Park24 Co's Total Assets for the quarter that ended in Jan. 2024 was 円303,638 Mil.
During the past 12 months, Park24 Co's average Total Assets Growth Rate was 5.90% per year.
During the past 3 years, the average Total Assets Growth Rate was -1.70% per year.
During the past 5 years, the average Total Assets Growth Rate was -3.40% per year.
During the past 10 years, the average Total Assets Growth Rate was 8.50% per year.
During the past 13 years, Park24 Co's highest 3-Year average Total Assets Growth Rate was 33.90%. The lowest was -6.80%. And the median was 10.70%.
Total Assets is connected with ROA %. Park24 Co's annualizedROA % for the quarter that ended in Jan. 2024 was 6.65%. Total Assets is also linked to Revenue through Asset Turnover. Park24 Co's Asset Turnover for the quarter that ended in Jan. 2024 was 0.28.
Park24 Co Total Assets Historical Data
The historical data trend for Park24 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.
Park24 Co's Total Assets for the fiscal year that ended in Oct. 2023 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.
Note:
The Net Income data used here is four times the quarterly (Jan. 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.
Park24 Co's Asset Turnover for the quarter that ended in Jan. 2024 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.
Park24 Co Total Assets Related Terms
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Park24 Co Ltd is a Japanese operator of parking facilities. The company is organised into two segments: parking business Japan, Parking Business International and mobility business. The parking business, which contributes the majority of revenue, operates fully-automated parking facilities and related services. The Parking business in international segment provides Parking facility management in overseas. The mobility business car rental services through the Times Car RENTAL brand, car sharing services through the Times Car PLUS brand, and related services. While Park 24 operates in Japan, Taiwan, and South Korea, the company earns the majority of revenue domestically.
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