Happy Forgings Limited (HAPPYFORGE) — Net Asset Momentum
Happy Forgings Limited (HAPPYFORGE) recorded a net asset momentum of 14.7% as of September 2024, with net assets of Rs18.50 Billion INR. Net Asset Momentum measures the year-over-year percentage change in net assets (total assets minus total liabilities), indicating how rapidly the company is building or eroding its equity base. See Happy Forgings Limited net assets for net asset value and shareholders' equity analysis.
YoY Momentum
Current Net Assets
Years of Data
Country
Happy Forgings Limited Net Asset Momentum (2019–2024)
This chart tracks Happy Forgings Limited's year-over-year net asset growth across 6 annual reporting periods from 2019 to 2024. The most recent momentum reading is +14.7%, with net assets of Rs18.50 Billion INR as of September 2024. For live market cap and overall valuation, see HAPPYFORGE stock market capitalisation.
Annual Net Asset History for Happy Forgings Limited (2019–2024)
The table below shows the complete annual net asset history for Happy Forgings Limited from 2019 to 2024, covering 6 yearly periods. Each row includes total assets, total liabilities, net assets, and the year-over-year momentum figure for that period. Check Happy Forgings Limited tangible book value ratio to evaluate the tangible quality of the company's equity base.
| Year | Net Assets (INR) | Total Assets | Total Liabilities | YoY Momentum |
|---|---|---|---|---|
| 2024 | Rs18.50 Billion | Rs22.15 Billion | Rs3.66 Billion | ▲ +14.7% |
| 2023 | Rs16.12 Billion | Rs18.86 Billion | Rs2.73 Billion | ▲ +63.2% |
| 2022 | Rs9.88 Billion | Rs13.26 Billion | Rs3.38 Billion | ▲ +25.5% |
| 2021 | Rs7.88 Billion | Rs11.30 Billion | Rs3.42 Billion | ▲ +22.1% |
| 2020 | Rs6.45 Billion | Rs8.76 Billion | Rs2.31 Billion | ▲ +15.5% |
| 2019 | Rs5.58 Billion | Rs7.63 Billion | Rs2.05 Billion | — |