GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » SBI Sumishin Net Bank Ltd (TSE:7163) » Definitions » Total Assets

SBI Sumishin Net Bank (TSE:7163) Total Assets : 円10,343,135 Mil (As of Dec. 2023)


View and export this data going back to 2022. Start your Free Trial

What is SBI Sumishin Net Bank Total Assets?

SBI Sumishin Net Bank's Total Assets for the quarter that ended in Dec. 2023 was 円10,343,135 Mil.

During the past 12 months, SBI Sumishin Net Bank's average Total Assets Growth Rate was 18.90% per year. During the past 3 years, the average Total Assets Growth Rate was 16.30% per year.

During the past 5 years, SBI Sumishin Net Bank's highest 3-Year average Total Assets Growth Rate was 16.30%. The lowest was 14.20%. And the median was 15.25%.

Total Assets is connected with ROA %. SBI Sumishin Net Bank's annualized ROA % for the quarter that ended in Dec. 2023 was 0.24%. Total Assets is also linked to Revenue through Asset Turnover. SBI Sumishin Net Bank's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.


SBI Sumishin Net Bank Total Assets Historical Data

The historical data trend for SBI Sumishin Net 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.

SBI Sumishin Net Bank Total Assets Chart

SBI Sumishin Net Bank Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Total Assets
6,373,777.00 7,233,344.00 8,534,021.00 8,679,004.00 10,676,416.00

SBI Sumishin Net Bank Quarterly Data
Mar20 Mar21 Dec21 Mar22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only 8,679,004.00 9,230,555.00 9,561,399.00 10,343,135.00 10,676,416.00

SBI Sumishin Net 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.

SBI Sumishin Net Bank's Total Assets for the fiscal year that ended in Mar. 2024 is calculated as

Total Assets=Total Equity (A: Mar. 2024 )+Total Liabilities (A: Mar. 2024 )
=151609+10524807
=10,676,416

SBI Sumishin Net 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 )
=146700+10196435
=10,343,135

* 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.


SBI Sumishin Net Bank  (TSE:7163) Total Assets Explanation

Total Assets is connected with ROA %.

SBI Sumishin Net 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 )
=24064/( (9561399+10343135)/ 2 )
=24064/9952267
=0.24 %

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.

SBI Sumishin Net 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 )
=19062/( (9561399+10343135)/ 2 )
=19062/9952267
=0.00

* 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.

SBI Sumishin Net Bank Total Assets Related Terms

Thank you for viewing the detailed overview of SBI Sumishin Net Bank's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


SBI Sumishin Net Bank (TSE:7163) Business Description

Traded in Other Exchanges
N/A
Address
1-6-1 Roppongi, Izumi Garden Tower 18th floor, Tokyo, JPN, 106-6018
SBI Sumishin Net Bank Ltd is a specialized Internet bank. It offers deposits, investment, loans, cards and other services.

SBI Sumishin Net Bank (TSE:7163) Headlines

No Headlines