Japan Cash Machine Co's Total Assets for the quarter that ended in Mar. 2024 was 円47,698 Mil.
During the past 12 months, Japan Cash Machine Co's average Total Assets Growth Rate was 39.90% per year.
During the past 3 years, the average Total Assets Growth Rate was 22.10% per year.
During the past 5 years, the average Total Assets Growth Rate was 2.30% per year.
During the past 10 years, the average Total Assets Growth Rate was -1.70% per year.
During the past 13 years, Japan Cash Machine Co's highest 3-Year average Total Assets Growth Rate was 22.10%. The lowest was -15.00%. And the median was -1.90%.
Japan Cash Machine Co Total Assets Historical Data
The historical data trend for Japan Cash Machine 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.
Japan Cash Machine Co's Total Assets for the fiscal year that ended in Mar. 2024 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.
Japan Cash Machine Co (TSE:6418) Total Assets Explanation
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.
Japan Cash Machine Co's Asset Turnover for the quarter that ended in Mar. 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.
Japan Cash Machine Co Total Assets Related Terms
Thank you for viewing the detailed overview of Japan Cash Machine Co's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Japan Cash Machine Co (TSE:6418) Business Description
Japan Cash Machine Co Ltd is engaged in the manufacture and sale of money-handling and amusement center machines. The company operates through four segments. Its Global gaming segment includes the trade of bill validators, recyclers, and printers for casinos and original equipment manufacturer customers. The Overseas commercial segment consists of the sale of machines to overseas financial, distribution and transportation markets. Its Domestic commercial segment comprises of marketing of bill recycler units coin dispensers and foreign currency exchange machines for domestic markets. The company's Equipment for amusement industry segment is involved in the provision of ball and medal lending machines for slot machines.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
TSE:6418 has been successfully added to your 