Rengo Co's Total Assets for the quarter that ended in Sep. 2024 was 円1,246,611 Mil.
During the past 12 months, Rengo Co's average Total Assets Growth Rate was 9.40% per year.
During the past 3 years, the average Total Assets Growth Rate was 8.90% per year.
During the past 5 years, the average Total Assets Growth Rate was 7.50% per year.
During the past 10 years, the average Total Assets Growth Rate was 5.60% per year.
During the past 13 years, Rengo Co's highest 3-Year average Total Assets Growth Rate was 8.90%. The lowest was 0.50%. And the median was 4.40%.
Total Assets is connected with ROA %. Rengo Co's annualizedROA % for the quarter that ended in Sep. 2024 was 1.58%. Total Assets is also linked to Revenue through Asset Turnover. Rengo Co's Asset Turnover for the quarter that ended in Sep. 2024 was 0.20.
Rengo Co Total Assets Historical Data
The historical data trend for Rengo Co'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.
Rengo Co's Total Assets for the fiscal year that ended in Mar. 2024 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.
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.
Rengo Co's Asset Turnover for the quarter that ended in Sep. 2024 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.
Rengo Co Total Assets Related Terms
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Rengo Co Ltd manufactures and sells a variety of packaging products. The firm organizes itself into four segments based on product type. The paperboard and packaging segment, which generates the majority of revenue, sells corrugated packaging and boxes used primarily to package food and agricultural products. The flexible packaging segment sells films, labels, and cellophane used primarily for food and beverage packaging. The heavy duty packaging segment sells plastic and paper container bags used by the agricultural, transportation, and chemicals industries. The overseas business sells packaging products outside of Japan. The majority of revenue comes from Japan.
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