If a company builds assets at 12.7% a year, faster than its revenue growth rate of 8.7% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Nippon Parking Development Co's average Total Assets Growth Rate was 27.80% per year.
During the past 3 years, the average Total Assets Growth Rate was 18.70% per year.
During the past 5 years, the average Total Assets Growth Rate was 12.70% per year.
During the past 10 years, the average Total Assets Growth Rate was 13.20% per year.
During the past 13 years, Nippon Parking Development Co's highest 3-Year average Total Assets Growth Rate was 89.60%. The lowest was -13.20%. And the median was 11.65%.
* 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.
Nippon Parking Development 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.
* 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.
Nippon Parking Development Co (TSE:2353) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Jan. 2025) 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.
Nippon Parking Development Co's Asset Turnover for the quarter that ended in Jan. 2025 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.
Nippon Parking Development Co Total Assets Related Terms
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Nippon Parking Development Co Business Description
Nippon Parking Development Co Ltd provides car parking solutions and services. The company is engaged in providing hospitality management upgrade solutions and planning to use the unused real estate assets for parking solutions. It also provides consultation in other aspects such as depreciation, maintenance, and repair costs of parking facilities. Its client base involves building owners, parking facility owners, hotel business owners, and store owners.
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