ASICS (ASCCF) Total Assets : $3,416 Mil (As of Sep. 2024)

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What is ASICS Total Assets?

ASICS's Total Assets for the quarter that ended in Sep. 2024 was $3,416 Mil.

During the past 12 months, ASICS's average Total Assets Growth Rate was 12.00% per year. During the past 3 years, the average Total Assets Growth Rate was 16.30% per year. During the past 5 years, the average Total Assets Growth Rate was 9.20% per year. During the past 10 years, the average Total Assets Growth Rate was 3.40% per year.

During the past 13 years, ASICS's highest 3-Year average Total Assets Growth Rate was 16.60%. The lowest was -6.30%. And the median was 6.40%.

Total Assets is connected with ROA %. ASICS's annualized ROA % for the quarter that ended in Sep. 2024 was 19.00%. Total Assets is also linked to Revenue through Asset Turnover. ASICS's Asset Turnover for the quarter that ended in Sep. 2024 was 0.38.

ASICS Total Assets Historical Data

The historical data trend for ASICS'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.

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ASICS Total Assets Chart

ASICS Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Total Assets

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3,209.98

3,037.55

3,150.63

3,223.44

3,374.16

ASICS Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Total Assets	Get a 7-Day Free Trial															3,223.44	3,246.95	3,274.85	3,416.41	3,374.16

ASICS 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.

ASICS's Total Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Assets	=	Total Equity (A: Dec. 2024 )	+	Total Liabilities (A: Dec. 2024 )
	=	1527.407	+	1846.753
	=	3,374

ASICS's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2024 )	+	Total Liabilities (Q: Sep. 2024 )
	=	1525.533	+	1890.874
	=	3,416

ASICS (OTCPK:ASCCF) Total Assets Explanation

Total Assets is connected with ROA %.

ASICS's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %	=	Net Income (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
	=	635.756	/	( (3274.845	+	3416.407)	/ 2 )
	=	635.756	/	3345.626
	=	19.00 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) 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.

ASICS's Asset Turnover for the quarter that ended in Sep. 2024 is

	Asset Turnover
=	Revenue (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
=	1281.916	/	( (3274.845	+	3416.407)	/ 2 )
=	1281.916	/	3345.626
=	0.38

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.

ASICS Total Assets Related Terms

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ASICS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » ASICS Corp (OTCPK:ASCCF) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

ASCCY:USA 7936:Japan ASI1:Germany

Address

1-1, Minatojima-Nakamachi 7-chome, Chuo-ku, Kobe, JPN, 650-8555

Website

http://www.asics.co.jp

Founded in 1949 in Kobe, Japan, Asics is a leading sports footwear brand specializing in performance running shoes. Asics is well-known for its stability running shoe Gel-Kayano, which has been popular among runners for over 30 years thanks to its cushioning technology. It also owns Onitsuka Tiger, which is a sports fashion brand named after the company's founder, Kihachiro Onitsuka. In 2023, Asics had annual sales of over JPY 570 billion, and it operated around 600 self-owned retail stores around the globe.