Needs Well (TSE:3992) Total Assets : 円6,025 Mil (As of Mar. 2024)

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What is Needs Well Total Assets?

Needs Well's Total Assets for the quarter that ended in Mar. 2024 was 円6,025 Mil.

Warning Sign:

If a company builds assets at 25.8% a year, faster than its revenue growth rate of 6.2% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Needs Well's average Total Assets Growth Rate was 42.70% per year. During the past 3 years, the average Total Assets Growth Rate was 41.20% per year. During the past 5 years, the average Total Assets Growth Rate was 25.80% per year.

During the past 9 years, Needs Well's highest 3-Year average Total Assets Growth Rate was 41.20%. The lowest was 9.00%. And the median was 12.45%.

Total Assets is connected with ROA %. Needs Well's annualized ROA % for the quarter that ended in Mar. 2024 was 18.03%. Total Assets is also linked to Revenue through Asset Turnover. Needs Well's Asset Turnover for the quarter that ended in Mar. 2024 was 0.43.

Needs Well Total Assets Historical Data

The historical data trend for Needs Well'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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Needs Well Total Assets Chart

Needs Well Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Total Assets

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2,688.38

2,997.55

4,360.05

4,608.22

5,947.98

Needs Well Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															5,051.13	5,330.09	5,947.98	5,425.31	6,024.97

Needs Well 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.

Needs Well's Total Assets for the fiscal year that ended in Sep. 2023 is calculated as

Total Assets	=	Total Equity (A: Sep. 2023 )	+	Total Liabilities (A: Sep. 2023 )
	=	3713.926	+	2234.056
	=	5,948

Needs Well's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	4124.041	+	1900.933
	=	6,025

Needs Well (TSE:3992) Total Assets Explanation

Total Assets is connected with ROA %.

Needs Well's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	1032.208	/	( (5425.313	+	6024.974)	/ 2 )
	=	1032.208	/	5725.1435
	=	18.03 %

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

Needs Well's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	2433.631	/	( (5425.313	+	6024.974)	/ 2 )
=	2433.631	/	5725.1435
=	0.43

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.

Needs Well Total Assets Related Terms

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Needs Well (TSE:3992) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Needs Well Inc (TSE:3992) » Definitions » Total Assets

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Traded in Other Exchanges

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Address

13-15 South Tower, Tomihisa-cho Shinjuku-ku, Tokyo, JPN, 162-0067

Website

http://www.needswell.com

Needs Well Inc provides application development, cloud solutions, IT related products and services, system infrastructure service and IT outsourcing services. Its services support to the development of BtoC / BtoB system, digital marketing related system, business system, CMS using web technology.

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