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MRM (MEDIROM Healthcare Technologies) Total Assets : $36.91 Mil (As of Jun. 2024)


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What is MEDIROM Healthcare Technologies Total Assets?

MEDIROM Healthcare Technologies's Total Assets for the quarter that ended in Jun. 2024 was $36.91 Mil.

During the past 12 months, MEDIROM Healthcare Technologies's average Total Assets Growth Rate was -14.30% per year. During the past 3 years, the average Total Assets Growth Rate was 4.50% per year. During the past 5 years, the average Total Assets Growth Rate was 4.80% per year.

During the past 6 years, MEDIROM Healthcare Technologies's highest 3-Year average Total Assets Growth Rate was 7.30%. The lowest was 4.50%. And the median was 5.60%.

Total Assets is connected with ROA %. MEDIROM Healthcare Technologies's annualized ROA % for the quarter that ended in Jun. 2024 was -17.46%. Total Assets is also linked to Revenue through Asset Turnover. MEDIROM Healthcare Technologies's Asset Turnover for the quarter that ended in Jun. 2024 was 0.52.

MEDIROM Healthcare Technologies Total Assets Historical Data

The historical data trend for MEDIROM Healthcare Technologies'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.

MEDIROM Healthcare Technologies Total Assets Chart

MEDIROM Healthcare Technologies Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial 43.61 55.05 50.54 50.01 47.57

MEDIROM Healthcare Technologies Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 40.98 50.01 42.86 47.57 36.91

MEDIROM Healthcare Technologies 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.

MEDIROM Healthcare Technologies'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 )
=1.5+46.07
=47.57

MEDIROM Healthcare Technologies'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 )
=-2.308+39.221
=36.91

* 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.

MEDIROM Healthcare Technologies  (NAS:MRM) Total Assets Explanation

Total Assets is connected with ROA %.

MEDIROM Healthcare Technologies's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %=Net Income (Q: Jun. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Jun. 2024 ))/ count )
=-7.376/( (47.57+36.913)/ 2 )
=-7.376/42.2415
=-17.46 %

Note: The Net Income data used here is two times the semi-annual (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.

MEDIROM Healthcare Technologies's Asset Turnover for the quarter that ended in Jun. 2024 is

Asset Turnover
=Revenue (Q: Jun. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Jun. 2024 ))/ count )
=22.015/( (47.57+36.913)/ 2 )
=22.015/42.2415
=0.52

* 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.

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.

MEDIROM Healthcare Technologies Total Assets Related Terms

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MEDIROM Healthcare Technologies Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » MEDIROM Healthcare Technologies Inc (NAS:MRM) » Definitions » Total Assets
Comparable Companies
IVP TRNR DROR EJH ROL SCI BFAM HRB FTDR HKSE:01448 LSE:XPS ROCO:5530 LSE:CVSG XTER:CWC OHEL:MUSTI CSV ASX:PFP LSE:MER TSE:2305 SHSE:600421
Traded in Other Exchanges
N/A
Address
2-3-1 Daiba, Minato-ku, 16th Floor Tradepia Odaiba, Tokyo, JPN, 135-0091
Website
https://www.medirom.co.jp
MEDIROM Healthcare Technologies Inc provides health services. The company is a franchiser and operator of healthcare salons and operates in segments namely Relaxation Salon, Digital Preventative Healthcare, and Luxury Beauty Segment. The company generates a majority of its revenue from the Relaxation Salon business segment. Geographically, the company generates a maximum share of its revenue from Japan.