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Toa Road (TSE:1882) Total Assets : 円83,697 Mil (As of Dec. 2023)


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What is Toa Road Total Assets?

Toa Road's Total Assets for the quarter that ended in Dec. 2023 was 円83,697 Mil.

During the past 12 months, Toa Road's average Total Assets Growth Rate was -4.20% per year. During the past 3 years, the average Total Assets Growth Rate was 2.40% per year. During the past 5 years, the average Total Assets Growth Rate was 2.60% per year. During the past 10 years, the average Total Assets Growth Rate was 1.40% per year.

During the past 13 years, Toa Road's highest 3-Year average Total Assets Growth Rate was 5.80%. The lowest was -6.00%. And the median was 1.70%.

Total Assets is connected with ROA %. Toa Road's annualized ROA % for the quarter that ended in Dec. 2023 was 5.09%. Total Assets is also linked to Revenue through Asset Turnover. Toa Road's Asset Turnover for the quarter that ended in Dec. 2023 was 0.39.


Toa Road Total Assets Historical Data

The historical data trend for Toa Road'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.

Toa Road Total Assets Chart

Toa Road Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 89,813.00 84,027.00 87,846.00 84,691.00 87,184.00

Toa Road Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 83,950.00 87,184.00 79,647.00 84,000.00 83,697.00

Toa Road 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.

Toa Road's Total Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Assets=Total Equity (A: Mar. 2023 )+Total Liabilities (A: Mar. 2023 )
=52708+34476
=87,184

Toa Road'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 )
=53475+30222
=83,697

* 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.


Toa Road  (TSE:1882) Total Assets Explanation

Total Assets is connected with ROA %.

Toa Road'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 )
=4268/( (84000+83697)/ 2 )
=4268/83848.5
=5.09 %

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.

Toa Road'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 )
=32492/( (84000+83697)/ 2 )
=32492/83848.5
=0.39

* 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.

Toa Road Total Assets Related Terms

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Toa Road (TSE:1882) Business Description

Traded in Other Exchanges
N/A
Address
7-3-7 Roppongi, Tokyo, Minato City, JPN, 106-0032
Toa Road Corp provides construction services. It is focused on constructing road networks and transportation infrastructure including expressways and national roads. The company also develops and sells asphalt products and provides environmental solutions and consultancy services like road maintenance plans that integrate pavement maintenance techniques with asset management.

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