Landix (TSE:2981) Total Assets : 円17,828 Mil (As of Sep. 2024)

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What is Landix Total Assets?

Landix's Total Assets for the quarter that ended in Sep. 2024 was 円17,828 Mil.

Warning Sign:

If a company builds assets at 21.6% a year, faster than its revenue growth rate of 17.5% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Landix's average Total Assets Growth Rate was 36.70% per year. During the past 3 years, the average Total Assets Growth Rate was 23.40% per year. During the past 5 years, the average Total Assets Growth Rate was 21.60% per year.

During the past 7 years, Landix's highest 3-Year average Total Assets Growth Rate was 25.30%. The lowest was 12.20%. And the median was 24.25%.

Total Assets is connected with ROA %. Landix's annualized ROA % for the quarter that ended in Sep. 2024 was 0.00%. Total Assets is also linked to Revenue through Asset Turnover. Landix's Asset Turnover for the quarter that ended in Sep. 2024 was 0.00.

Landix Total Assets Historical Data

The historical data trend for Landix'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.

Landix Total Assets Chart

Landix Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Assets

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8,157.18

9,021.35

12,768.81

13,896.73

15,285.57

Landix Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Sep24
Total Assets	Get a 7-Day Free Trial															13,809.55	13,983.51	15,845.59	15,285.57	17,827.59

Landix 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.

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

Total Assets	=	Total Equity (A: Mar. 2024 )	+	Total Liabilities (A: Mar. 2024 )
	=	7146.292	+	8139.279
	=	15,286

Landix's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2024 )	+	Total Liabilities (Q: Sep. 2024 )
	=	7474.884	+	10352.704
	=	17,828

Landix (TSE:2981) Total Assets Explanation

Total Assets is connected with ROA %.

Landix's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %	=	Net Income (Q: Sep. 2024 )	/	( (Total Assets (Q: Mar. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
	=	0	/	( (15285.571	+	17827.588)	/ 2 )
	=	0	/	16556.5795
	=	0.00 %

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

Landix's Asset Turnover for the quarter that ended in Sep. 2024 is

	Asset Turnover
=	Revenue (Q: Sep. 2024 )	/	( (Total Assets (Q: Mar. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
=	0	/	( (15285.571	+	17827.588)	/ 2 )
=	0	/	16556.5795
=	0.00

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.

Landix Total Assets Related Terms

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Landix Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Landix Inc (TSE:2981) » Definitions » Total Assets

Comparable Companies

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N/A

Address

3-22-2 Shinmachi, Setagaya-ku, Tokyo, JPN, 154-0014

Website

https://www.landix.jp

Landix Inc engages in real estate development, real estate matching and consulting business. The company also provides custom-made housing matching and consulting business, mainly in the Jonan areas of Setagaya, Meguro, Ota, Shibuya, Minato and Shinagawa.

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