Nissin Foods Co (FRA:4NS) Total Assets : €549.9 Mil (As of Dec. 2023)

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What is Nissin Foods Co Total Assets?

Nissin Foods Co's Total Assets for the quarter that ended in Dec. 2023 was €549.9 Mil.

During the past 12 months, Nissin Foods Co's average Total Assets Growth Rate was -0.50% per year. During the past 3 years, the average Total Assets Growth Rate was 2.60% per year. During the past 5 years, the average Total Assets Growth Rate was 6.40% per year.

During the past 10 years, Nissin Foods Co's highest 3-Year average Total Assets Growth Rate was 11.20%. The lowest was -0.30%. And the median was 6.90%.

Total Assets is connected with ROA %. Nissin Foods Co's annualized ROA % for the quarter that ended in Dec. 2023 was 5.10%. Total Assets is also linked to Revenue through Asset Turnover. Nissin Foods Co's Asset Turnover for the quarter that ended in Dec. 2023 was 0.19.

Nissin Foods Co Total Assets Historical Data

The historical data trend for Nissin Foods 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.

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Nissin Foods Co Total Assets Chart

Nissin Foods Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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534.38

549.69

596.84

557.74

549.95

Nissin Foods Co Quarterly Data
	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial															-	557.74	519.95	552.71	549.95

Nissin Foods 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.

Nissin Foods Co's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	431.471	+	118.477
	=	549.9

Nissin Foods Co'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 )
	=	431.471	+	118.477
	=	549.9

Nissin Foods Co (FRA:4NS) Total Assets Explanation

Total Assets is connected with ROA %.

Nissin Foods Co'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 )
	=	28.092	/	( (552.711	+	549.948)	/ 2 )
	=	28.092	/	551.3295
	=	5.10 %

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.

Nissin Foods Co'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 )
=	103	/	( (552.711	+	549.948)	/ 2 )
=	103	/	551.3295
=	0.19

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.

Nissin Foods Co Total Assets Related Terms

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Nissin Foods Co (FRA:4NS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Nissin Foods Co Ltd (FRA:4NS) » Definitions » Total Assets

Traded in Other Exchanges

01475:Hong Kong

Address

11-13 Dai Shun Street, Tai Po Industrial Estate, Tai Po, New Territories, Hong Kong, HKG

Website

https://www.nissingroup.com.hk

Nissin Foods Co Ltd is a Hong Kong-based company. The company produces and sell instant noodle, frozen food, retort foods, beverage products and snacks in Hong Kong and China. It sells its products under the brand name NISSIN, DOLL, Cup Noodles, Doll Instant Noodle, and Fuku. The company's operating segments include HK Operations and PRC Operations. It derives a majority of revenue from the PRC Operations segment.

Nissin Foods Co (FRA:4NS) Headlines

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