Mahindra & Mahindra Financial Services (NSE:M&MFIN) Total Assets : ₹1,237,158 Mil (As of Mar. 2024)

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What is Mahindra & Mahindra Financial Services Total Assets?

Mahindra & Mahindra Financial Services's Total Assets for the quarter that ended in Mar. 2024 was ₹1,237,158 Mil.

During the past 12 months, Mahindra & Mahindra Financial Services's average Total Assets Growth Rate was 20.60% per year. During the past 3 years, the average Total Assets Growth Rate was 13.60% per year. During the past 5 years, the average Total Assets Growth Rate was 9.10% per year. During the past 10 years, the average Total Assets Growth Rate was 12.80% per year.

During the past 13 years, Mahindra & Mahindra Financial Services's highest 3-Year average Total Assets Growth Rate was 41.60%. The lowest was 2.40%. And the median was 17.10%.

Total Assets is connected with ROA %. Mahindra & Mahindra Financial Services's annualized ROA % for the quarter that ended in Mar. 2024 was 2.17%. Total Assets is also linked to Revenue through Asset Turnover. Mahindra & Mahindra Financial Services's Asset Turnover for the quarter that ended in Mar. 2024 was 0.02.

Mahindra & Mahindra Financial Services Total Assets Historical Data

The historical data trend for Mahindra & Mahindra Financial Services'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.

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Mahindra & Mahindra Financial Services Total Assets Chart

Mahindra & Mahindra Financial Services Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Assets

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817,925.80

856,009.90

838,086.50

1,050,847.70

1,237,157.90

Mahindra & Mahindra Financial Services Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															-	1,050,847.70	1,132,643.70	-	1,237,157.90

Mahindra & Mahindra Financial Services 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.

Mahindra & Mahindra Financial Services's Total Assets for the fiscal year that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (A: Mar. 2024 )	+	Total Liabilities (A: Mar. 2024 )
	=	199748.6	+	1037409.3
	=	1,237,158

Mahindra & Mahindra Financial Services's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	199748.6	+	1037409.3
	=	1,237,158

Mahindra & Mahindra Financial Services (NSE:M&MFIN) Total Assets Explanation

Total Assets is connected with ROA %.

Mahindra & Mahindra Financial Services's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	26814	/	( (0	+	1237157.9)	/ 1 )
	=	26814	/	1237157.9
	=	2.17 %

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.

Mahindra & Mahindra Financial Services's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	22135.6	/	( (0	+	1237157.9)	/ 1 )
=	22135.6	/	1237157.9
=	0.02

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.

Mahindra & Mahindra Financial Services Total Assets Related Terms

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Mahindra & Mahindra Financial Services (NSE:M&MFIN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Mahindra & Mahindra Financial Services Ltd (NSE:M&MFIN) » Definitions » Total Assets

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Traded in Other Exchanges

532720:India

Address

Dr. G M. Bhosale Marg, 4th Floor, Mahindra Towers, A Wing, P.K. Kurne Chowk, Worli, Mumbai, MH, IND, 400 018

Website

https://www.mahindrafinance.com

Mahindra & Mahindra Financial Services Ltd is a subsidiary of the Indian conglomerate Mahinda & Mahindra. The company is a nonbanking financial company that serves the financing needs of a sizable population residing in nonmetropolitan areas of India. The company provides a wide range of retail products and services, including financing vehicles for commercial and personal use, tractors, small to medium enterprise loans, and other financial products. The company also operates in other niche markets. It has introduced mutual fund distributions, fixed deposit products, and personal loans. The company's main source of revenue is interest income from its loans.

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