Nihon Shokuhin Kako Co's Total Assets for the quarter that ended in Dec. 2023 was 円45,801 Mil.
During the past 12 months, Nihon Shokuhin Kako Co's average Total Assets Growth Rate was -0.30% per year.
During the past 3 years, the average Total Assets Growth Rate was 10.30% per year.
During the past 5 years, the average Total Assets Growth Rate was 5.20% per year.
During the past 10 years, the average Total Assets Growth Rate was -0.60% per year.
During the past 13 years, Nihon Shokuhin Kako Co's highest 3-Year average Total Assets Growth Rate was 10.30%. The lowest was -6.50%. And the median was -0.10%.
* 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.
Nihon Shokuhin Kako 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.
Nihon Shokuhin Kako Co (TSE:2892) 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.
Nihon Shokuhin Kako 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.
Nihon Shokuhin Kako Co Total Assets Related Terms
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Nihon Shokuhin Kako Co (TSE:2892) Business Description
Nihon Shokuhin Kako Co Ltd is a food manufacturing company. It manufactures and sells processed products such as corn starch and secondary processed products in Japan. It also offers corn starch for food and industrial use; waxy starch; and tapioca starch for food and industrial use.
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