SPARX Group Co's Total Assets for the quarter that ended in Dec. 2023 was 円42,770 Mil.
Warning Sign:
If a company builds assets at 7.2% a year, faster than its revenue growth rate of 2.7% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, SPARX Group Co's average Total Assets Growth Rate was 26.60% per year.
During the past 3 years, the average Total Assets Growth Rate was 4.40% per year.
During the past 5 years, the average Total Assets Growth Rate was 7.20% per year.
During the past 10 years, the average Total Assets Growth Rate was 13.80% per year.
During the past 13 years, SPARX Group Co's highest 3-Year average Total Assets Growth Rate was 80.70%. The lowest was -31.70%. And the median was 3.40%.
The historical data trend for SPARX Group 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.
SPARX Group 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.
SPARX Group Co (TSE:8739) 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.
SPARX Group 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.
SPARX Group Co Total Assets Related Terms
Thank you for viewing the detailed overview of SPARX Group Co's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
SPARX Group Co Ltd is a Japan-based holding company engaged in the Asset Management Business and Investment Advisory Business, through its subsidiaries. It operates a variety of investment strategies through a host of entities. The group invests on behalf of corporate pension annuities, government entities, private and trust banks, and public pension funds. Strategies include Japanese equity, Asia ex-Japan alternatives, and Korean strategies. In addition to mutual fund offerings, the company offers advisory services to customers in Japan. Mutual fund offerings are offered directly or through brokerage houses, banks, and other intermediaries globally.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
TSE:8739 has been successfully added to your 