Asahi Intecc Co's Total Assets for the quarter that ended in Mar. 2024 was 円178,874 Mil.
Warning Sign:
If a company builds assets at 21.5% a year, faster than its revenue growth rate of 10.8% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Asahi Intecc Co's average Total Assets Growth Rate was 11.70% per year.
During the past 3 years, the average Total Assets Growth Rate was 21.80% per year.
During the past 5 years, the average Total Assets Growth Rate was 21.50% per year.
During the past 10 years, the average Total Assets Growth Rate was 18.00% per year.
During the past 13 years, Asahi Intecc Co's highest 3-Year average Total Assets Growth Rate was 23.80%. The lowest was -3.20%. And the median was 18.65%.
The historical data trend for Asahi Intecc 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.
Asahi Intecc Co's Total Assets for the fiscal year that ended in Jun. 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.
Asahi Intecc Co (TSE:7747) 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.
Asahi Intecc 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.
Asahi Intecc Co Total Assets Related Terms
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Asahi Intecc Co Ltd develops, manufactures, and sells medical devices. The firm operates in two segments: medical and device. The medical segment generates the vast majority of revenue and sells a range of guide wires and catheters for treatment and examination. The device segment sells components to medical and industrial companies, such as hollow cable tubes, catheter delivery systems, and stainless steel rope. Asahi's products are used in a variety of industries, including the medical, construction, automobile, office automation equipment, and electric appliance industries. Asahi generates the largest proportion of its revenue in Japan.
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