Mercari (TSE:4385) Total Assets : 円484,858 Mil (As of Mar. 2024)

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What is Mercari Total Assets?

Mercari's Total Assets for the quarter that ended in Mar. 2024 was 円484,858 Mil.

Warning Sign:

If a company builds assets at 80.2% a year, faster than its revenue growth rate of 29.7% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Mercari's average Total Assets Growth Rate was 54.00% per year. During the past 3 years, the average Total Assets Growth Rate was 55.20% per year. During the past 5 years, the average Total Assets Growth Rate was 80.20% per year.

During the past 8 years, Mercari's highest 3-Year average Total Assets Growth Rate was 171.70%. The lowest was 55.20%. And the median was 119.60%.

Total Assets is connected with ROA %. Mercari's annualized ROA % for the quarter that ended in Mar. 2024 was 2.76%. Total Assets is also linked to Revenue through Asset Turnover. Mercari's Asset Turnover for the quarter that ended in Mar. 2024 was 0.09.

Mercari Total Assets Historical Data

The historical data trend for Mercari'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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Mercari Total Assets Chart

Mercari Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Total Assets

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163,685.00

198,014.00

262,529.00

339,862.00

415,292.00

Mercari 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															392,594.00	415,292.00	430,399.00	456,578.00	484,858.00

Mercari 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.

Mercari's Total Assets for the fiscal year that ended in Jun. 2023 is calculated as

Total Assets	=	Total Equity (A: Jun. 2023 )	+	Total Liabilities (A: Jun. 2023 )
	=	55227	+	360065
	=	415,292

Mercari'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 )
	=	67210	+	417648
	=	484,858

Mercari (TSE:4385) Total Assets Explanation

Total Assets is connected with ROA %.

Mercari'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 )
	=	12992	/	( (456578	+	484858)	/ 2 )
	=	12992	/	470718
	=	2.76 %

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.

Mercari'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 )
=	43707	/	( (456578	+	484858)	/ 2 )
=	43707	/	470718
=	0.09

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.

Mercari Total Assets Related Terms

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Mercari (TSE:4385) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Mercari Inc (TSE:4385) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

MCARY:USA 6TP:Germany

Address

6 - 10 - 1 Roppongi, Roppongi Hills Mori Tower, Minato-ku, Tokyo, JPN, 106-6118

Website

https://www.mercari.com

Mercari operates the largest C2C secondhand goods trading platform in Japan in Mercari, with over 22 million MAU and over JPY 893 billion gross merchandise value in fiscal year 2022. We estimate that it currently has over 70% market share in the C2C marketplace app market, making it the top platform in Japan. It operates a domestic fintech business and a C2C marketplace app business in the U.S. as well. Domestic business roughly accounts for over 95% of its total GMV.

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