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Chita Kogyo Co (NGO:5993) Total Assets : 円31,089 Mil (As of Aug. 2024)


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What is Chita Kogyo Co Total Assets?

Chita Kogyo Co's Total Assets for the quarter that ended in Aug. 2024 was 円31,089 Mil.

During the past 12 months, Chita Kogyo Co's average Total Assets Growth Rate was 12.40% per year. During the past 3 years, the average Total Assets Growth Rate was 10.90% per year. During the past 5 years, the average Total Assets Growth Rate was 5.50% per year. During the past 10 years, the average Total Assets Growth Rate was 3.30% per year.

During the past 13 years, Chita Kogyo Co's highest 3-Year average Total Assets Growth Rate was 10.90%. The lowest was -2.60%. And the median was 2.70%.

Total Assets is connected with ROA %. Chita Kogyo Co's annualized ROA % for the quarter that ended in Aug. 2024 was 2.51%. Total Assets is also linked to Revenue through Asset Turnover. Chita Kogyo Co's Asset Turnover for the quarter that ended in Aug. 2024 was 0.12.


Chita Kogyo Co Total Assets Historical Data

The historical data trend for Chita Kogyo 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.

* Premium members only.

Chita Kogyo Co Total Assets Chart

Chita Kogyo Co Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21,122.77 22,217.61 23,513.60 26,379.23 29,516.91

Chita Kogyo Co Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 27,721.43 28,646.05 29,516.91 31,337.67 31,088.59

Chita Kogyo 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.

Chita Kogyo Co'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 )
=23688.823+5828.086
=29,517

Chita Kogyo Co's Total Assets for the quarter that ended in Aug. 2024 is calculated as

Total Assets=Total Equity (Q: Aug. 2024 )+Total Liabilities (Q: Aug. 2024 )
=24555.975+6532.618
=31,089

* 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.


Chita Kogyo Co  (NGO:5993) Total Assets Explanation

Total Assets is connected with ROA %.

Chita Kogyo Co's annualized ROA % for the quarter that ended in Aug. 2024 is

ROA %=Net Income (Q: Aug. 2024 )/( (Total Assets (Q: May. 2024 )+Total Assets (Q: Aug. 2024 ))/ count )
=784.94/( (31337.669+31088.593)/ 2 )
=784.94/31213.131
=2.51 %

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

Chita Kogyo Co's Asset Turnover for the quarter that ended in Aug. 2024 is

Asset Turnover
=Revenue (Q: Aug. 2024 )/( (Total Assets (Q: May. 2024 )+Total Assets (Q: Aug. 2024 ))/ count )
=3854.082/( (31337.669+31088.593)/ 2 )
=3854.082/31213.131
=0.12

* 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.

Chita Kogyo Co Total Assets Related Terms

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Chita Kogyo Co Business Description

Traded in Other Exchanges
N/A
Address
Aichi Prefecture Maenami-cho 2-chome 12, Yubinbango, Kasugai, JPN, 486-0903
Chita Kogyo Co Ltd is engaged in the manufacture of various wire springs, molded products, cutting products, and dental products. The activities of the company include line spring processing, thin plate spring, pipe forming processing, and antivibration rubber processing.

Chita Kogyo Co Headlines

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