Sangani Hospitals (NSE:SANGANI) Total Assets : ₹195.9 Mil (As of Mar. 2023)

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What is Sangani Hospitals Total Assets?

Sangani Hospitals's Total Assets for the quarter that ended in Mar. 2023 was ₹195.9 Mil.

During the past 12 months, Sangani Hospitals's average Total Assets Growth Rate was 141.10% per year. During the past 3 years, the average Total Assets Growth Rate was 129.90% per year.

During the past 4 years, Sangani Hospitals's highest 3-Year average Total Assets Growth Rate was 129.90%. The lowest was 129.90%. And the median was 129.90%.

Total Assets is connected with ROA %. Sangani Hospitals's annualized ROA % for the quarter that ended in Mar. 2023 was 9.42%. Total Assets is also linked to Revenue through Asset Turnover. Sangani Hospitals's Asset Turnover for the quarter that ended in Mar. 2023 was 1.00.

Sangani Hospitals Total Assets Historical Data

The historical data trend for Sangani Hospitals'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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Sangani Hospitals Total Assets Chart

Sangani Hospitals Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Total Assets

33.04

29.92

118.95

195.90

Sangani Hospitals Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23
Total Assets	33.04	29.92	118.95	195.90

Sangani Hospitals 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.

Sangani Hospitals'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 )
	=	180.022	+	15.879
	=	195.9

Sangani Hospitals's Total Assets for the quarter that ended in Mar. 2023 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2023 )	+	Total Liabilities (Q: Mar. 2023 )
	=	180.022	+	15.879
	=	195.9

Sangani Hospitals (NSE:SANGANI) Total Assets Explanation

Total Assets is connected with ROA %.

Sangani Hospitals's annualized ROA % for the quarter that ended in Mar. 2023 is

ROA %	=	Net Income (Q: Mar. 2023 )	/	( (Total Assets (Q: Mar. 2022 )	+	Total Assets (Q: Mar. 2023 ))	/ count )
	=	14.837	/	( (118.954	+	195.901)	/ 2 )
	=	14.837	/	157.4275
	=	9.42 %

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

Sangani Hospitals's Asset Turnover for the quarter that ended in Mar. 2023 is

	Asset Turnover
=	Revenue (Q: Mar. 2023 )	/	( (Total Assets (Q: Mar. 2022 )	+	Total Assets (Q: Mar. 2023 ))	/ count )
=	156.679	/	( (118.954	+	195.901)	/ 2 )
=	156.679	/	157.4275
=	1.00

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.

Sangani Hospitals Total Assets Related Terms

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Sangani Hospitals (NSE:SANGANI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Sangani Hospitals Ltd (NSE:SANGANI) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

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Address

Sainath Society, Opp. S. T, Village Keshod, Junagadh, GJ, IND, 362220

Website

https://www.sanganihospitals.com

Sangani Hospitals Ltd is a multi-specialty healthcare provider operating in the Keshod and Veraval regions of Gujarat with a combined bed capacity of 68 beds. Its services predominantly includes super specialty services, specialty services and other support services. It also operates a pathology laboratory and medical store. Currently, It operates out of two hospitals i.e. Sangani Hospital at Keshod, Junagadh, Gujarat and Sangani Super Speciality Hospital, Veraval, Gujarat. Sangani Hospital is 36 beds multi-specialty hospital with primary, secondary and tertiary care facilities.

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