Shree Cement (NSE:SHREECEM) Total Assets : ₹279,535 Mil (As of Mar. 2024)

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What is Shree Cement Total Assets?

Shree Cement's Total Assets for the quarter that ended in Mar. 2024 was ₹279,535 Mil.

During the past 12 months, Shree Cement's average Total Assets Growth Rate was -3.30% per year. During the past 3 years, the average Total Assets Growth Rate was 8.80% per year. During the past 5 years, the average Total Assets Growth Rate was 9.10% per year.

During the past 13 years, Shree Cement's highest 3-Year average Total Assets Growth Rate was 49.60%. The lowest was 8.80%. And the median was 18.75%.

Total Assets is connected with ROA %. Shree Cement's annualized ROA % for the quarter that ended in Mar. 2024 was 9.66%. Total Assets is also linked to Revenue through Asset Turnover. Shree Cement's Asset Turnover for the quarter that ended in Mar. 2024 was 0.19.

Shree Cement Total Assets Historical Data

The historical data trend for Shree Cement'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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Shree Cement Total Assets Chart

Shree Cement Annual Data

Trend

Jun15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Assets

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199,441.50

215,131.70

237,488.80

263,339.40

279,534.70

Shree Cement Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															263,339.40	-	267,156.90	-	279,534.70

Shree Cement 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.

Shree Cement'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 )
	=	207440.4	+	72094.3
	=	279,535

Shree Cement'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 )
	=	207440.4	+	72094.3
	=	279,535

Shree Cement (NSE:SHREECEM) Total Assets Explanation

Total Assets is connected with ROA %.

Shree Cement'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 )
	=	26995.2	/	( (0	+	279534.7)	/ 1 )
	=	26995.2	/	279534.7
	=	9.66 %

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.

Shree Cement'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 )
=	54328.1	/	( (0	+	279534.7)	/ 1 )
=	54328.1	/	279534.7
=	0.19

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.

Shree Cement Total Assets Related Terms

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Shree Cement (NSE:SHREECEM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Shree Cement Ltd (NSE:SHREECEM) » Definitions » Total Assets

Traded in Other Exchanges

500387:India

Address

21 Strand Road, Kolkata, WB, IND, 700 001

Website

https://www.shreecement.com

Shree Cement Ltd manufactures and sells cement and cement-related products to the building and construction industries. It derives revenue from Cement, Clinker and Power sales, of which Cement products contribute majorly to the revenue. The Cement products are offered under the brands Shree Jung Rodhak and Bangur, among others. Nearly all of the firm's revenue comes from India.

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