Softcreate Holdings's Total Assets for the quarter that ended in Dec. 2023 was 円28,320 Mil.
Warning Sign:
If a company builds assets at 14.3% a year, faster than its revenue growth rate of 9.2% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Softcreate Holdings's average Total Assets Growth Rate was 11.20% per year.
During the past 3 years, the average Total Assets Growth Rate was 17.40% per year.
During the past 5 years, the average Total Assets Growth Rate was 14.30% per year.
During the past 10 years, the average Total Assets Growth Rate was 12.00% per year.
During the past 13 years, Softcreate Holdings's highest 3-Year average Total Assets Growth Rate was 22.60%. The lowest was -5.30%. And the median was 13.60%.
The historical data trend for Softcreate Holdings'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.
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.
Softcreate Holdings'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.
Softcreate Holdings (TSE:3371) 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.
Softcreate Holdings'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.
Softcreate Holdings Total Assets Related Terms
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Softcreate Holdings (TSE:3371) Business Description
Softcreate Holdings Corp is engaged in the provision of comprehensive information technology related services. The company is focusing on the system integration business and cloud integration business. System Integration Business offers comprehensive solutions from system proposal to design and development, infrastructure environment construction. Cloud Integration Business offers various cloud services of IaaS/PaaS/SaaS based on its cloud service SCCloud. In addition, the company also dealing with servers, client PCs, various software from the customer's IT assets to peripheral supplies and supplies.
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