Meito Transportation Co (FRA:MTD) Total Assets : €218.7 Mil (As of Jun. 2015)

View and export this data going back to . Start your Free Trial

What is Meito Transportation Co Total Assets?

Meito Transportation Co's Total Assets for the quarter that ended in Jun. 2015 was €218.7 Mil.

During the past 12 months, Meito Transportation Co's average Total Assets Growth Rate was -1.30% per year. During the past 3 years, the average Total Assets Growth Rate was 1.70% per year. During the past 5 years, the average Total Assets Growth Rate was 1.50% per year.

During the past 8 years, Meito Transportation Co's highest 3-Year average Total Assets Growth Rate was 1.70%. The lowest was 0.70%. And the median was 1.00%.

Total Assets is connected with ROA %. Meito Transportation Co's annualized ROA % for the quarter that ended in Jun. 2015 was 6.03%. Total Assets is also linked to Revenue through Asset Turnover. Meito Transportation Co's Asset Turnover for the quarter that ended in Jun. 2015 was 0.49.

Meito Transportation Co Total Assets Historical Data

The historical data trend for Meito Transportation 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.

Meito Transportation Co Total Assets Chart

Meito Transportation Co Annual Data

Trend

Mar08

Mar09

Mar10

Mar11

Mar12

Mar13

Mar14

Mar15

Total Assets

Get a 7-Day Free Trial

241.10

258.92

227.07

199.93

227.35

Meito Transportation Co Quarterly Data
	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15
Total Assets	Get a 7-Day Free Trial															221.37	222.01	215.52	227.35	218.66

Meito Transportation 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.

Meito Transportation Co's Total Assets for the fiscal year that ended in Mar. 2015 is calculated as

Total Assets	=	Total Equity (A: Mar. 2015 )	+	Total Liabilities (A: Mar. 2015 )
	=	90.805	+	136.54
	=	227.3

Meito Transportation Co's Total Assets for the quarter that ended in Jun. 2015 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2015 )	+	Total Liabilities (Q: Jun. 2015 )
	=	87.609	+	131.047
	=	218.7

Meito Transportation Co (FRA:MTD) Total Assets Explanation

Total Assets is connected with ROA %.

Meito Transportation Co's annualized ROA % for the quarter that ended in Jun. 2015 is

ROA %	=	Net Income (Q: Jun. 2015 )	/	( (Total Assets (Q: Mar. 2015 )	+	Total Assets (Q: Jun. 2015 ))	/ count )
	=	13.44	/	( (227.345	+	218.656)	/ 2 )
	=	13.44	/	223.0005
	=	6.03 %

Note: The Net Income data used here is four times the quarterly (Jun. 2015) 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.

Meito Transportation Co's Asset Turnover for the quarter that ended in Jun. 2015 is

	Asset Turnover
=	Revenue (Q: Jun. 2015 )	/	( (Total Assets (Q: Mar. 2015 )	+	Total Assets (Q: Jun. 2015 ))	/ count )
=	108.543	/	( (227.345	+	218.656)	/ 2 )
=	108.543	/	223.0005
=	0.49

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.

Meito Transportation Co Total Assets Related Terms

Thank you for viewing the detailed overview of Meito Transportation Co's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Meito Transportation Co (FRA:MTD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Meito Transportation Co Ltd (FRA:MTD) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.meiun.co.jp

Meito Transportation Co., Ltd. operates as a food distribution company in Japan. Its services include general truck transport, truck transport forwarding, and truck repair.