Rane Engine Valve Limited
Rane Engine Valve Limited, together with its subsidiaries, manufactures and markets auto components for the internal combustion engine industry. The company offers engine valves, valve guides, and tappets for passenger cars, commercial vehicles, farm tractors, stationary engines, railway/marine engines, and two/three wheelers. It serves original equipment manufacturer and aftermarkets in India an… Read more
Rane Engine Valve Limited (RANEENGINE) - Total Assets
Latest total assets as of September 2024: ₹3.85 Billion INR
Based on the latest financial reports, Rane Engine Valve Limited (RANEENGINE) holds total assets worth ₹3.85 Billion INR as of September 2024.
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.
Rane Engine Valve Limited - Total Assets Trend (2007–2024)
This chart illustrates how Rane Engine Valve Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Rane Engine Valve Limited - Asset Composition Analysis
Current Asset Composition (March 2024)
Rane Engine Valve Limited's total assets of ₹3.85 Billion consist of 60.2% current assets and 39.8% non-current assets.
| Asset Category | Amount (INR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₹0.00 | 0.7% |
| Accounts Receivable | ₹1.14 Billion | 32.2% |
| Inventory | ₹873.00 Million | 24.7% |
| Property, Plant & Equipment | ₹0.00 | 0.0% |
| Intangible Assets | ₹4.00 Million | 0.1% |
| Goodwill | ₹0.00 | 0.0% |
Asset Composition Trend (2007–2024)
This chart illustrates how Rane Engine Valve 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Rane Engine Valve Limited's current assets represent 60.2% of total assets in 2024, an increase from 48.1% in 2007.
- Cash Position: Cash and equivalents constituted 0.7% of total assets in 2024, down from 1.6% 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 accounts receivable at 32.2% of total assets.
Rane Engine Valve Limited Competitors by Total Assets
Key competitors of Rane Engine Valve Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
| No similar companies found. | ||
Rane Engine Valve Limited - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Rane Engine Valve Limited generates 1.57x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Rane Engine Valve Limited generates $ 3.24 in net profit.
Rane Engine Valve 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 | 1.18 | 1.16 | 1.05 |
| Quick Ratio | 0.72 | 0.68 | 0.57 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ₹366.90 Million | ₹ 298.50 Million | ₹ 83.51 Million |
Rane Engine Valve Limited - Advanced Valuation Insights
This section examines the relationship between Rane Engine Valve 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 | 1.86 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 0.5% |
| Total Assets | ₹3.54 Billion |
| Market Capitalization | $9.82 Million USD |
Valuation Analysis
Below Book Valuation: The market values Rane Engine Valve Limited's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Rane Engine Valve Limited's assets grew by 0.5% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Rane Engine Valve Limited (2007–2024)
The table below shows the annual total assets of Rane Engine Valve Limited from 2007 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-03-31 | ₹3.54 Billion | +0.48% |
| 2023-03-31 | ₹3.52 Billion | +13.01% |
| 2022-03-31 | ₹3.12 Billion | +3.09% |
| 2021-03-31 | ₹3.02 Billion | -0.09% |
| 2020-03-31 | ₹3.03 Billion | -11.82% |
| 2019-03-31 | ₹3.43 Billion | +7.09% |
| 2018-03-31 | ₹3.20 Billion | +5.51% |
| 2017-03-31 | ₹3.04 Billion | -1.85% |
| 2016-03-31 | ₹3.09 Billion | -9.77% |
| 2015-03-31 | ₹3.43 Billion | +37.27% |
| 2014-03-31 | ₹2.50 Billion | -0.52% |
| 2013-03-31 | ₹2.51 Billion | -4.37% |
| 2012-03-31 | ₹2.63 Billion | +12.14% |
| 2011-03-31 | ₹2.34 Billion | +7.41% |
| 2010-03-31 | ₹2.18 Billion | +1.92% |
| 2009-03-31 | ₹2.14 Billion | +9.56% |
| 2008-03-31 | ₹1.95 Billion | +14.96% |
| 2007-03-31 | ₹1.70 Billion | -- |