Artgreen Co (NGO:3419) Total Assets : 円1,334 Mil (As of Apr. 2024)

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What is Artgreen Co Total Assets?

Artgreen Co's Total Assets for the quarter that ended in Apr. 2024 was 円1,334 Mil.

Warning Sign:

If a company builds assets at 7.4% a year, faster than its revenue growth rate of 6.1% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Artgreen Co's average Total Assets Growth Rate was -4.40% per year. During the past 3 years, the average Total Assets Growth Rate was 6.80% per year. During the past 5 years, the average Total Assets Growth Rate was 7.40% per year.

During the past 10 years, Artgreen Co's highest 3-Year average Total Assets Growth Rate was 15.00%. The lowest was 4.80%. And the median was 7.90%.

Total Assets is connected with ROA %. Artgreen Co's annualized ROA % for the quarter that ended in Apr. 2024 was 4.51%. Total Assets is also linked to Revenue through Asset Turnover. Artgreen Co's Asset Turnover for the quarter that ended in Apr. 2024 was 0.57.

Artgreen Co Total Assets Historical Data

The historical data trend for Artgreen 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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Artgreen Co Total Assets Chart

Artgreen Co Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Total Assets

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889.48

1,148.56

1,146.75

1,297.71

1,250.22

Artgreen Co Quarterly Data
	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24
Total Assets	Get a 7-Day Free Trial															1,420.18	1,289.15	1,250.22	1,163.19	1,333.76

Artgreen 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.

Artgreen Co's Total Assets for the fiscal year that ended in Oct. 2023 is calculated as

Total Assets	=	Total Equity (A: Oct. 2023 )	+	Total Liabilities (A: Oct. 2023 )
	=	507.278	+	742.945
	=	1,250

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

Total Assets	=	Total Equity (Q: Apr. 2024 )	+	Total Liabilities (Q: Apr. 2024 )
	=	524.845	+	808.912
	=	1,334

Artgreen Co (NGO:3419) Total Assets Explanation

Total Assets is connected with ROA %.

Artgreen Co's annualized ROA % for the quarter that ended in Apr. 2024 is

ROA %	=	Net Income (Q: Apr. 2024 )	/	( (Total Assets (Q: Jan. 2024 )	+	Total Assets (Q: Apr. 2024 ))	/ count )
	=	56.324	/	( (1163.186	+	1333.757)	/ 2 )
	=	56.324	/	1248.4715
	=	4.51 %

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

Artgreen Co's Asset Turnover for the quarter that ended in Apr. 2024 is

	Asset Turnover
=	Revenue (Q: Apr. 2024 )	/	( (Total Assets (Q: Jan. 2024 )	+	Total Assets (Q: Apr. 2024 ))	/ count )
=	705.828	/	( (1163.186	+	1333.757)	/ 2 )
=	705.828	/	1248.4715
=	0.57

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.

Artgreen Co Total Assets Related Terms

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Artgreen Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Artgreen Co Ltd (NGO:3419) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Fukuzumi Building 1-8-8 Fukuzumi, Koto Ward, Tokyo, JPN, 135-0032

Website

http://www.artgreen.co.jp

Artgreen Co Ltd is specialized in flower business and offers various services ranging from seed production, sales, distribution. It is a supplier and grower of orchid seeds and other seedlings. It is engaged in the importing and marketing of flower. It also produces the artificial flower.

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