Mitsubishi Heavy Industries (Mitsubishi Heavy Industries) Total Assets

: $41,798 Mil (As of Dec. 2023)

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Mitsubishi Heavy Industries's Total Assets for the quarter that ended in Dec. 2023 was $41,798 Mil.

During the past 12 months, Mitsubishi Heavy Industries's average Total Assets Growth Rate was 11.30% per year. During the past 3 years, the average Total Assets Growth Rate was 2.90% per year. During the past 5 years, the average Total Assets Growth Rate was -0.20% per year. During the past 10 years, the average Total Assets Growth Rate was 1.20% per year.

During the past 13 years, Mitsubishi Heavy Industries's highest 3-Year average Total Assets Growth Rate was 12.90%. The lowest was -6.20%. And the median was -1.10%.

Total Assets is connected with ROA %. Mitsubishi Heavy Industries's annualized ROA % for the quarter that ended in Dec. 2023 was 3.17%. Total Assets is also linked to Revenue through Asset Turnover. Mitsubishi Heavy Industries's Asset Turnover for the quarter that ended in Dec. 2023 was 0.20.

Mitsubishi Heavy Industries Total Assets Historical Data

The historical data trend for Mitsubishi Heavy Industries'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.

Mitsubishi Heavy Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Assets

47,149.09

46,306.45

44,257.29

43,147.68

40,959.42

Mitsubishi Heavy Industries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets																40,601.14	40,959.42	40,011.59	38,967.57	41,798.37

Mitsubishi Heavy Industries 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.

Mitsubishi Heavy Industries'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 )
	=	13720.821	+	27238.597
	=	40,959

Mitsubishi Heavy Industries'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 )
	=	14087.414	+	27710.956
	=	41,798

Mitsubishi Heavy Industries (OTCPK:MHVYF) Total Assets Explanation

Total Assets is connected with ROA %.

Mitsubishi Heavy Industries'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 )
	=	1280.888	/	( (38967.567	+	41798.37)	/ 2 )
	=	1280.888	/	40382.9685
	=	3.17 %

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.

Mitsubishi Heavy Industries'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 )
=	8274.633	/	( (38967.567	+	41798.37)	/ 2 )
=	8274.633	/	40382.9685
=	0.20

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.

Mitsubishi Heavy Industries Total Assets Related Terms

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Mitsubishi Heavy Industries (Mitsubishi Heavy Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Mitsubishi Heavy Industries Ltd (OTCPK:MHVYF) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

7011:Japan MIH:Germany

Address

2-3 Marunouchi 3-chome, Chiyoda-ku, Tokyo, JPN, 100-8332

Website

https://www.mhi.com

Mitsubishi Heavy Industries Ltd is engaged in the manufacturing and sale of ships, industrial machinery, and aircraft. The segments of the company are Energy, Plants and Infrastructure Systems, Logistics, Thermal and Drive Systems, and Aircraft, Defense, and Space. The company earns maximum revenue from the energy segment which handles clean gas, steam power systems, nuclear power systems, compressors, and marine machinery. The Plants and Infrastructure Systems segment of the company deals with commercial ships, engineering, machine tools, and machinery systems; Logistics, Thermal, and Drive Systems provide material handling systems, engines, HVAC systems, and automotive air-conditioners; and the Aircraft, Defense, and Space cover commercial aircraft, defense aircraft, and others.