Open House Group Co's Total Assets for the quarter that ended in Mar. 2024 was $8,838 Mil.
Warning Sign:
If a company builds assets at 26.2% a year, faster than its revenue growth rate of 21% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Open House Group Co's average Total Assets Growth Rate was 24.90% per year.
During the past 3 years, the average Total Assets Growth Rate was 31.60% per year.
During the past 5 years, the average Total Assets Growth Rate was 26.20% per year.
During the past 10 years, the average Total Assets Growth Rate was 30.80% per year.
During the past 12 years, Open House Group Co's highest 3-Year average Total Assets Growth Rate was 38.20%. The lowest was 25.50%. And the median was 31.20%.
The historical data trend for Open House Group 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.
Open House Group Co's Total Assets for the fiscal year that ended in Sep. 2023 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.
Open House Group Co (OTCPK:OPPPF) 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.
Open House Group Co'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.
Open House Group Co Total Assets Related Terms
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Open House Group Co (Open House Group Co) Business Description
Open House Group Co Ltd is principally engaged in real estate businesses, including real estate brokerage, single-family home development and sales, condominium development and sales, real estate investment, real estate financing, and other related services. The company comprises six operating segments: brokerage, single-family homes, Asakawa Home, condominiums, property resale, and others. The single-family homes segment delivers approximately half of group revenue, and the property resale segment contributes to the next most significant portion of revenue. Open House's sales centers are mainly located in Tokyo and surrounding areas.
Open House Group Co (Open House Group Co) Headlines
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