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Sony Financial Holdings (Sony Financial Holdings) Total Assets : $145,827 Mil (As of Jun. 2020)


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What is Sony Financial Holdings Total Assets?

Sony Financial Holdings's Total Assets for the quarter that ended in Jun. 2020 was $145,827 Mil.

Warning Sign:

If a company builds asset at 9.5% a year, faster than its revenue growth rate of 5.7% over the past 5 years, it means that the company may be getting less efficent.

During the past 12 months, Sony Financial Holdings's average Total Assets Growth Rate was 14.50% per year. During the past 3 years, the average Total Assets Growth Rate was 9.80% per year. During the past 5 years, the average Total Assets Growth Rate was 9.50% per year. During the past 10 years, the average Total Assets Growth Rate was 9.80% per year.

During the past 13 years, Sony Financial Holdings's highest 3-Year average Total Assets Growth Rate was 20.00%. The lowest was 8.80%. And the median was 10.10%.

Total Assets is connected with ROA %. Sony Financial Holdings's annualized ROA % for the quarter that ended in Jun. 2020 was 0.34%. Total Assets is also linked to Revenue through Asset Turnover. Sony Financial Holdings's Asset Turnover for the quarter that ended in Jun. 2020 was 0.03.


Sony Financial Holdings Total Assets Historical Data

The historical data trend for Sony Financial Holdings'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.

Sony Financial Holdings Total Assets Chart

Sony Financial Holdings Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 91,667.03 101,595.83 116,943.14 121,177.74 140,485.64

Sony Financial Holdings Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
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 129,449.02 131,517.04 133,256.20 140,485.64 145,826.79

Sony Financial Holdings 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.

Sony Financial Holdings's Total Assets for the fiscal year that ended in Mar. 2020 is calculated as

Total Assets=Total Equity (A: Mar. 2020 )+Total Liabilities (A: Mar. 2020 )
=6426.984+134058.66
=140,486

Sony Financial Holdings's Total Assets for the quarter that ended in Jun. 2020 is calculated as

Total Assets=Total Equity (Q: Jun. 2020 )+Total Liabilities (Q: Jun. 2020 )
=6338.319+139488.465
=145,827

* 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.


Sony Financial Holdings  (OTCPK:SNYFY) Total Assets Explanation

Total Assets is connected with ROA %.

Sony Financial Holdings's annualized ROA % for the quarter that ended in Jun. 2020 is

ROA %=Net Income (Q: Jun. 2020 )/( (Total Assets (Q: Mar. 2020 )+Total Assets (Q: Jun. 2020 ))/ count )
=488.092/( (140485.644+145826.785)/ 2 )
=488.092/143156.2145
=0.34 %

Note: The Net Income data used here is four times the quarterly (Jun. 2020) 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.

Sony Financial Holdings's Asset Turnover for the quarter that ended in Jun. 2020 is

Asset Turnover
=Revenue (Q: Jun. 2020 )/( (Total Assets (Q: Mar. 2020 )+Total Assets (Q: Jun. 2020 ))/ count )
=4610.525/( (140485.644+145826.785)/ 2 )
=4610.525/143156.2145
=0.03

* 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.

Sony Financial Holdings Total Assets Related Terms

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Sony Financial Holdings (Sony Financial Holdings) Business Description

Traded in Other Exchanges
N/A
Address
1-9-2, Otemachi, Chiyoda-ku, Tokyo, JPN, 100-8179
Sony Financial Holdings Inc is a Japanese financial holding company with three core subsidiaries: Sony Life Insurance Co., Ltd. (Sony Life), Sony Assurance Inc. (Sony Assurance) and Sony Bank Inc. (Sony Bank). Sony Life provides customers with a range of life insurance products and services to fulfill diverse customer requirements, death benefit, and other similar protection products. Sony Assurance provides automobile insurance SURE medical and cancer insurance. Sony Bank provides deposits, mortgage loans, investment trusts, foreign-currency margin trading and other services. The company has three business segments namely Life Insurance Business, Non-life Insurance Business and Banking Business. Most of the company's revenue comes from Life Insurance Business.

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