Ankit Metal & Power Limited (ANKITMETAL) - Total Assets
Based on the latest financial reports, Ankit Metal & Power Limited (ANKITMETAL) holds total assets worth Rs11.78 Billion INR (≈ $127.37 Million USD) as of September 2023. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Explore Ankit Metal & Power Limited (ANKITMETAL) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Ankit Metal & Power Limited - Total Assets Trend (2007–2023)
This chart illustrates how Ankit Metal & Power Limited's total assets have evolved over time, based on quarterly financial data. See Ankit Metal & Power Limited shareholders equity for net asset value and shareholders' equity analysis.
Ankit Metal & Power Limited - Asset Composition Analysis
Current Asset Composition (March 2023)
Ankit Metal & Power Limited's total assets of Rs11.78 Billion consist of 60.2% current assets and 39.8% non-current assets.
| Asset Category | Amount (INR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Rs10.94 Million | 0.1% |
| Accounts Receivable | Rs614.87 Million | 5.2% |
| Inventory | Rs5.72 Billion | 47.9% |
| Property, Plant & Equipment | Rs4.73 Billion | 39.6% |
| Intangible Assets | Rs0.00 | 0.0% |
| Goodwill | Rs0.00 | 0.0% |
Asset Composition Trend (2007–2023)
This chart illustrates how Ankit Metal & Power Limited's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see ANKITMETAL market cap overview.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Ankit Metal & Power Limited's current assets represent 60.2% of total assets in 2023, an increase from 50.7% in 2007.
- Cash Position: Cash and equivalents constituted 0.1% of total assets in 2023, down from 0.7% in 2007.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2007.
- Asset Diversification: The largest asset category is inventory at 47.9% of total assets.
Ankit Metal & Power Limited Competitors by Total Assets
Key competitors of Ankit Metal & Power Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Jindal Steel & Power Limited
NSE:JINDALSTEL
|
India | Rs977.62 Billion |
|
Jindal Stainless Limited
NSE:JSL
|
India | Rs407.04 Billion |
|
Inner Mongolia Dazhong Mining Co Ltd
SHE:001203
|
China | CN¥17.05 Billion |
|
Hunan Valin Steel Co Ltd
SHE:000932
|
China | CN¥154.67 Billion |
|
BCI Minerals Ltd
AU:BCI
|
Australia | AU$1.20 Billion |
|
Anyang Iron & Steel Inc
SHG:600569
|
China | CN¥46.68 Billion |
|
Zhejiang Huada New Materials Co Ltd
SHG:605158
|
China | CN¥8.40 Billion |
|
Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS Class B
IS:KRDMB
|
Turkey | TL99.54 Billion |
Ankit Metal & Power Limited - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.33 | 0.34 | 0.57 |
| Quick Ratio | 0.12 | 0.06 | 0.22 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | Rs-14.73 Billion | Rs-12.65 Billion | Rs-6.72 Billion |
Ankit Metal & Power Limited - Advanced Valuation Insights
This section examines the relationship between Ankit Metal & Power Limited's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -2.0% |
| Total Assets | Rs11.95 Billion |
| Market Capitalization | $2.47 Million USD |
Valuation Analysis
Below Book Valuation: The market values Ankit Metal & Power Limited's assets below their book value (0.00x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Ankit Metal & Power Limited's assets decreased by 2.0% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Ankit Metal & Power Limited (2007–2023)
The table below shows the annual total assets of Ankit Metal & Power Limited from 2007 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-03-31 | Rs11.95 Billion ≈ $129.24 Million |
-1.99% |
| 2022-03-31 | Rs12.19 Billion ≈ $131.87 Million |
+0.24% |
| 2021-03-31 | Rs12.16 Billion ≈ $131.56 Million |
-4.62% |
| 2020-03-31 | Rs12.75 Billion ≈ $137.93 Million |
-10.82% |
| 2019-03-31 | Rs14.30 Billion ≈ $154.66 Million |
-3.72% |
| 2018-03-31 | Rs14.85 Billion ≈ $160.63 Million |
-8.15% |
| 2017-03-31 | Rs16.17 Billion ≈ $174.88 Million |
-14.85% |
| 2016-03-31 | Rs18.99 Billion ≈ $205.38 Million |
-3.01% |
| 2015-03-31 | Rs19.58 Billion ≈ $211.76 Million |
+10.87% |
| 2014-03-31 | Rs17.66 Billion ≈ $191.00 Million |
+6.64% |
| 2013-03-31 | Rs16.56 Billion ≈ $179.11 Million |
+27.91% |
| 2012-03-31 | Rs12.95 Billion ≈ $140.03 Million |
+66.18% |
| 2011-03-31 | Rs7.79 Billion ≈ $84.27 Million |
+80.75% |
| 2010-03-31 | Rs4.31 Billion ≈ $46.62 Million |
+10.78% |
| 2009-03-31 | Rs3.89 Billion ≈ $42.08 Million |
+26.67% |
| 2008-03-31 | Rs3.07 Billion ≈ $33.22 Million |
+39.48% |
| 2007-03-31 | Rs2.20 Billion ≈ $23.82 Million |
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About Ankit Metal & Power Limited
Ankit Metal & Power Limited manufactures and sells iron and steel products in India. The company offers sponge iron, M.S. billets, TMT bars, pig iron, silico manganese, power, ferro silicon, wire Rods, and rolled products. It serves real estate developers, construction units, forging units, wire drawing units, railways, and engineering industries. The company was incorporated in 2002 and is based… Read more