Libas Consumer Products (NSE:LIBAS) Total Assets : ₹1,055.1 Mil (As of Sep. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Libas Consumer Products Total Assets?

Libas Consumer Products's Total Assets for the quarter that ended in Sep. 2023 was ₹1,055.1 Mil.

Warning Sign:

If a company builds assets at 13.2% a year, faster than its revenue growth rate of 7.4% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Libas Consumer Products's average Total Assets Growth Rate was 26.30% per year. During the past 3 years, the average Total Assets Growth Rate was 12.60% per year. During the past 5 years, the average Total Assets Growth Rate was 13.20% per year. During the past 10 years, the average Total Assets Growth Rate was 26.40% per year.

During the past 12 years, Libas Consumer Products's highest 3-Year average Total Assets Growth Rate was 49.70%. The lowest was 10.50%. And the median was 23.90%.

Total Assets is connected with ROA %. Libas Consumer Products's annualized ROA % for the quarter that ended in Sep. 2023 was 7.61%. Total Assets is also linked to Revenue through Asset Turnover. Libas Consumer Products's Asset Turnover for the quarter that ended in Sep. 2023 was 0.15.

Libas Consumer Products Total Assets Historical Data

The historical data trend for Libas Consumer Products'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.

Libas Consumer Products Total Assets Chart

Libas Consumer Products Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Assets

Get a 7-Day Free Trial

522.20

648.88

655.69

721.88

941.41

Libas Consumer Products Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Total Assets	Get a 7-Day Free Trial															830.29	-	941.41	-	1,055.14

Libas Consumer Products 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.

Libas Consumer Products's Total Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Assets	=	Total Equity (A: Mar. 2023 )	+	Total Liabilities (A: Mar. 2023 )
	=	728.913	+	212.494
	=	941.4

Libas Consumer Products's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2023 )	+	Total Liabilities (Q: Sep. 2023 )
	=	728.982	+	326.161
	=	1,055.1

Libas Consumer Products (NSE:LIBAS) Total Assets Explanation

Total Assets is connected with ROA %.

Libas Consumer Products's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %	=	Net Income (Q: Sep. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
	=	80.268	/	( (0	+	1055.143)	/ 1 )
	=	80.268	/	1055.143
	=	7.61 %

Note: The Net Income data used here is four times the quarterly (Sep. 2023) 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.

Libas Consumer Products's Asset Turnover for the quarter that ended in Sep. 2023 is

	Asset Turnover
=	Revenue (Q: Sep. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
=	158.223	/	( (0	+	1055.143)	/ 1 )
=	158.223	/	1055.143
=	0.15

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.

Libas Consumer Products Total Assets Related Terms

Thank you for viewing the detailed overview of Libas Consumer Products's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Libas Consumer Products (NSE:LIBAS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Libas Consumer Products Ltd (NSE:LIBAS) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Off New Link Road, Lokhanwala Complex, 401, 4th Floor, Crescent Royale, Andheri (West), Mumbai, MH, IND, 400053

Website

https://www.riyazgangjilibasconsumerproductltd.com

Libas Consumer Products Ltd is an Indian firm engaged in the business of manufacturing apparel. The company offers clothing for men and women which includes shirts, trousers, blazers, jackets, suits, sarees, among others. The business operates in a single segment being manufacturing and dealing in textiles. It derives revenue from the domestic sale of goods.

Libas Consumer Products (NSE:LIBAS) Headlines

No Headlines