Tachibana Eletech Co (Tachibana Eletech Co) Total Assets : $1,201 Mil (As of Dec. 2023)

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What is Tachibana Eletech Co Total Assets?

Tachibana Eletech Co's Total Assets for the quarter that ended in Dec. 2023 was $1,201 Mil.

Warning Sign:

If a company builds assets at 10.6% a year, faster than its revenue growth rate of 7.1% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Tachibana Eletech Co's average Total Assets Growth Rate was 15.00% per year. During the past 3 years, the average Total Assets Growth Rate was 17.30% per year. During the past 5 years, the average Total Assets Growth Rate was 10.60% per year. During the past 10 years, the average Total Assets Growth Rate was 6.80% per year.

During the past 13 years, Tachibana Eletech Co's highest 3-Year average Total Assets Growth Rate was 17.30%. The lowest was -3.40%. And the median was 6.85%.

Total Assets is connected with ROA %. Tachibana Eletech Co's annualized ROA % for the quarter that ended in Dec. 2023 was 4.61%. Total Assets is also linked to Revenue through Asset Turnover. Tachibana Eletech Co's Asset Turnover for the quarter that ended in Dec. 2023 was 0.33.

Tachibana Eletech Co Total Assets Historical Data

The historical data trend for Tachibana Eletech 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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Tachibana Eletech Co Total Assets Chart

Tachibana Eletech Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Assets

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1,053.54

1,106.40

1,139.95

1,149.41

1,189.98

Tachibana Eletech Co 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															1,149.41	1,127.35	1,162.13	1,201.24	1,189.98

Tachibana Eletech 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.

Tachibana Eletech Co'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 )
	=	617.887	+	572.092
	=	1,190

Tachibana Eletech Co's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	617.913	+	583.325
	=	1,201

Tachibana Eletech Co (OTCPK:TBNAF) Total Assets Explanation

Total Assets is connected with ROA %.

Tachibana Eletech Co's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	54.48	/	( (1162.129	+	1201.238)	/ 2 )
	=	54.48	/	1181.6835
	=	4.61 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) 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.

Tachibana Eletech Co's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	388.696	/	( (1162.129	+	1201.238)	/ 2 )
=	388.696	/	1181.6835
=	0.33

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.

Tachibana Eletech Co Total Assets Related Terms

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Tachibana Eletech Co (Tachibana Eletech Co) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Tachibana Eletech Co Ltd (OTCPK:TBNAF) » Definitions » Total Assets

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Traded in Other Exchanges

8159:Japan

Address

1-13-25, Nishi-honmachi, Nishi-ku, Osaka, JPN, 550-8555

Website

http://www.tachibana.co.jp

Tachibana Eletech Co Ltd is a Japan based technology driven company engaged in the sale of factory automation systems. It operates in the segments of Factory automation systems business, Semiconductors and electronic devices business, and Building services systems business. The company derives a majority of the revenue from the Factory automation systems business, which involves products and services like programmable controllers, inverters, AC servos, various types of motors, power distribution control equipment and control devices, industrial robots, and other products. It has a business presence in Japan and various other countries.

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