M3 (MTHRF) Total Assets : $3,276 Mil (As of Mar. 2024)

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What is M3 Total Assets?

M3's Total Assets for the quarter that ended in Mar. 2024 was $3,276 Mil.

Warning Sign:

If a company builds assets at 23.6% a year, faster than its revenue growth rate of 16.7% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, M3's average Total Assets Growth Rate was 22.30% per year. During the past 3 years, the average Total Assets Growth Rate was 25.40% per year. During the past 5 years, the average Total Assets Growth Rate was 23.60% per year. During the past 10 years, the average Total Assets Growth Rate was 25.60% per year.

During the past 13 years, M3's highest 3-Year average Total Assets Growth Rate was 94.30%. The lowest was 19.80%. And the median was 32.50%.

Total Assets is connected with ROA %. M3's annualized ROA % for the quarter that ended in Mar. 2024 was 7.11%. Total Assets is also linked to Revenue through Asset Turnover. M3's Asset Turnover for the quarter that ended in Mar. 2024 was 0.12.

M3 Total Assets Historical Data

The historical data trend for M3'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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M3 Total Assets Chart

M3 Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Assets

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2,060.41

2,512.65

2,917.77

2,997.40

3,275.83

M3 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															2,997.40	3,110.12	3,118.25	3,221.53	3,275.83

M3 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.

M3'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 )
	=	2447.633	+	828.195
	=	3,276

M3's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	2447.633	+	828.195
	=	3,276

M3 (OTCPK:MTHRF) Total Assets Explanation

Total Assets is connected with ROA %.

M3's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	231.132	/	( (3221.525	+	3275.828)	/ 2 )
	=	231.132	/	3248.6765
	=	7.11 %

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

M3's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	398.442	/	( (3221.525	+	3275.828)	/ 2 )
=	398.442	/	3248.6765
=	0.12

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.

M3 Total Assets Related Terms

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M3 (MTHRF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » M3 Inc (OTCPK:MTHRF) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

MTHRY:USA 2413:Japan 4YC:Germany

Address

Akasaka Intercity 10th floor, 1-11-44 Akasaka, Minato-ku, Tokyo, JPN, 105-0012

Website

http://corporate.m3.com

M3, Inc. is a Japan-based company engaged in providing medical-related services through the use of the Internet. It also supports marketing of pharmaceutical companies and medical equipment manufacturers. The company's business segment includes, Medical Portal segment, Evidence Solution segment, Overseas segment, Clinical Platform segment, Sales Platform segment, and Others. The company generates the majority of its revenue from Medical Portal segment.