Nisshinbo Holdings's Total Assets for the quarter that ended in Dec. 2023 was $4,669 Mil.
During the past 12 months, Nisshinbo Holdings's average Total Assets Growth Rate was 8.50% per year.
During the past 3 years, the average Total Assets Growth Rate was 5.30% per year.
During the past 5 years, the average Total Assets Growth Rate was 0.30% per year.
During the past 13 years, Nisshinbo Holdings's highest 3-Year average Total Assets Growth Rate was 18.20%. The lowest was -10.10%. And the median was 2.90%.
The historical data trend for Nisshinbo Holdings'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.
Nisshinbo Holdings's Total Assets for the fiscal year that ended in Dec. 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.
Nisshinbo Holdings (OTCPK:NSHBY) 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.
Nisshinbo Holdings'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.
Nisshinbo Holdings Total Assets Related Terms
Thank you for viewing the detailed overview of Nisshinbo Holdings's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Nisshinbo Holdings (Nisshinbo Holdings) Business Description
Nisshinbo Holdings Inc is a Japan-based company that is primarily engaged in electronics, automobile brake, textile, paper, and precision instrument businesses. The company's electronics business provides shipping navigation technology, network equipment, microwave-related products, semiconductor devices, and others. The automobile brake business manufactures friction materials and assembly products. The textile business primarily manufactures non-iron shirts, non-woven fabrics, and spandex. The paper business mainly manufactures household paper, specialty paper, and processed paper products. The precision instrument business produces plastic molding parts, precision parts and others.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
NSHBY has been successfully added to your 