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RECOMM Co (TSE:3323) Total Assets : 円10,709 Mil (As of Mar. 2024)


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What is RECOMM Co Total Assets?

RECOMM Co's Total Assets for the quarter that ended in Mar. 2024 was 円10,709 Mil.

During the past 12 months, RECOMM Co's average Total Assets Growth Rate was 28.90% per year. During the past 3 years, the average Total Assets Growth Rate was 9.80% per year. During the past 5 years, the average Total Assets Growth Rate was 7.80% per year. During the past 10 years, the average Total Assets Growth Rate was 24.90% per year.

During the past 13 years, RECOMM Co's highest 3-Year average Total Assets Growth Rate was 65.20%. The lowest was -30.40%. And the median was 9.80%.

Total Assets is connected with ROA %. RECOMM Co's annualized ROA % for the quarter that ended in Mar. 2024 was 3.15%. Total Assets is also linked to Revenue through Asset Turnover. RECOMM Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.25.


RECOMM Co Total Assets Historical Data

The historical data trend for RECOMM 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.

* Premium members only.

RECOMM Co Total Assets Chart

RECOMM Co Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9,557.03 9,641.95 8,250.90 9,239.67 10,843.85

RECOMM Co 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8,919.91 9,150.58 10,843.85 10,435.82 10,709.28

RECOMM Co 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.

RECOMM Co's Total Assets for the fiscal year that ended in Sep. 2023 is calculated as

Total Assets=Total Equity (A: Sep. 2023 )+Total Liabilities (A: Sep. 2023 )
=4953.846+5890
=10,844

RECOMM Co'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 )
=5072.881+5636.4
=10,709

* 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.


RECOMM Co  (TSE:3323) Total Assets Explanation

Total Assets is connected with ROA %.

RECOMM Co'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 )
=332.704/( (10435.817+10709.281)/ 2 )
=332.704/10572.549
=3.15 %

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.

RECOMM Co'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 )
=2642.596/( (10435.817+10709.281)/ 2 )
=2642.596/10572.549
=0.25

* 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.

RECOMM Co Total Assets Related Terms

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RECOMM Co (TSE:3323) Business Description

Traded in Other Exchanges
N/A
Address
Ichigaya Building No. 6, 7th floor Kudankita four-chome, Chiyoda-ku, Tokyo, JPN
RECOMM Co Ltd is engaged in the sale of business phones, digital multifunction machines, network products, LED lighting, and other eco products. The company is also involved in the sales of mobile terminals and maintenance services.

RECOMM Co (TSE:3323) Headlines

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