SYLA Technologies Co (SYLA Technologies Co) Total Assets : $242.3 Mil (As of Jun. 2023)

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What is SYLA Technologies Co Total Assets?

SYLA Technologies Co's Total Assets for the quarter that ended in Jun. 2023 was $242.3 Mil.

During the past 12 months, SYLA Technologies Co's average Total Assets Growth Rate was 19.80% per year.

Total Assets is connected with ROA %. SYLA Technologies Co's annualized ROA % for the quarter that ended in Jun. 2023 was 1.53%. Total Assets is also linked to Revenue through Asset Turnover. SYLA Technologies Co's Asset Turnover for the quarter that ended in Jun. 2023 was 0.28.

SYLA Technologies Co Total Assets Historical Data

The historical data trend for SYLA Technologies 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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SYLA Technologies Co Total Assets Chart

SYLA Technologies Co Annual Data

Trend

Dec20

Dec21

Dec22

Total Assets

180.09

188.56

220.83

SYLA Technologies Co Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Total Assets	Get a 7-Day Free Trial			-	188.56	193.12	220.83	242.34

SYLA Technologies 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.

SYLA Technologies Co's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Assets	=	Total Equity (A: Dec. 2022 )	+	Total Liabilities (A: Dec. 2022 )
	=	48.673	+	172.155
	=	220.8

SYLA Technologies Co's Total Assets for the quarter that ended in Jun. 2023 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2023 )	+	Total Liabilities (Q: Jun. 2023 )
	=	66.819	+	175.519
	=	242.3

SYLA Technologies Co (NAS:SYT) Total Assets Explanation

Total Assets is connected with ROA %.

SYLA Technologies Co's annualized ROA % for the quarter that ended in Jun. 2023 is

ROA %	=	Net Income (Q: Jun. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
	=	3.536	/	( (220.828	+	242.338)	/ 2 )
	=	3.536	/	231.583
	=	1.53 %

Note: The Net Income data used here is two times the semi-annual (Jun. 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.

SYLA Technologies Co's Asset Turnover for the quarter that ended in Jun. 2023 is

	Asset Turnover
=	Revenue (Q: Jun. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
=	65.921	/	( (220.828	+	242.338)	/ 2 )
=	65.921	/	231.583
=	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.

SYLA Technologies Co Total Assets Related Terms

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SYLA Technologies Co (SYLA Technologies Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » SYLA Technologies Co Ltd (NAS:SYT) » Definitions » Total Assets

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Traded in Other Exchanges

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Address

1-1-39 Hiroo, Ebisu Prime Square 7th Floor, Shibuya-ku, Tokyo, JPN

Website

https://www.syla-tech.jp

SYLA Technologies Co Ltd is a property technology company. It provides asset management platform systems that facilitate real estate crowd-funding as well as the purchase and sale of real estate.