i Cubed Systems (TSE:4495) Total Assets : 円3,575 Mil (As of Mar. 2024)

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What is i Cubed Systems Total Assets?

i Cubed Systems's Total Assets for the quarter that ended in Mar. 2024 was 円3,575 Mil.

Warning Sign:

If a company builds assets at 28.4% a year, faster than its revenue growth rate of 17.7% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, i Cubed Systems's average Total Assets Growth Rate was 37.90% per year. During the past 3 years, the average Total Assets Growth Rate was 39.50% per year. During the past 5 years, the average Total Assets Growth Rate was 28.40% per year.

During the past 6 years, i Cubed Systems's highest 3-Year average Total Assets Growth Rate was 39.50%. The lowest was 20.30%. And the median was 24.90%.

Total Assets is connected with ROA %. i Cubed Systems's annualized ROA % for the quarter that ended in Mar. 2024 was 13.08%. Total Assets is also linked to Revenue through Asset Turnover. i Cubed Systems's Asset Turnover for the quarter that ended in Mar. 2024 was 0.21.

i Cubed Systems Total Assets Historical Data

The historical data trend for i Cubed Systems'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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i Cubed Systems Total Assets Chart

i Cubed Systems Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Total Assets

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1,083.12

1,336.49

2,830.69

3,202.76

3,399.41

i Cubed Systems Quarterly Data
	Jun18	Jun19	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															3,131.03	3,399.41	3,317.19	3,631.04	3,574.87

i Cubed Systems 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.

i Cubed Systems'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 )
	=	2573.505	+	825.906
	=	3,399

i Cubed Systems'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 )
	=	2760.868	+	814.005
	=	3,575

i Cubed Systems (TSE:4495) Total Assets Explanation

Total Assets is connected with ROA %.

i Cubed Systems'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 )
	=	471.428	/	( (3631.036	+	3574.873)	/ 2 )
	=	471.428	/	3602.9545
	=	13.08 %

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.

i Cubed Systems'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 )
=	748.079	/	( (3631.036	+	3574.873)	/ 2 )
=	748.079	/	3602.9545
=	0.21

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.

i Cubed Systems Total Assets Related Terms

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i Cubed Systems (TSE:4495) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » i Cubed Systems Inc (TSE:4495) » Definitions » Total Assets

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Address

4th Floor, 1st Meisei Building, 4-37-37 Tenjin, Chuo-ku, Fukuoka Prefecture, Fukuoka, JPN, 810-0001

Website

https://www.i3-systems.com

i Cubed Systems Inc is engaged in provision of mobile device management services for corporations. The company provides CLOMO's business application series that include Clomo browser, Clomo Mailer, Clomo Claender, Clomo Address book, and Clomo File sharing.

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