ICHIF (Ichigo) Total Assets : $2,428.3 Mil (As of May. 2024)

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What is Ichigo Total Assets?

Ichigo's Total Assets for the quarter that ended in May. 2024 was $2,428.3 Mil.

During the past 12 months, Ichigo's average Total Assets Growth Rate was 0.40% per year. During the past 3 years, the average Total Assets Growth Rate was 2.70% per year. During the past 5 years, the average Total Assets Growth Rate was 2.70% per year. During the past 10 years, the average Total Assets Growth Rate was 10.30% per year.

During the past 13 years, Ichigo's highest 3-Year average Total Assets Growth Rate was 183.50%. The lowest was -26.10%. And the median was 5.60%.

Total Assets is connected with ROA %. Ichigo's annualized ROA % for the quarter that ended in May. 2024 was 3.78%. Total Assets is also linked to Revenue through Asset Turnover. Ichigo's Asset Turnover for the quarter that ended in May. 2024 was 0.07.

Ichigo Total Assets Historical Data

The historical data trend for Ichigo'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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Ichigo Total Assets Chart

Ichigo Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Total Assets

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3,033.06

3,293.65

2,931.11

2,545.12

2,453.06

Ichigo Quarterly Data
	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24
Total Assets	Get a 7-Day Free Trial															2,591.68	2,461.43	2,440.55	2,453.06	2,428.31

Ichigo 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.

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

Total Assets	=	Total Equity (A: Feb. 2024 )	+	Total Liabilities (A: Feb. 2024 )
	=	777.181	+	1675.881
	=	2,453.1

Ichigo's Total Assets for the quarter that ended in May. 2024 is calculated as

Total Assets	=	Total Equity (Q: May. 2024 )	+	Total Liabilities (Q: May. 2024 )
	=	741.013	+	1687.294
	=	2,428.3

Ichigo (OTCPK:ICHIF) Total Assets Explanation

Total Assets is connected with ROA %.

Ichigo's annualized ROA % for the quarter that ended in May. 2024 is

ROA %	=	Net Income (Q: May. 2024 )	/	( (Total Assets (Q: Feb. 2024 )	+	Total Assets (Q: May. 2024 ))	/ count )
	=	92.156	/	( (2453.063	+	2428.307)	/ 2 )
	=	92.156	/	2440.685
	=	3.78 %

Note: The Net Income data used here is four times the quarterly (May. 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.

Ichigo's Asset Turnover for the quarter that ended in May. 2024 is

	Asset Turnover
=	Revenue (Q: May. 2024 )	/	( (Total Assets (Q: Feb. 2024 )	+	Total Assets (Q: May. 2024 ))	/ count )
=	161.007	/	( (2453.063	+	2428.307)	/ 2 )
=	161.007	/	2440.685
=	0.07

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.

Ichigo Total Assets Related Terms

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Ichigo Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Ichigo Inc (OTCPK:ICHIF) » Definitions » Total Assets

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2337:Japan

Address

17F, The Imperial Hotel Tower, 1-1-1, Uchisaiwai-cho, Chiyoda-k, Tokyo, JPN, 100-0011

Website

https://www.ichigo.gr.jp

Ichigo Inc is a Japanese real estate owner and operator, and clean energy producer. It manages several real estate investment trusts and operates solar plants across Japan. REIT opportunities include midsize hotel and office properties. Revenue is generated through fees via the management of the Ichigo REIT and private funds, and other fee-generating real estate services related to sourcing, financing, operation, property management, facility management, and disposition of real estate assets. Additional income is generated through the sale of properties and rental income. Clean Energy services involve the production of mega solar power.