Thinca Co (TSE:149A) Total Assets : 円1,104.8 Mil (As of Mar. 2024)

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What is Thinca Co Total Assets?

Thinca Co's Total Assets for the quarter that ended in Mar. 2024 was 円1,104.8 Mil.

During the past 12 months, Thinca Co's average Total Assets Growth Rate was 19.80% per year.

Total Assets is connected with ROA %. Thinca Co's annualized ROA % for the quarter that ended in Mar. 2024 was -1.84%. Total Assets is also linked to Revenue through Asset Turnover. Thinca Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.36.

Thinca Co Total Assets Historical Data

The historical data trend for Thinca 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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Thinca Co Total Assets Chart

Thinca Co Annual Data

Trend

Dec21

Dec22

Dec23

Total Assets

529.14

399.78

536.75

Thinca Co Quarterly Data
	Dec21	Dec22	Sep23	Dec23	Mar24
Total Assets	529.14	399.78	515.27	536.75	1,104.84

Thinca 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.

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

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	391.939	+	144.812
	=	536.8

Thinca Co'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 )
	=	955.294	+	149.548
	=	1,104.8

Thinca Co (TSE:149A) Total Assets Explanation

Total Assets is connected with ROA %.

Thinca Co'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 )
	=	-15.072	/	( (536.751	+	1104.842)	/ 2 )
	=	-15.072	/	820.7965
	=	-1.84 %

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.

Thinca Co'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 )
=	291.968	/	( (536.751	+	1104.842)	/ 2 )
=	291.968	/	820.7965
=	0.36

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.

Thinca Co Total Assets Related Terms

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Thinca Co (TSE:149A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Thinca Co Ltd (TSE:149A) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-3 Kanda-Nishiki-cho, Chiyoda-ku, Tokyo, JPN, 101-0054

Website

Thinca Co Ltd is engaged in development and distribution of communication platform "KAICLOUD", and other related business.

Thinca Co (TSE:149A) Headlines

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