Sanken Electric Co's Total Assets for the quarter that ended in Dec. 2023 was $2,556 Mil.
Warning Sign:
If a company builds assets at 15% a year, faster than its revenue growth rate of 8.3% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Sanken Electric Co's average Total Assets Growth Rate was 40.90% per year.
During the past 3 years, the average Total Assets Growth Rate was 24.50% per year.
During the past 5 years, the average Total Assets Growth Rate was 15.00% per year.
During the past 10 years, the average Total Assets Growth Rate was 5.30% per year.
During the past 13 years, Sanken Electric Co's highest 3-Year average Total Assets Growth Rate was 24.50%. The lowest was -13.20%. And the median was 4.10%.
The historical data trend for Sanken Electric 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.
Sanken Electric 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.
Sanken Electric Co (OTCPK:SANJF) Total Assets Explanation
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.
Sanken Electric 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.
Sanken Electric Co Total Assets Related Terms
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Sanken Electric Co (Sanken Electric Co) Business Description
Sanken Electric Co Ltd manufactures, sells, and purchases electric equipment and apparatuses. Its product lineup includes semiconductors, power line filters, inverters, DC power supplies, and other items. Products are offered to the automotive, power supply, LED, and other markets for purposes such as meeting global energy conservation regulations. Semiconductors are the company's leading sales generator and find use in automobiles, home appliances, and industrial automation. In addition to having its equipment manufactured domestically (Japan), and in regions such as North America, the company has stationed sales offices in each region to work with clients and meet specific needs.
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