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Mizuho Leasing Co (TSE:8425) Total Assets : 円3,170,603 Mil (As of Dec. 2023)


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What is Mizuho Leasing Co Total Assets?

Mizuho Leasing Co's Total Assets for the quarter that ended in Dec. 2023 was 円3,170,603 Mil.

Warning Sign:

If a company builds assets at 8.6% a year, faster than its revenue growth rate of 6.1% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Mizuho Leasing Co's average Total Assets Growth Rate was 13.30% per year. During the past 3 years, the average Total Assets Growth Rate was 7.60% per year. During the past 5 years, the average Total Assets Growth Rate was 8.60% per year. During the past 10 years, the average Total Assets Growth Rate was 8.10% per year.

During the past 13 years, Mizuho Leasing Co's highest 3-Year average Total Assets Growth Rate was 14.00%. The lowest was -6.80%. And the median was 6.70%.

Total Assets is connected with ROA %. Mizuho Leasing Co's annualized ROA % for the quarter that ended in Dec. 2023 was 1.22%. Total Assets is also linked to Revenue through Asset Turnover. Mizuho Leasing Co's Asset Turnover for the quarter that ended in Dec. 2023 was 0.07.


Mizuho Leasing Co Total Assets Historical Data

The historical data trend for Mizuho Leasing 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.

Mizuho Leasing Co Total Assets Chart

Mizuho Leasing Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,348,416.00 2,603,190.00 2,748,810.00 2,954,634.00 3,363,336.00

Mizuho Leasing Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,954,634.00 3,002,655.00 3,182,602.00 3,170,603.00 3,363,336.00

Mizuho Leasing 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.

Mizuho Leasing Co's Total Assets for the fiscal year that ended in Mar. 2024 is calculated as

Total Assets=Total Equity (A: Mar. 2024 )+Total Liabilities (A: Mar. 2024 )
=329798+3033538
=3,363,336

Mizuho Leasing 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 )
=321808+2848795
=3,170,603

* 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.


Mizuho Leasing Co  (TSE:8425) Total Assets Explanation

Total Assets is connected with ROA %.

Mizuho Leasing 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 )
=38752/( (3182602+3170603)/ 2 )
=38752/3176602.5
=1.22 %

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.

Mizuho Leasing 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 )
=230946/( (3182602+3170603)/ 2 )
=230946/3176602.5
=0.07

* 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.

Mizuho Leasing Co Total Assets Related Terms

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Mizuho Leasing Co (TSE:8425) Business Description

Traded in Other Exchanges
N/A
Address
2-6 Toranomon 1-chome, Minato-ku, Tokyo, JPN, 105-0001
Mizuho Leasing Co Ltd is a Japanese firm which provides total financial services to a range of customers from large companies to small and medium-sized companies. The company has four segments namely Leasing, Installment Sales, Loans and Other. The Leasing segment is engaged in leasing and renting services for industrial machinery, transportation equipment, and information-related equipment. Installment Sales segment is engaged in installment sales of production equipment, construction and engineering machinery, and commercial equipment. Loans segment is engaged in corporate finance, vessel finance, and factoring services. Other segment is engaged in investing in securities that are held for the purpose of generating operational revenues, as well as engaged in assurance services.

Mizuho Leasing Co (TSE:8425) Headlines

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