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Accordia Golf Co (Accordia Golf Co) Total Assets : $1,287.9 Mil (As of Dec. 2016)


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What is Accordia Golf Co Total Assets?

Accordia Golf Co's Total Assets for the quarter that ended in Dec. 2016 was $1,287.9 Mil.

Total Assets is connected with ROA %. Accordia Golf Co's annualized ROA % for the quarter that ended in Dec. 2016 was 6.25%. Total Assets is also linked to Revenue through Asset Turnover. Accordia Golf Co's Asset Turnover for the quarter that ended in Dec. 2016 was 0.08.


Accordia Golf Co Total Assets Historical Data

The historical data trend for Accordia Golf 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.

* Premium members only.

Accordia Golf Co Total Assets Chart

Accordia Golf Co Annual Data
Trend Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,073.93 2,796.71 2,569.50 1,310.49 1,346.43

Accordia Golf Co Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,262.54 1,346.43 1,443.90 1,482.62 1,287.87

Accordia Golf Co 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.

Accordia Golf Co's Total Assets for the fiscal year that ended in Mar. 2016 is calculated as

Total Assets=Total Equity (A: Mar. 2016 )+Total Liabilities (A: Mar. 2016 )
=443.15+903.277
=1,346.4

Accordia Golf Co's Total Assets for the quarter that ended in Dec. 2016 is calculated as

Total Assets=Total Equity (Q: Dec. 2016 )+Total Liabilities (Q: Dec. 2016 )
=450.357+837.513
=1,287.9

* 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.


Accordia Golf Co  (OTCPK:ACGFY) Total Assets Explanation

Total Assets is connected with ROA %.

Accordia Golf Co's annualized ROA % for the quarter that ended in Dec. 2016 is

ROA %=Net Income (Q: Dec. 2016 )/( (Total Assets (Q: Sep. 2016 )+Total Assets (Q: Dec. 2016 ))/ count )
=86.56/( (1482.624+1287.871)/ 2 )
=86.56/1385.2475
=6.25 %

Note: The Net Income data used here is four times the quarterly (Dec. 2016) 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.

Accordia Golf Co's Asset Turnover for the quarter that ended in Dec. 2016 is

Asset Turnover
=Revenue (Q: Dec. 2016 )/( (Total Assets (Q: Sep. 2016 )+Total Assets (Q: Dec. 2016 ))/ count )
=113.816/( (1482.624+1287.871)/ 2 )
=113.816/1385.2475
=0.08

* 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.

Accordia Golf Co Total Assets Related Terms

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Accordia Golf Co (Accordia Golf Co) Business Description

Traded in Other Exchanges
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Address
Accordia Golf Co Ltd is a Japan-based company primarily involved in the golf business. It owns, operates, and manages golf courses and golf practice ranges in Japan. The activity of golf courses is primarily operated in metropolitan areas and regional urban centers under the Accordia Golf brand name. In addition, the group is also engaged in the operation of restaurants and hotels. It derives revenue from the playing fees, membership fees, sale of golf equipment and rest through the restaurants and hotels activities.

Accordia Golf Co (Accordia Golf Co) Headlines

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