Toyo Sugar Refining Co's Total Assets for the quarter that ended in Dec. 2023 was 円13,375 Mil.
During the past 12 months, Toyo Sugar Refining Co's average Total Assets Growth Rate was 9.90% per year.
During the past 3 years, the average Total Assets Growth Rate was -1.00% 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 -4.60% per year.
During the past 13 years, Toyo Sugar Refining Co's highest 3-Year average Total Assets Growth Rate was 2.20%. The lowest was -11.80%. And the median was -1.90%.
* 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.
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.
Toyo Sugar Refining Co's Total Assets for the fiscal year that ended in Mar. 2023 is calculated as
* 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.
Toyo Sugar Refining Co (TSE:2107) Total Assets Explanation
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.
Toyo Sugar Refining Co's Asset Turnover for the quarter that ended in Dec. 2023 is
* 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.
Toyo Sugar Refining Co Total Assets Related Terms
Thank you for viewing the detailed overview of Toyo Sugar Refining Co's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Toyo Sugar Refining Co (TSE:2107) Business Description
Toyo Sugar Refining Co Ltd operates in the confectionery industry. The company's core business activities are categorised into two key segments - Sugar business and Functional Ingredients business. Sugar business focuses on refining and sale of sugar. The Functional Ingredients business develops and manufactures in-house ingredients such as Citron Polyphenol, Oligonol, Perilla Leaf Extract, Soy Isoflavone, among others. These products are widely used in food and beverage and, personal care sector.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
TSE:2107 has been successfully added to your 