Matsui Securities Co's Total Assets for the quarter that ended in Dec. 2023 was 円1,070,234 Mil.
Warning Sign:
If a company builds assets at 12.2% a year, faster than its revenue growth rate of 6.7% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Matsui Securities Co's average Total Assets Growth Rate was 16.50% per year.
During the past 3 years, the average Total Assets Growth Rate was 5.50% per year.
During the past 5 years, the average Total Assets Growth Rate was 12.20% per year.
During the past 10 years, the average Total Assets Growth Rate was 1.10% per year.
During the past 13 years, Matsui Securities Co's highest 3-Year average Total Assets Growth Rate was 24.20%. The lowest was -30.20%. And the median was -1.90%.
The historical data trend for Matsui Securities 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.
Matsui Securities Co's Total Assets for the fiscal year that ended in Mar. 2024 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.
Matsui Securities Co (TSE:8628) 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.
Matsui Securities 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.
Matsui Securities Co Total Assets Related Terms
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Matsui Securities Co (TSE:8628) Business Description
Matsui Securities Co Ltd is a Japanese online securities broker that provides services and trading platform for retail investors. The company's services include cash, margin, futures, and foreign exchange trading. Brokerage commissions and net interest income account for most of Matsui's operating revenue. The company generates the brokerage commissions through equity (cash and margin), futures and options, and foreign exchange transactions. The commissions on equity transactions account for the vast majority of brokerage commission revenue. Net interest income stems from margin and securities lending transaction revenue deducting interest expenses on margin transactions.
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