Japan Exchange Group's Total Assets for the quarter that ended in Mar. 2024 was $538,535 Mil.
Warning Sign:
If a company builds assets at 8.3% a year, faster than its revenue growth rate of 5.2% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Japan Exchange Group's average Total Assets Growth Rate was -1.90% per year.
During the past 3 years, the average Total Assets Growth Rate was 10.40% per year.
During the past 5 years, the average Total Assets Growth Rate was 8.30% per year.
During the past 10 years, the average Total Assets Growth Rate was 15.60% per year.
During the past 13 years, Japan Exchange Group's highest 3-Year average Total Assets Growth Rate was 307.40%. The lowest was -4.80%. And the median was 20.05%.
The historical data trend for Japan Exchange Group'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.
Japan Exchange Group'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.
Japan Exchange Group (OTCPK:JPXGY) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Mar. 2024) 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.
Japan Exchange Group's Asset Turnover for the quarter that ended in Mar. 2024 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.
Japan Exchange Group Total Assets Related Terms
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Japan Exchange Group (Japan Exchange Group) Business Description
Japan Exchange Group is a vertically integrated securities exchange business, which includes the Tokyo Stock Exchange, Osaka Exchange, and Tokyo Commodity Exchange. JPX ranks among the top five largest stock exchange operators in the world by market capitalization, and its Nikkei 225 and Topix derivatives products are some of the most widely traded derivatives products in the world.
Japan Exchange Group (Japan Exchange Group) Headlines
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