Mitsubishi Estate Co's Total Assets for the quarter that ended in Dec. 2023 was $52,474 Mil.
During the past 12 months, Mitsubishi Estate Co's average Total Assets Growth Rate was 5.60% per year.
During the past 3 years, the average Total Assets Growth Rate was 4.50% per year.
During the past 5 years, the average Total Assets Growth Rate was 2.90% per year.
During the past 10 years, the average Total Assets Growth Rate was 3.30% per year.
During the past 13 years, Mitsubishi Estate Co's highest 3-Year average Total Assets Growth Rate was 14.40%. The lowest was -1.00%. And the median was 4.30%.
Total Assets is connected with ROA %. Mitsubishi Estate Co's annualizedROA % for the quarter that ended in Dec. 2023 was 1.95%. Total Assets is also linked to Revenue through Asset Turnover. Mitsubishi Estate Co's Asset Turnover for the quarter that ended in Dec. 2023 was 0.05.
Mitsubishi Estate Co Total Assets Historical Data
The historical data trend for Mitsubishi Estate 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.
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 Estate Co's Total Assets for the fiscal year that ended in Mar. 2023 is calculated as
* 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.
Mitsubishi Estate Co (OTCPK:MITEY) Total Assets Explanation
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 Estate Co's Asset Turnover for the quarter that ended in Dec. 2023 is
* 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.
Mitsubishi Estate Co Total Assets Related Terms
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Mitsubishi Estate Co (Mitsubishi Estate Co) Business Description
Mitsubishi Estate is one of the three big Japanese real estate companies. Around two thirds of its operating profit comes from leasing office space in Japan, where half of its portfolio is concentrated in the prime Marunouchi/Otemachi district between Tokyo station and the Imperial Palace. Mitsubishi Estate's predecessor originally bought this land from the government in 1890, and the company sees itself as steward of the showcase area's long-term development, rarely if ever selling any properties there.
Mitsubishi Estate Co (Mitsubishi Estate Co) Headlines
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