PR TIMES (TSE:3922) Total Assets : 円6,585 Mil (As of Nov. 2023)

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What is PR TIMES Total Assets?

PR TIMES's Total Assets for the quarter that ended in Nov. 2023 was 円6,585 Mil.

During the past 12 months, PR TIMES's average Total Assets Growth Rate was 48.80% per year. During the past 3 years, the average Total Assets Growth Rate was 19.70% per year. During the past 5 years, the average Total Assets Growth Rate was 18.30% per year.

During the past 9 years, PR TIMES's highest 3-Year average Total Assets Growth Rate was 35.60%. The lowest was 11.10%. And the median was 20.25%.

Total Assets is connected with ROA %. PR TIMES's annualized ROA % for the quarter that ended in Nov. 2023 was 25.10%. Total Assets is also linked to Revenue through Asset Turnover. PR TIMES's Asset Turnover for the quarter that ended in Nov. 2023 was 0.28.

PR TIMES Total Assets Historical Data

The historical data trend for PR TIMES'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.

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PR TIMES Total Assets Chart

PR TIMES Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Total Assets

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2,254.99

2,046.61

3,457.97

4,831.06

5,265.37

PR TIMES Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Total Assets	Get a 7-Day Free Trial															5,101.84	5,265.37	5,929.30	6,149.15	6,584.95

PR TIMES 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.

PR TIMES's Total Assets for the fiscal year that ended in Feb. 2023 is calculated as

Total Assets	=	Total Equity (A: Feb. 2023 )	+	Total Liabilities (A: Feb. 2023 )
	=	4466.513	+	798.855
	=	5,265

PR TIMES's Total Assets for the quarter that ended in Nov. 2023 is calculated as

Total Assets	=	Total Equity (Q: Nov. 2023 )	+	Total Liabilities (Q: Nov. 2023 )
	=	5462.802	+	1122.145
	=	6,585

PR TIMES (TSE:3922) Total Assets Explanation

Total Assets is connected with ROA %.

PR TIMES's annualized ROA % for the quarter that ended in Nov. 2023 is

ROA %	=	Net Income (Q: Nov. 2023 )	/	( (Total Assets (Q: Aug. 2023 )	+	Total Assets (Q: Nov. 2023 ))	/ count )
	=	1597.84	/	( (6149.15	+	6584.947)	/ 2 )
	=	1597.84	/	6367.0485
	=	25.10 %

Note: The Net Income data used here is four times the quarterly (Nov. 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.

PR TIMES's Asset Turnover for the quarter that ended in Nov. 2023 is

	Asset Turnover
=	Revenue (Q: Nov. 2023 )	/	( (Total Assets (Q: Aug. 2023 )	+	Total Assets (Q: Nov. 2023 ))	/ count )
=	1759.227	/	( (6149.15	+	6584.947)	/ 2 )
=	1759.227	/	6367.0485
=	0.28

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.

PR TIMES Total Assets Related Terms

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PR TIMES (TSE:3922) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » PR TIMES Corp (TSE:3922) » Definitions » Total Assets

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Address

1-11-44 Akasaka, Akasaka Intercity, 8th Floor, Minato-ku, Tokyo, JPN, 107-0052

Website

https://www.prtimes.jp

PR TIMES Corp provides news release distribution services in Japan and internationally. The company operates platform business, which connects companies and consumers with news. Its company users use PR TIMES in news spreading, such as publish of new products and services, notice of events and campaign, and performance trends release to get a high return on investment. It offers PR strategy/tactics planning, media/SNS planning design, and content creation promotion, as well as press release distribution services.

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