eGuarantee (TSE:8771) Total Assets

: 円28,665 Mil (As of Dec. 2023)

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eGuarantee's Total Assets for the quarter that ended in Dec. 2023 was 円28,665 Mil.

Warning Sign:

If a company builds assets at 11.9% a year, faster than its revenue growth rate of 8.5% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, eGuarantee's average Total Assets Growth Rate was 48.60% per year. During the past 3 years, the average Total Assets Growth Rate was 31.50% per year. During the past 5 years, the average Total Assets Growth Rate was 11.90% per year. During the past 10 years, the average Total Assets Growth Rate was 10.00% per year.

During the past 13 years, eGuarantee's highest 3-Year average Total Assets Growth Rate was 46.20%. The lowest was -1.40%. And the median was 11.60%.

Total Assets is connected with ROA %. eGuarantee's annualized ROA % for the quarter that ended in Dec. 2023 was 12.06%. Total Assets is also linked to Revenue through Asset Turnover. eGuarantee's Asset Turnover for the quarter that ended in Dec. 2023 was 0.08.

eGuarantee Total Assets Historical Data

The historical data trend for eGuarantee'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.

eGuarantee Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Assets

16,427.22

16,444.74

22,570.47

25,256.07

27,997.90

eGuarantee Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets																26,416.16	27,997.90	26,513.36	27,927.52	28,664.52

eGuarantee 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.

eGuarantee's Total Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Assets	=	Total Equity (A: Mar. 2023 )	+	Total Liabilities (A: Mar. 2023 )
	=	21998.646	+	5999.251
	=	27,998

eGuarantee'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 )
	=	23273.786	+	5390.73
	=	28,665

eGuarantee (TSE:8771) Total Assets Explanation

Total Assets is connected with ROA %.

eGuarantee'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 )
	=	3413.364	/	( (27927.521	+	28664.516)	/ 2 )
	=	3413.364	/	28296.0185
	=	12.06 %

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.

eGuarantee'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 )
=	2320.04	/	( (27927.521	+	28664.516)	/ 2 )
=	2320.04	/	28296.0185
=	0.08

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.

eGuarantee Total Assets Related Terms

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eGuarantee (TSE:8771) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » eGuarantee Inc (TSE:8771) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Akasaka BizTower 5-3-1 Akasaka, Minato-ku, Tokyo, JPN, 107-6337

Website

http://www.eguarantee.co.jp

eGuarantee Inc provides services to undertake credit risks that arise in the various business transaction. The company's services include Guarantee services against sales credit, Guarantee services against contractor credit, Guarantee services by debtor's trust, and Guarantee services against a variety of credit.

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