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Daiwa Cycle Co (TSE:5888) Total Assets : 円7,368 Mil (As of Jan. 2024)


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What is Daiwa Cycle Co Total Assets?

Daiwa Cycle Co's Total Assets for the quarter that ended in Jan. 2024 was 円7,368 Mil.

During the past 12 months, Daiwa Cycle Co's average Total Assets Growth Rate was 13.30% per year.

Total Assets is connected with ROA %. Daiwa Cycle Co's annualized ROA % for the quarter that ended in Jan. 2024 was 2.67%. Total Assets is also linked to Revenue through Asset Turnover. Daiwa Cycle Co's Asset Turnover for the quarter that ended in Jan. 2024 was 0.52.

Daiwa Cycle Co Total Assets Historical Data

The historical data trend for Daiwa Cycle 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.

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Daiwa Cycle Co Total Assets Chart

Daiwa Cycle Co Annual Data
Trend Jan22 Jan23 Jan24
Total Assets
4,771.36 5,517.14 7,367.86

Daiwa Cycle Co Quarterly Data
Jan22 Jan23 Jul23 Oct23 Jan24
Total Assets 4,771.36 5,517.14 6,163.86 6,162.22 7,367.86

Daiwa Cycle 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.

Daiwa Cycle Co's Total Assets for the fiscal year that ended in Jan. 2024 is calculated as

Total Assets=Total Equity (A: Jan. 2024 )+Total Liabilities (A: Jan. 2024 )
=4754.599+2613.257
=7,368

Daiwa Cycle Co's Total Assets for the quarter that ended in Jan. 2024 is calculated as

Total Assets=Total Equity (Q: Jan. 2024 )+Total Liabilities (Q: Jan. 2024 )
=4754.599+2613.257
=7,368

* 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.

Daiwa Cycle Co  (TSE:5888) Total Assets Explanation

Total Assets is connected with ROA %.

Daiwa Cycle Co's annualized ROA % for the quarter that ended in Jan. 2024 is

ROA %=Net Income (Q: Jan. 2024 )/( (Total Assets (Q: Oct. 2023 )+Total Assets (Q: Jan. 2024 ))/ count )
=180.504/( (6162.219+7367.856)/ 2 )
=180.504/6765.0375
=2.67 %

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.

Daiwa Cycle Co's Asset Turnover for the quarter that ended in Jan. 2024 is

Asset Turnover
=Revenue (Q: Jan. 2024 )/( (Total Assets (Q: Oct. 2023 )+Total Assets (Q: Jan. 2024 ))/ count )
=3534.162/( (6162.219+7367.856)/ 2 )
=3534.162/6765.0375
=0.52

* 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.

Daiwa Cycle Co Total Assets Related Terms

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Daiwa Cycle Co (TSE:5888) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Daiwa Cycle Co Ltd (TSE:5888) » Definitions » Total Assets
Comparable Companies
Traded in Other Exchanges
N/A
Address
1-12-38 Esaka-cho, 5th floor, Esaka Soliton Building, Suita-shi, Osaka, JPN, 564-0063
Website
https://www.daiwa-cycle.co.jp
Daiwa Cycle Co Ltd is engaged in the Sales of bicycles, bicycle parts and accessories, maintenance and repair services for bicycles.

Daiwa Cycle Co (TSE:5888) Headlines

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