Toyo Suisan Kaisha's Total Assets for the quarter that ended in Dec. 2023 was 円547,267 Mil.
During the past 12 months, Toyo Suisan Kaisha's average Total Assets Growth Rate was 4.90% per year.
During the past 3 years, the average Total Assets Growth Rate was 5.20% per year.
During the past 5 years, the average Total Assets Growth Rate was 3.20% per year.
During the past 10 years, the average Total Assets Growth Rate was 3.80% per year.
During the past 13 years, Toyo Suisan Kaisha's highest 3-Year average Total Assets Growth Rate was 8.00%. The lowest was -3.90%. And the median was 3.20%.
The historical data trend for Toyo Suisan Kaisha'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.
Toyo Suisan Kaisha's Total Assets for the fiscal year that ended in Mar. 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.
Toyo Suisan Kaisha (TSE:2875) Total Assets Explanation
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.
Toyo Suisan Kaisha'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.
Toyo Suisan Kaisha Total Assets Related Terms
Thank you for viewing the detailed overview of Toyo Suisan Kaisha's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Toyo Suisan Kaisha (TSE:2875) Business Description
Toyo Suisan Kaisha Ltd is a Japanese packaged-food company. The business segments are: domestic instant noodles, overseas instant noodles, frozen and refrigerated food, processed food, cold storage segment, seafood segment and other. The instant noodles segments, domestic and international, account for slightly more than 50% of total sales. The seafood segment offers salmon, shrimps, and cod to convenience stores and mass retailers. The frozen and refrigerated foods segment offers fresh noodles, ramen noodles for commercial use, household product yakisoba noodles, and edamame (green soybean) varieties. The processed foods segment offers packed cooked rice products, freeze-dried products, and packet soups.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
TSE:2875 has been successfully added to your 