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Tenryuw Mfg Co (TSE:5945) Total Assets : 円36,314 Mil (As of Dec. 2023)


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What is Tenryuw Mfg Co Total Assets?

Tenryuw Mfg Co's Total Assets for the quarter that ended in Dec. 2023 was 円36,314 Mil.

During the past 12 months, Tenryuw Mfg Co's average Total Assets Growth Rate was 3.70% per year. During the past 3 years, the average Total Assets Growth Rate was 4.00% 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 2.80% per year.

During the past 13 years, Tenryuw Mfg Co's highest 3-Year average Total Assets Growth Rate was 10.10%. The lowest was -5.00%. And the median was 2.20%.

Total Assets is connected with ROA %. Tenryuw Mfg Co's annualized ROA % for the quarter that ended in Dec. 2023 was 2.32%. Total Assets is also linked to Revenue through Asset Turnover. Tenryuw Mfg Co's Asset Turnover for the quarter that ended in Dec. 2023 was 0.09.


Tenryuw Mfg Co Total Assets Historical Data

The historical data trend for Tenryuw Mfg 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.

Tenryuw Mfg Co Total Assets Chart

Tenryuw Mfg 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 28,332.51 28,312.16 30,783.92 33,620.19 34,739.47

Tenryuw Mfg 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 35,121.59 34,739.47 35,428.94 35,797.25 36,314.18

Tenryuw Mfg 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.

Tenryuw Mfg 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 )
=31802.504+2936.969
=34,739

Tenryuw Mfg 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 )
=33565.643+2748.534
=36,314

* 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.


Tenryuw Mfg Co  (TSE:5945) Total Assets Explanation

Total Assets is connected with ROA %.

Tenryuw Mfg 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 )
=835.62/( (35797.253+36314.177)/ 2 )
=835.62/36055.715
=2.32 %

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.

Tenryuw Mfg 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 )
=3399.38/( (35797.253+36314.177)/ 2 )
=3399.38/36055.715
=0.09

* 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.

Tenryuw Mfg Co Total Assets Related Terms

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Tenryuw Mfg Co (TSE:5945) Business Description

Traded in Other Exchanges
N/A
Address
3711 Asaba, Shizuoka Pref., Fukuroi, JPN, 437-1195
Tenryu Saw Mfg Co Ltd is operating as the manufacturer of saw blades, carrying out consistent production, from the processing of materials, including the quenching of steel, to the completion of products. Some of its products are cutting tools, basics of carbide tipped saw blades, and other related equipment.

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