Shigematsu Works Co (TSE:7980) Total Assets : 円15,556 Mil (As of Dec. 2023)

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What is Shigematsu Works Co Total Assets?

Shigematsu Works Co's Total Assets for the quarter that ended in Dec. 2023 was 円15,556 Mil.

Warning Sign:

If a company builds assets at 6.1% a year, faster than its revenue growth rate of 3.7% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Shigematsu Works Co's average Total Assets Growth Rate was 5.00% per year. During the past 3 years, the average Total Assets Growth Rate was 8.40% per year. During the past 5 years, the average Total Assets Growth Rate was 6.10% per year. During the past 10 years, the average Total Assets Growth Rate was 3.70% per year.

During the past 13 years, Shigematsu Works Co's highest 3-Year average Total Assets Growth Rate was 8.40%. The lowest was -2.60%. And the median was 3.80%.

Total Assets is connected with ROA %. Shigematsu Works Co's annualized ROA % for the quarter that ended in Dec. 2023 was 2.35%. Total Assets is also linked to Revenue through Asset Turnover. Shigematsu Works Co's Asset Turnover for the quarter that ended in Dec. 2023 was 0.21.

Shigematsu Works Co Total Assets Historical Data

The historical data trend for Shigematsu Works 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.

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Shigematsu Works Co Total Assets Chart

Shigematsu Works Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Assets

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11,772.50

12,156.59

13,984.45

14,322.38

15,202.06

Shigematsu Works 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															14,838.80	15,202.06	14,957.36	14,863.26	15,555.75

Shigematsu Works 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.

Shigematsu Works 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 )
	=	7348.419	+	7853.641
	=	15,202

Shigematsu Works 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 )
	=	7689.124	+	7866.625
	=	15,556

Shigematsu Works Co (TSE:7980) Total Assets Explanation

Total Assets is connected with ROA %.

Shigematsu Works 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 )
	=	357.144	/	( (14863.263	+	15555.749)	/ 2 )
	=	357.144	/	15209.506
	=	2.35 %

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.

Shigematsu Works 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 )
=	3151.567	/	( (14863.263	+	15555.749)	/ 2 )
=	3151.567	/	15209.506
=	0.21

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.

Shigematsu Works Co Total Assets Related Terms

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Shigematsu Works Co (TSE:7980) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Shigematsu Works Co Ltd (TSE:7980) » Definitions » Total Assets

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Address

1-26-1, Nishigahara, Kita-ku, Tokyo, JPN, 114 0024

Website

http://www.sts-japan.com

Shigematsu Works Co Ltd is a Japan based company engaged in the safety business. It manufactures personal and respiratory protective devices related to fire and industrial safety, equipment for air purifying, emergency and rescue operations. The company offers products such as gas respirators, chemical cartridge respirators, particulate respirators, self-contained breathing apparatus, powered air-purifying respirators, supplied-air respirators, eye protector, face shields, earmuffs, safety belts, protective clothing, protective gloves, stretchers, oxygen meters and other related products. The products offered by the organization has application in various industries including textile, chemical, automobile, fishery, mining, warehouse and others.

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