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Seven Bank (Seven Bank) Total Assets : $13,075.9 Mil (As of Dec. 2023)


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What is Seven Bank Total Assets?

Seven Bank's Total Assets for the quarter that ended in Dec. 2023 was $13,075.9 Mil.

During the past 12 months, Seven Bank's average Total Assets Growth Rate was 84.40% per year. During the past 3 years, the average Total Assets Growth Rate was 14.90% per year. During the past 5 years, the average Total Assets Growth Rate was 0.40% per year. During the past 10 years, the average Total Assets Growth Rate was 0.40% per year.

During the past 13 years, Seven Bank's highest 3-Year average Total Assets Growth Rate was 25.30%. The lowest was -9.10%. And the median was -0.90%.

Total Assets is connected with ROA %. Seven Bank's annualized ROA % for the quarter that ended in Dec. 2023 was 0.88%. Total Assets is also linked to Revenue through Asset Turnover. Seven Bank's Asset Turnover for the quarter that ended in Dec. 2023 was 0.02.


Seven Bank Total Assets Historical Data

The historical data trend for Seven Bank'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.

Seven Bank Total Assets Chart

Seven Bank 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 10,274.27 10,085.56 11,013.50 10,302.33 9,817.68

Seven Bank 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 10,451.06 9,817.68 10,632.80 12,100.98 13,075.92

Seven Bank 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.

Seven Bank'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 )
=1902.079+7915.599
=9,817.7

Seven Bank'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 )
=1948.084+11127.832
=13,075.9

* 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.


Seven Bank  (OTCPK:SEBNF) Total Assets Explanation

Total Assets is connected with ROA %.

Seven Bank'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 )
=110.404/( (12100.984+13075.916)/ 2 )
=110.404/12588.45
=0.88 %

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.

Seven Bank'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 )
=277.265/( (12100.984+13075.916)/ 2 )
=277.265/12588.45
=0.02

* 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.

Seven Bank Total Assets Related Terms

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Seven Bank (Seven Bank) Business Description

Traded in Other Exchanges
Address
6-1 Marunouchi 1-chome, Chiyoda-ku, Tokyo, JPN, 100-0005
Seven Bank Ltd is a Japan-based business bank. It operates a network of ATMs in partnership with financial institutions across Japan. The company's business segments include the ATM Services segment and the Financial Services segment. The ATM Services segment, provides deposits, withdrawals, and bank transfers at more than 22,000 Seven Bank ATMs nationwide using the cards of more than 590 partner institutions. The Financial Services segment provides convenient account-related services, such as ordinary deposits, time deposits, personal loans and international money transfers, which are accessible from not only Seven Bank ATMs but also personal computers and smartphones. Also, the company provides ATM services overseas and back-office support on commission through its subsidiaries.

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