Okada Aiyon (TSE:6294) Total Assets : 円33,951 Mil (As of Dec. 2023)

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What is Okada Aiyon Total Assets?

Okada Aiyon's Total Assets for the quarter that ended in Dec. 2023 was 円33,951 Mil.

Warning Sign:

If a company builds assets at 9.7% a year, faster than its revenue growth rate of 5.7% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Okada Aiyon's average Total Assets Growth Rate was 21.20% per year. During the past 3 years, the average Total Assets Growth Rate was 14.20% per year. During the past 5 years, the average Total Assets Growth Rate was 9.70% per year. During the past 10 years, the average Total Assets Growth Rate was 11.60% per year.

During the past 13 years, Okada Aiyon's highest 3-Year average Total Assets Growth Rate was 15.60%. The lowest was -5.70%. And the median was 11.50%.

Total Assets is connected with ROA %. Okada Aiyon's annualized ROA % for the quarter that ended in Dec. 2023 was 6.21%. Total Assets is also linked to Revenue through Asset Turnover. Okada Aiyon's Asset Turnover for the quarter that ended in Dec. 2023 was 0.21.

Okada Aiyon Total Assets Historical Data

The historical data trend for Okada Aiyon'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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Okada Aiyon Total Assets Chart

Okada Aiyon Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Assets

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20,614.82

21,617.01

22,272.95

25,516.46

30,594.51

Okada Aiyon Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial															30,109.61	30,594.51	31,035.49	32,990.29	33,950.95

Okada Aiyon 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.

Okada Aiyon's Total Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Assets	=	Total Equity (A: Mar. 2023 )	+	Total Liabilities (A: Mar. 2023 )
	=	13961.102	+	16633.403
	=	30,595

Okada Aiyon's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	15951.729	+	17999.223
	=	33,951

Okada Aiyon (TSE:6294) Total Assets Explanation

Total Assets is connected with ROA %.

Okada Aiyon's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	2077.196	/	( (32990.293	+	33950.952)	/ 2 )
	=	2077.196	/	33470.6225
	=	6.21 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) 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.

Okada Aiyon's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	7089.578	/	( (32990.293	+	33950.952)	/ 2 )
=	7089.578	/	33470.6225
=	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.

Okada Aiyon Total Assets Related Terms

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Okada Aiyon (TSE:6294) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Okada Aiyon Corp (TSE:6294) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

4-1-18, Kaigan-dori, Minato-ku, Osaka, JPN, 5520022

Website

http://www.okada-aiyon.com

Okada Aiyon Corp manufactures and sells demolition equipment primarily in Japan. Its products include breakers, primary crushers, pulverizers, cutters, magnets, grapples, screens, wood smashers, attachments, and parts, as well as drills, recycling machines, and materials.

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