Acom Co's Total Assets for the quarter that ended in Dec. 2023 was $9,656 Mil.
During the past 12 months, Acom Co's average Total Assets Growth Rate was 8.40% per year.
During the past 3 years, the average Total Assets Growth Rate was 5.80% per year.
During the past 5 years, the average Total Assets Growth Rate was 1.90% per year.
During the past 10 years, the average Total Assets Growth Rate was 2.20% per year.
During the past 13 years, Acom Co's highest 3-Year average Total Assets Growth Rate was 5.80%. The lowest was -12.20%. And the median was -0.50%.
Total Assets is connected with ROA %. Acom Co's annualizedROA % for the quarter that ended in Dec. 2023 was 4.25%. Total Assets is also linked to Revenue through Asset Turnover. Acom Co's Asset Turnover for the quarter that ended in Dec. 2023 was 0.06.
Acom Co Total Assets Historical Data
The historical data trend for Acom 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.
Acom 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.
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.
Acom Co's Asset Turnover for the quarter that ended in Dec. 2023 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.
Acom Co Total Assets Related Terms
Thank you for viewing the detailed overview of Acom Co's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Acom Co Ltd is a Japanese consumer finance company. Its four core business categories are loan and credit, guarantee services, loan servicing, and overseas financials. Its loan and credit business offers credit cards and unsecured loans. The guarantee segment provides credit guarantee services, including loan portfolios and marketing analyses. The firm also offers loan administrative services in its loan servicing segment. Acom's overseas businesses are mostly in the retail finance sector in Thailand and Indonesia. In addition to ATMs, Acom's distribution relies on multifaceted sales channels, including a call center, Internet services, and mobile phones. The company earns its revenue from its loan and credit card business in Japan.
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