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Sankei Real Estate (TSE:2972) Total Assets : 円112,236 Mil (As of Aug. 2023)


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What is Sankei Real Estate Total Assets?

Sankei Real Estate's Total Assets for the quarter that ended in Aug. 2023 was 円112,236 Mil.

During the past 12 months, Sankei Real Estate's average Total Assets Growth Rate was 5.50% per year. During the past 3 years, the average Total Assets Growth Rate was 13.80% per year.

During the past 5 years, Sankei Real Estate's highest 3-Year average Total Assets Growth Rate was 29.30%. The lowest was 13.80%. And the median was 21.55%.

Total Assets is connected with ROA %. Sankei Real Estate's annualized ROA % for the quarter that ended in Aug. 2023 was 2.07%. Total Assets is also linked to Revenue through Asset Turnover. Sankei Real Estate's Asset Turnover for the quarter that ended in Aug. 2023 was 0.03.


Sankei Real Estate Total Assets Historical Data

The historical data trend for Sankei Real Estate'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.

* Premium members only.

Sankei Real Estate Total Assets Chart

Sankei Real Estate Annual Data
Trend Aug19 Aug20 Aug21 Aug22 Aug23
Total Assets
48,718.66 76,195.28 79,848.47 106,553.68 112,235.82

Sankei Real Estate Semi-Annual Data
Apr19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only 106,523.34 106,553.68 105,828.21 112,235.82 -

Sankei Real Estate 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.

Sankei Real Estate's Total Assets for the fiscal year that ended in Aug. 2023 is calculated as

Total Assets=Total Equity (A: Aug. 2023 )+Total Liabilities (A: Aug. 2023 )
=50565.303+61670.516
=112,236

Sankei Real Estate's Total Assets for the quarter that ended in Aug. 2023 is calculated as

Total Assets=Total Equity (Q: Aug. 2023 )+Total Liabilities (Q: Aug. 2023 )
=50565.303+61670.516
=112,236

* 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.


Sankei Real Estate  (TSE:2972) Total Assets Explanation

Total Assets is connected with ROA %.

Sankei Real Estate's annualized ROA % for the quarter that ended in Aug. 2023 is

ROA %=Net Income (Q: Aug. 2023 )/( (Total Assets (Q: Feb. 2023 )+Total Assets (Q: Aug. 2023 ))/ count )
=2259.224/( (105828.211+112235.819)/ 2 )
=2259.224/109032.015
=2.07 %

Note: The Net Income data used here is two times the semi-annual (Aug. 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.

Sankei Real Estate's Asset Turnover for the quarter that ended in Aug. 2023 is

Asset Turnover
=Revenue (Q: Aug. 2023 )/( (Total Assets (Q: Feb. 2023 )+Total Assets (Q: Aug. 2023 ))/ count )
=2751.324/( (105828.211+112235.819)/ 2 )
=2751.324/109032.015
=0.03

* 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.

Sankei Real Estate Total Assets Related Terms

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Sankei Real Estate (TSE:2972) Business Description

Traded in Other Exchanges
N/A
Address
1-7-2 Otemachi, Chiyoda-ku, Tokyo, JPN, 100-0004
Sankei Real Estate Inc is a Japanese based J-REIT. The company is engaged in the leasing of real estate properties, and owns office buildings.

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