JSW Steel's Total Assets for the quarter that ended in Mar. 2024 was ₹2,281,980 Mil.
During the past 12 months, JSW Steel's average Total Assets Growth Rate was 12.40% per year.
During the past 3 years, the average Total Assets Growth Rate was 16.80% per year.
During the past 5 years, the average Total Assets Growth Rate was 15.70% per year.
During the past 10 years, the average Total Assets Growth Rate was 11.50% per year.
During the past 13 years, JSW Steel's highest 3-Year average Total Assets Growth Rate was 45.70%. The lowest was 3.00%. And the median was 16.80%.
Total Assets is connected with ROA %. JSW Steel's annualizedROA % for the quarter that ended in Mar. 2024 was 2.28%. Total Assets is also linked to Revenue through Asset Turnover. JSW Steel's Asset Turnover for the quarter that ended in Mar. 2024 was 0.20.
JSW Steel Total Assets Historical Data
The historical data trend for JSW Steel'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.
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.
JSW Steel'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.
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.
JSW Steel'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.
JSW Steel Total Assets Related Terms
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JSW Steel Ltd is an India-based company that is engaged in the business of manufacturing and selling steel products. Its steel products include semis, hot-rolled steel, cold-rolled steel, galvanized steel, color-coated steel, and long products. Its flat steel products (including hot-rolled, cold-rolled, and galvanized products), which account for the majority of the company's steel volume, are used in Indian automotive, construction, infrastructure, engineering, and consumer durable industries. Its long products, which account for the second-largest share of the company's steel volume, are used in the Indian construction, infrastructure, and automotive industries. The company generates the majority of its revenue from the Indian domestic market.
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