Tokai Carbon Korea Co's Total Assets for the quarter that ended in Dec. 2023 was ₩495,504 Mil.
Warning Sign:
If a company builds assets at 16.8% a year, faster than its revenue growth rate of 10.4% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Tokai Carbon Korea Co's average Total Assets Growth Rate was 17.30% per year.
During the past 3 years, the average Total Assets Growth Rate was 16.80% per year.
During the past 5 years, the average Total Assets Growth Rate was 16.80% per year.
During the past 10 years, the average Total Assets Growth Rate was 16.20% per year.
During the past 13 years, Tokai Carbon Korea Co's highest 3-Year average Total Assets Growth Rate was 39.30%. The lowest was -7.50%. And the median was 16.50%.
Tokai Carbon Korea Co Total Assets Historical Data
The historical data trend for Tokai Carbon Korea 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.
Tokai Carbon Korea Co'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.
Tokai Carbon Korea Co (XKRX:064760) 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.
Tokai Carbon Korea 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.
Tokai Carbon Korea Co Total Assets Related Terms
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Tokai Carbon Korea Co (XKRX:064760) Business Description
Tokai Carbon Korea Co Ltd operates in semiconductor equipment and material business. It is mainly engaged in the manufacturing core parts and components for semiconductor, LED and solar energy industries. The company offers high purity graphite components, susceptors, SiC coated components, LED and semiconductor parts, processed semiconductor parts, heaters, and solid SiC components.
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