Vital Chemtech (NSE:VITAL) Total Assets : ₹1,307 Mil (As of Sep. 2023)

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What is Vital Chemtech Total Assets?

Vital Chemtech's Total Assets for the quarter that ended in Sep. 2023 was ₹1,307 Mil.

During the past 3 years, the average Total Assets Growth Rate was 66.70% per year.

During the past 4 years, Vital Chemtech's highest 3-Year average Total Assets Growth Rate was 66.70%. The lowest was 66.70%. And the median was 66.70%.

Total Assets is connected with ROA %. Vital Chemtech's annualized ROA % for the quarter that ended in Sep. 2023 was 2.77%. Total Assets is also linked to Revenue through Asset Turnover. Vital Chemtech's Asset Turnover for the quarter that ended in Sep. 2023 was 0.37.

Vital Chemtech Total Assets Historical Data

The historical data trend for Vital Chemtech'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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Vital Chemtech Total Assets Chart

Vital Chemtech Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Total Assets

231.86

304.13

812.54

1,377.18

Vital Chemtech Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23
Total Assets	Get a 7-Day Free Trial			304.13	812.54	-	1,377.18	1,306.68

Vital Chemtech 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.

Vital Chemtech'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 )
	=	896.099	+	481.081
	=	1,377

Vital Chemtech'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 )
	=	878.869	+	427.808
	=	1,307

Vital Chemtech (NSE:VITAL) Total Assets Explanation

Total Assets is connected with ROA %.

Vital Chemtech's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %	=	Net Income (Q: Sep. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
	=	37.114	/	( (1377.18	+	1306.677)	/ 2 )
	=	37.114	/	1341.9285
	=	2.77 %

Note: The Net Income data used here is two times the semi-annual (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.

Vital Chemtech's Asset Turnover for the quarter that ended in Sep. 2023 is

	Asset Turnover
=	Revenue (Q: Sep. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
=	497.684	/	( (1377.18	+	1306.677)	/ 2 )
=	497.684	/	1341.9285
=	0.37

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.

Vital Chemtech Total Assets Related Terms

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Vital Chemtech (NSE:VITAL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Vital Chemtech Ltd (NSE:VITAL) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

S. G. Highway, Opposite Karnavati Club, B-406, Mondeal Heights, Ahmedabad, GJ, IND, 380015

Website

https://www.vitalgroup.co.in

Vital Chemtech Ltd is engaged in the business of manufacturing, producing, refining, processing, formulating, mixing, enriching, mining, importing, exporting, acquiring, inventing, buying, selling, exchanging, distributing, and otherwise trading and dealing in all kinds of mixtures, formlations, intermediates, derivatives, compounds, phosphorous based chemicals, fine chemicals, heavy chemicals, valence, inorganic and organic chemicals, source materials, intermediates, ingredients, mixtures, derivatives and compounds. The company's Products include Phosphorus Derivatives, Industrial Chemicals, Specialty Chemicals & Intermediates, Organophosphates, Polymers & Dispersants, and Wellness Products.

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