Sobal (TSE:2186) Total Assets : 円5,410 Mil (As of Aug. 2024)

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What is Sobal Total Assets?

Sobal's Total Assets for the quarter that ended in Aug. 2024 was 円5,410 Mil.

During the past 12 months, Sobal's average Total Assets Growth Rate was 5.20% per year. During the past 3 years, the average Total Assets Growth Rate was 2.30% per year. During the past 5 years, the average Total Assets Growth Rate was -0.80% per year. During the past 10 years, the average Total Assets Growth Rate was 3.20% per year.

During the past 13 years, Sobal's highest 3-Year average Total Assets Growth Rate was 16.80%. The lowest was -2.00%. And the median was 4.00%.

Total Assets is connected with ROA %. Sobal's annualized ROA % for the quarter that ended in Aug. 2024 was 9.01%. Total Assets is also linked to Revenue through Asset Turnover. Sobal's Asset Turnover for the quarter that ended in Aug. 2024 was 0.39.

Sobal Total Assets Historical Data

The historical data trend for Sobal'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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Sobal Total Assets Chart

Sobal Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Total Assets

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4,327.74

4,283.64

4,649.56

5,181.71

5,098.44

Sobal Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
Total Assets	Get a 7-Day Free Trial															5,003.24	4,824.29	5,098.44	5,435.51	5,409.87

Sobal 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.

Sobal's Total Assets for the fiscal year that ended in Feb. 2024 is calculated as

Total Assets	=	Total Equity (A: Feb. 2024 )	+	Total Liabilities (A: Feb. 2024 )
	=	4164.659	+	933.779
	=	5,098

Sobal's Total Assets for the quarter that ended in Aug. 2024 is calculated as

Total Assets	=	Total Equity (Q: Aug. 2024 )	+	Total Liabilities (Q: Aug. 2024 )
	=	4263.066	+	1146.799
	=	5,410

Sobal (TSE:2186) Total Assets Explanation

Total Assets is connected with ROA %.

Sobal's annualized ROA % for the quarter that ended in Aug. 2024 is

ROA %	=	Net Income (Q: Aug. 2024 )	/	( (Total Assets (Q: May. 2024 )	+	Total Assets (Q: Aug. 2024 ))	/ count )
	=	488.684	/	( (5435.508	+	5409.865)	/ 2 )
	=	488.684	/	5422.6865
	=	9.01 %

Note: The Net Income data used here is four times the quarterly (Aug. 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.

Sobal's Asset Turnover for the quarter that ended in Aug. 2024 is

	Asset Turnover
=	Revenue (Q: Aug. 2024 )	/	( (Total Assets (Q: May. 2024 )	+	Total Assets (Q: Aug. 2024 ))	/ count )
=	2119.416	/	( (5435.508	+	5409.865)	/ 2 )
=	2119.416	/	5422.6865
=	0.39

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.

Sobal Total Assets Related Terms

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Sobal Business Description

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Address

5-9-11 Kitashinagawa Shinagawa-ku, Osaki MT Building, Tokyo, JPN, 141-0001

Website

http://www.sobal.co.jp

Sobal Corp engages in the development of embedded software for digital appliances, and research and development of wireless communication technologies in Japan. The solutions provided by the company include Embedded development, Application development, WEB. Cloud development, Manual production, Quality evaluation and IoT Solution.

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