Furukawa Battery Co (FRA:FBB) Total Assets : €420.1 Mil (As of Dec. 2023)

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What is Furukawa Battery Co Total Assets?

Furukawa Battery Co's Total Assets for the quarter that ended in Dec. 2023 was €420.1 Mil.

During the past 12 months, Furukawa Battery Co's average Total Assets Growth Rate was 2.90% per year. During the past 3 years, the average Total Assets Growth Rate was 5.00% per year. During the past 5 years, the average Total Assets Growth Rate was 3.00% per year. During the past 10 years, the average Total Assets Growth Rate was 2.30% per year.

During the past 13 years, Furukawa Battery Co's highest 3-Year average Total Assets Growth Rate was 14.00%. The lowest was -3.60%. And the median was 2.50%.

Total Assets is connected with ROA %. Furukawa Battery Co's annualized ROA % for the quarter that ended in Dec. 2023 was 4.10%. Total Assets is also linked to Revenue through Asset Turnover. Furukawa Battery Co's Asset Turnover for the quarter that ended in Dec. 2023 was 0.32.

Furukawa Battery Co Total Assets Historical Data

The historical data trend for Furukawa Battery 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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Furukawa Battery Co Total Assets Chart

Furukawa Battery Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Assets

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454.19

445.78

464.66

442.17

401.98

Furukawa Battery Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															442.17	415.83	407.95	420.11	401.98

Furukawa Battery 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.

Furukawa Battery Co's Total Assets for the fiscal year that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (A: Mar. 2024 )	+	Total Liabilities (A: Mar. 2024 )
	=	232.759	+	169.221
	=	402.0

Furukawa Battery 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 )
	=	232.222	+	187.888
	=	420.1

Furukawa Battery Co (FRA:FBB) Total Assets Explanation

Total Assets is connected with ROA %.

Furukawa Battery 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 )
	=	16.992	/	( (407.946	+	420.11)	/ 2 )
	=	16.992	/	414.028
	=	4.10 %

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.

Furukawa Battery 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 )
=	133.039	/	( (407.946	+	420.11)	/ 2 )
=	133.039	/	414.028
=	0.32

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.

Furukawa Battery Co Total Assets Related Terms

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Furukawa Battery Co (FRA:FBB) Business Description

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6937:Japan

Address

Hoshikawa SF Building, 2-4-1 Hoshikawa, Hodogaya-Ku, Yokohama, Kanagawa Prefecture, JPN, 240-0006

Website

http://www.furukawadenchi.co.jp

Furukawa Battery Co Ltd manufactures batteries for automobile, industrial infrastructure, disaster prevention and train, aircraft and space development industries. Automobile segment manufactures batteries for k-cars, mid-size cars, large size cars and motorcycles and also for hybrid and iss cars. Industrial infrastructure segment encompasses storage batteries combined with various power supply devices. Its products are the lead acid storage battery, alkaline storage battery, solar power generation systems for industrial use, battery condition watcher, automotive batteries, motorcycle battery, railway carrier batteries, cycle service storage batteries and power supplies. Automobile segment generates most of the revenues for the company.

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