Bit-isle (TSE:3811) Total Assets : 円41,973 Mil (As of Jul. 2015)

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What is Bit-isle Total Assets?

Bit-isle's Total Assets for the quarter that ended in Jul. 2015 was 円41,973 Mil.

During the past 12 months, Bit-isle's average Total Assets Growth Rate was 21.90% per year. During the past 3 years, the average Total Assets Growth Rate was 14.40% per year. During the past 5 years, the average Total Assets Growth Rate was 10.20% per year.

During the past 8 years, Bit-isle's highest 3-Year average Total Assets Growth Rate was 15.40%. The lowest was 4.40%. And the median was 8.20%.

Total Assets is connected with ROA %. Bit-isle's annualized ROA % for the quarter that ended in Jul. 2015 was 2.63%. Total Assets is also linked to Revenue through Asset Turnover. Bit-isle's Asset Turnover for the quarter that ended in Jul. 2015 was 0.11.

Bit-isle Total Assets Historical Data

The historical data trend for Bit-isle'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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Bit-isle Total Assets Chart

Bit-isle Annual Data

Trend

Jul08

Jul09

Jul10

Jul11

Jul12

Jul13

Jul14

Jul15

Total Assets

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27,761.60

28,124.83

34,528.00

37,735.00

41,973.00

Bit-isle Quarterly Data
	Oct10	Jan11	Apr11	Jul11	Oct11	Jan12	Apr12	Jul12	Oct12	Jan13	Apr13	Jul13	Oct13	Jan14	Apr14	Jul14	Oct14	Jan15	Apr15	Jul15
Total Assets	Get a 7-Day Free Trial															37,735.00	39,202.00	40,780.00	40,228.00	41,973.00

Bit-isle 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.

Bit-isle's Total Assets for the fiscal year that ended in Jul. 2015 is calculated as

Total Assets	=	Total Equity (A: Jul. 2015 )	+	Total Liabilities (A: Jul. 2015 )
	=	13609	+	28364
	=	41,973

Bit-isle's Total Assets for the quarter that ended in Jul. 2015 is calculated as

Total Assets	=	Total Equity (Q: Jul. 2015 )	+	Total Liabilities (Q: Jul. 2015 )
	=	13609	+	28364
	=	41,973

Bit-isle (TSE:3811) Total Assets Explanation

Total Assets is connected with ROA %.

Bit-isle's annualized ROA % for the quarter that ended in Jul. 2015 is

ROA %	=	Net Income (Q: Jul. 2015 )	/	( (Total Assets (Q: Apr. 2015 )	+	Total Assets (Q: Jul. 2015 ))	/ count )
	=	1080	/	( (40228	+	41973)	/ 2 )
	=	1080	/	41100.5
	=	2.63 %

Note: The Net Income data used here is four times the quarterly (Jul. 2015) 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.

Bit-isle's Asset Turnover for the quarter that ended in Jul. 2015 is

	Asset Turnover
=	Revenue (Q: Jul. 2015 )	/	( (Total Assets (Q: Apr. 2015 )	+	Total Assets (Q: Jul. 2015 ))	/ count )
=	4333	/	( (40228	+	41973)	/ 2 )
=	4333	/	41100.5
=	0.11

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.

Bit-isle Total Assets Related Terms

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Bit-isle (TSE:3811) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Bit-isle Inc (TSE:3811) » Definitions » Total Assets

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Address

Website

http://www.bit-isle.co.jp

Bit-isle Inc is engaged in the data center business, eveloping a comprehensive business IT outsourcing services to the axis 3 iDC services, managed services and solutions services.

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