Micreed Co (TSE:7687) Total Assets : 円2,077 Mil (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Micreed Co Total Assets?

Micreed Co's Total Assets for the quarter that ended in Dec. 2023 was 円2,077 Mil.

During the past 12 months, Micreed Co's average Total Assets Growth Rate was 14.80% per year. During the past 3 years, the average Total Assets Growth Rate was 9.90% per year. During the past 5 years, the average Total Assets Growth Rate was 3.50% per year.

During the past 6 years, Micreed Co's highest 3-Year average Total Assets Growth Rate was 9.90%. The lowest was -5.60%. And the median was 0.60%.

Total Assets is connected with ROA %. Micreed Co's annualized ROA % for the quarter that ended in Dec. 2023 was 18.64%. Total Assets is also linked to Revenue through Asset Turnover. Micreed Co's Asset Turnover for the quarter that ended in Dec. 2023 was 0.82.

Micreed Co Total Assets Historical Data

The historical data trend for Micreed 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.

* Premium members only.

Micreed Co Total Assets Chart

Micreed Co Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Assets

Get a 7-Day Free Trial

1,375.00

1,418.00

1,248.00

1,302.00

1,685.00

Micreed Co Quarterly Data
	Mar18	Mar19	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														1,733.00	1,685.00	1,695.00	1,786.00	2,077.00

Micreed 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.

Micreed Co'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 )
	=	1001	+	684
	=	1,685

Micreed Co'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 )
	=	1159	+	918
	=	2,077

Micreed Co (TSE:7687) Total Assets Explanation

Total Assets is connected with ROA %.

Micreed Co'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 )
	=	360	/	( (1786	+	2077)	/ 2 )
	=	360	/	1931.5
	=	18.64 %

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.

Micreed Co'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 )
=	1590	/	( (1786	+	2077)	/ 2 )
=	1590	/	1931.5
=	0.82

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.

Micreed Co Total Assets Related Terms

Thank you for viewing the detailed overview of Micreed Co's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Micreed Co (TSE:7687) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Micreed Co Ltd (TSE:7687) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-16-13 Nihonbashi, Chuo-ku, Landic Nihonbashi Building 9th Floor, Tokyo- Shipping Center, Chiba Prefecture, Order Center Saga City, Saga Prefecture, Narashino, JPN, 103-0027

Website

https://corp.micreed.co.jp

Micreed Co Ltd is engaged in planning and sales of commercial ingredients for restaurants. The company sells products such as meat, fish, vegetables, skewers, fried foods and desserts, frozen foods. It serves small and medium-sized restaurants, mainly privately owned izakayas.

Micreed Co (TSE:7687) Headlines

No Headlines