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Higashi Twenty One Co (TSE:9029) Total Assets : 円23,231 Mil (As of Dec. 2023)


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What is Higashi Twenty One Co Total Assets?

Higashi Twenty One Co's Total Assets for the quarter that ended in Dec. 2023 was 円23,231 Mil.

During the past 12 months, Higashi Twenty One Co's average Total Assets Growth Rate was 26.00% per year. During the past 3 years, the average Total Assets Growth Rate was 13.60% per year. During the past 5 years, the average Total Assets Growth Rate was 9.50% per year. During the past 10 years, the average Total Assets Growth Rate was 5.40% per year.

During the past 13 years, Higashi Twenty One Co's highest 3-Year average Total Assets Growth Rate was 13.60%. The lowest was -3.10%. And the median was 0.90%.

Total Assets is connected with ROA %. Higashi Twenty One Co's annualized ROA % for the quarter that ended in Dec. 2023 was 6.81%. Total Assets is also linked to Revenue through Asset Turnover. Higashi Twenty One Co's Asset Turnover for the quarter that ended in Dec. 2023 was 0.44.


Higashi Twenty One Co Total Assets Historical Data

The historical data trend for Higashi Twenty One 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.

Higashi Twenty One Co Total Assets Chart

Higashi Twenty One Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14,396.13 15,338.67 15,811.17 18,140.42 21,226.49

Higashi Twenty One Co 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 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 18,791.63 21,226.49 21,962.85 21,954.52 23,231.14

Higashi Twenty One 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.

Higashi Twenty One 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 )
=10870.983+10355.509
=21,226

Higashi Twenty One 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 )
=11792.65+11438.489
=23,231

* 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.


Higashi Twenty One Co  (TSE:9029) Total Assets Explanation

Total Assets is connected with ROA %.

Higashi Twenty One 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 )
=1539.44/( (21954.515+23231.139)/ 2 )
=1539.44/22592.827
=6.81 %

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.

Higashi Twenty One 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 )
=10006.745/( (21954.515+23231.139)/ 2 )
=10006.745/22592.827
=0.44

* 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.

Higashi Twenty One Co Total Assets Related Terms

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Higashi Twenty One Co (TSE:9029) Business Description

Traded in Other Exchanges
N/A
Address
1-9 Uchikyuhojimachi 3-Chome, Chuo-Ku, Osaka, JPN, 5400013
Higashi Twenty One Co.Ltd is a Japan based company engages in the business of logistic services. Its operations are carried out through the following business division: Transportation, Warehousing, Merchandise Sales, and Others.

Higashi Twenty One Co (TSE:9029) Headlines

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