KURRY (Kuraray Co) Total Assets : $8,408 Mil (As of Jun. 2024)

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What is Kuraray Co Total Assets?

Kuraray Co's Total Assets for the quarter that ended in Jun. 2024 was $8,408 Mil.

During the past 12 months, Kuraray Co's average Total Assets Growth Rate was 4.80% per year. During the past 3 years, the average Total Assets Growth Rate was 9.20% per year. During the past 5 years, the average Total Assets Growth Rate was 6.20% per year. During the past 10 years, the average Total Assets Growth Rate was 8.40% per year.

During the past 13 years, Kuraray Co's highest 3-Year average Total Assets Growth Rate was 15.40%. The lowest was -10.20%. And the median was 5.90%.

Total Assets is connected with ROA %. Kuraray Co's annualized ROA % for the quarter that ended in Jun. 2024 was 2.63%. Total Assets is also linked to Revenue through Asset Turnover. Kuraray Co's Asset Turnover for the quarter that ended in Jun. 2024 was 0.16.

Kuraray Co Total Assets Historical Data

The historical data trend for Kuraray 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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Kuraray Co Total Assets Chart

Kuraray Co Annual Data

Trend

Mar14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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9,084.69

10,131.34

9,584.35

9,054.11

8,712.82

Kuraray Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Assets	Get a 7-Day Free Trial															8,600.68	8,712.82	8,630.70	8,407.57	-

Kuraray 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.

Kuraray 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 )
	=	5112.844	+	3599.976
	=	8,713

Kuraray Co's Total Assets for the quarter that ended in Jun. 2024 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2024 )	+	Total Liabilities (Q: Jun. 2024 )
	=	5190.891	+	3216.679
	=	8,408

Kuraray Co (OTCPK:KURRY) Total Assets Explanation

Total Assets is connected with ROA %.

Kuraray Co's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %	=	Net Income (Q: Jun. 2024 )	/	( (Total Assets (Q: Mar. 2024 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
	=	223.792	/	( (8630.697	+	8407.57)	/ 2 )
	=	223.792	/	8519.1335
	=	2.63 %

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

Kuraray Co's Asset Turnover for the quarter that ended in Jun. 2024 is

	Asset Turnover
=	Revenue (Q: Jun. 2024 )	/	( (Total Assets (Q: Mar. 2024 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
=	1387.521	/	( (8630.697	+	8407.57)	/ 2 )
=	1387.521	/	8519.1335
=	0.16

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.

Kuraray Co Total Assets Related Terms

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Kuraray Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Kuraray Co Ltd (OTCPK:KURRY) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

KURRF:USA 3405:Japan KUY:Germany

Address

Ote Center Building,1-1-3, Otemachi, Chiyoda-ku, Tokyo, JPN, 100-8115

Website

http://www.kuraray.co.jp

Kuraray Co Ltd manufactures and sells specialty chemicals, fiber, and resin. The firm organizes itself into six segments based on product type. The Vinyl Acetate segment, which generates the most revenue of any segment, sells plastic films and resins for use in the food packaging and electronics industries. The Isoprene segment sells isoprene chemicals, thermoplastic elastomers, and liquid rubber. The Functional Materials segment sells dental materials, while the Fibers and Textiles segment sells fibers for cement and concrete, industrial products for automobiles, and hook and loop fasteners for clothing. The other two segments are Trading, and Other. The majority of revenue comes from Asia.