Denka Co's Total Assets for the quarter that ended in Dec. 2023 was $4,422 Mil.
During the past 12 months, Denka Co's average Total Assets Growth Rate was 1.60% per year.
During the past 3 years, the average Total Assets Growth Rate was 5.10% per year.
During the past 5 years, the average Total Assets Growth Rate was 5.00% per year.
During the past 10 years, the average Total Assets Growth Rate was 3.30% per year.
During the past 13 years, Denka Co's highest 3-Year average Total Assets Growth Rate was 6.60%. The lowest was -5.10%. And the median was 2.20%.
Total Assets is connected with ROA %. Denka Co's annualizedROA % for the quarter that ended in Dec. 2023 was -1.91%. Total Assets is also linked to Revenue through Asset Turnover. Denka Co's Asset Turnover for the quarter that ended in Dec. 2023 was 0.16.
Denka Co Total Assets Historical Data
The historical data trend for Denka Co'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.
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.
Denka Co's Total Assets for the fiscal year that ended in Mar. 2024 is calculated as
* 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.
Note:
The Net Income data used here is four times the quarterly (Dec. 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.
Denka Co's Asset Turnover for the quarter that ended in Dec. 2023 is
* 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.
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.
Denka Co Total Assets Related Terms
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Denka Co Ltd manufactures and sells chemicals, plastics, and chemical-based products. The firm organizes itself into four segments based on product type. The elastomers and performance plastics segment, which generates more revenue than any other segment, sells rubber products used by the automotive industry and plastics used to manufacture electronics including televisions. The infrastructure and social solutions segment sells cement and fertilizer to the construction and building industries. The electronics and innovative products segment sells film, and resins used by the electronics industry. The life science and environment products segment sells housing materials including rain gutters, plastic food packaging materials, and industrial materials including electrical tape.
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