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Nitori Holdings Co (Nitori Holdings Co) Total Assets : $8,307 Mil (As of Dec. 2023)


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What is Nitori Holdings Co Total Assets?

Nitori Holdings Co's Total Assets for the quarter that ended in Dec. 2023 was $8,307 Mil.

Warning Sign:

If a company builds assets at 15.2% a year, faster than its revenue growth rate of 8.9% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Nitori Holdings Co's average Total Assets Growth Rate was 16.10% per year. During the past 3 years, the average Total Assets Growth Rate was 18.20% per year. During the past 5 years, the average Total Assets Growth Rate was 15.20% per year. During the past 10 years, the average Total Assets Growth Rate was 12.50% per year.

During the past 13 years, Nitori Holdings Co's highest 3-Year average Total Assets Growth Rate was 18.20%. The lowest was 7.90%. And the median was 11.70%.

Total Assets is connected with ROA %. Nitori Holdings Co's annualized ROA % for the quarter that ended in Dec. 2023 was 10.51%. Total Assets is also linked to Revenue through Asset Turnover. Nitori Holdings Co's Asset Turnover for the quarter that ended in Dec. 2023 was 0.21.


Nitori Holdings Co Total Assets Historical Data

The historical data trend for Nitori Holdings 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.

* Premium members only.

Nitori Holdings Co Total Assets Chart

Nitori Holdings Co Annual Data
Trend Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,098.70 5,607.44 6,209.67 8,833.81 8,534.63

Nitori Holdings Co Quarterly Data
Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Jun23 Sep23 Dec23
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7,484.00 7,672.02 7,873.00 7,815.77 8,307.50

Nitori Holdings 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.

Nitori Holdings Co's Total Assets for the fiscal year that ended in Feb. 2022 is calculated as

Total Assets=Total Equity (A: Feb. 2022 )+Total Liabilities (A: Feb. 2022 )
=6357.014+2177.612
=8,535

Nitori Holdings 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 )
=6118.508+2188.99
=8,307

* 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.


Nitori Holdings Co  (OTCPK:NCLTF) Total Assets Explanation

Total Assets is connected with ROA %.

Nitori Holdings 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 )
=847.108/( (7815.773+8307.498)/ 2 )
=847.108/8061.6355
=10.51 %

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.

Nitori Holdings 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 )
=1715.026/( (7815.773+8307.498)/ 2 )
=1715.026/8061.6355
=0.21

* 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.

Nitori Holdings Co Total Assets Related Terms

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Nitori Holdings Co (Nitori Holdings Co) Business Description

Traded in Other Exchanges
Address
6-20, Kamiya 3-chome, Kita-ku, Tokyo, JPN, 115-0043
Nitori Holdings Co Ltd is a Japanese holding company engaged in the sale of furniture and interior goods. It primarily operates home furnishing and fashion stores, along with other ventures such as the Nitori Mall and Corporate Enterprise, which focuses on corporate customers. It conducts these operations and more through its subsidiaries. The firm's products include bedding, curtains, cookware, tableware, tables, desks, and sofas. Nitori's operations are divided among manufacturing, trading company and logistics (which deals with imports and distribution centers), sales, and advertisement and publicity. Aside from its presence across Japan, the company operates in California, China, Huizhou, Indonesia, Shanghai, and Vietnam.

Nitori Holdings Co (Nitori Holdings Co) Headlines

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