NEC Networks & System Integration (NEC Networks & System Integration) Total Assets : $1,902 Mil (As of Mar. 2024)

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What is NEC Networks & System Integration Total Assets?

NEC Networks & System Integration's Total Assets for the quarter that ended in Mar. 2024 was $1,902 Mil.

During the past 12 months, NEC Networks & System Integration's average Total Assets Growth Rate was 6.50% 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 5.10% per year. During the past 10 years, the average Total Assets Growth Rate was 3.50% per year.

During the past 13 years, NEC Networks & System Integration's highest 3-Year average Total Assets Growth Rate was 13.30%. The lowest was -5.70%. And the median was 3.60%.

Total Assets is connected with ROA %. NEC Networks & System Integration's annualized ROA % for the quarter that ended in Mar. 2024 was 11.10%. Total Assets is also linked to Revenue through Asset Turnover. NEC Networks & System Integration's Asset Turnover for the quarter that ended in Mar. 2024 was 0.40.

NEC Networks & System Integration Total Assets Historical Data

The historical data trend for NEC Networks & System Integration'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.

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NEC Networks & System Integration Total Assets Chart

NEC Networks & System Integration Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Assets

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2,138.48

2,303.04

2,147.97

1,997.54

1,901.61

NEC Networks & System Integration Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															1,997.54	1,759.62	1,729.43	1,768.71	1,901.61

NEC Networks & System Integration Total Assets Calculation

Total Assets are all the assets a company owns.

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.

NEC Networks & System Integration's Total Assets for the fiscal year that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (A: Mar. 2024 )	+	Total Liabilities (A: Mar. 2024 )
	=	1051.138	+	850.475
	=	1,902

NEC Networks & System Integration's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	1051.138	+	850.475
	=	1,902

NEC Networks & System Integration (OTCPK:NNSCF) Total Assets Explanation

Total Assets is connected with ROA %.

NEC Networks & System Integration's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	203.74	/	( (1768.706	+	1901.613)	/ 2 )
	=	203.74	/	1835.1595
	=	11.10 %

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.

NEC Networks & System Integration's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	734.662	/	( (1768.706	+	1901.613)	/ 2 )
=	734.662	/	1835.1595
=	0.40

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.

NEC Networks & System Integration Total Assets Related Terms

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NEC Networks & System Integration (NEC Networks & System Integration) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » NEC Networks & System Integration Corp (OTCPK:NNSCF) » Definitions » Total Assets

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1973:Japan

Address

2-6-1 Koraku, Bunkyo-ku, Iidabashi First Tower, Tokyo, JPN, 112-8560

Website

http://www.nesic.co.jp

NEC Networks and System Integration Corp provides a variety of information technology, or IT, services. The company also sells IT products, which include servers, video conferencing systems, network systems, security systems, and software. The firm's range of services includes office space design, cloud computing, communication, networks, security, energy conservation, public IT infrastructure, and supporting services. More revenue comes from the sale of network-related products and services than any other IT product or service. The vast majority of revenue comes from Japan.