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Money Forward's Total Assets for the quarter that ended in May. 2026 was 円143,627 Mil.
Warning Sign:
If a company builds assets at 42.9% a year, faster than its revenue growth rate of 31.1% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Money Forward's average Total Assets Growth Rate was 40.60% per year.
During the past 3 years, the average Total Assets Growth Rate was 28.10% per year.
During the past 5 years, the average Total Assets Growth Rate was 42.90% per year.
During the past 10 years, the average Total Assets Growth Rate was 79.40% per year.
During the past 11 years, Money Forward's highest 3-Year average Total Assets Growth Rate was 181.70%. The lowest was 28.10%. And the median was 67.25%.
Note:
The Net Income data used here is four times the quarterly (May. 2026) 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.
Money Forward's Asset Turnover for the quarter that ended in May. 2026 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.
Money Forward Total Assets Related Terms
Money Forward Total Assets Historical Data
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The historical data trend for Money Forward'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.
Money Forward's Total Assets for the fiscal year that ended in Nov. 2025 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.
Money Forward (TSE:3994) has a Total Assets of 円143,627 Mil as of May. 2026. The total amount of assets as recorded on a company's balance sheet. View historical data on Money Forward and its competitors.
Is Money Forward's Total Assets too high?
Money Forward's current Total Assets is 円143,627 Mil. Overall, Money Forward has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Money Forward's Total Assets compare to UBER and SHOP?
Money Forward's Total Assets of 円143,627 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a Software company?
A good Total Assets depends on the Software industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Money Forward and its competitors. Money Forward's current Total Assets is 円143,627 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Money Forward stock overvalued right now?
Based on GuruFocus' analysis, Money Forward (TSE:3994) is currently considered Fairly Valued. The stock's GF Value™ is 円5,875.40, compared to a current price of 円5,334.00 — trading 9.2% below its estimated fair value. The current Total Assets is 円143,627 Mil. Money Forward's overall GF Score™ is 71/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Money Forward (TSE:3994), the current Total Assets is 円143,627 Mil as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Money Forward (TSE:3994) Overvalued in 2026?
Based on GuruFocus' analysis, Money Forward stock appears to be undervalued.
The current stock price of 円5,334.00 is trading 9.2% below its estimated GF Value™ of 円5,875.40.
GuruFocus considers Money Forward to be Fairly Valued.
Key valuation signals for TSE:3994:
Total Assets: 円143,627 Mil
GF Value™: 円5,875.40 vs. price of 円5,334.00 (9.2% below fair value)
No single metric tells the full story. See the TSE:3994 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Money Forward Inc provides money-related services for individuals and corporations. Its service portfolio comprises personal financial management services and MF cloud services. Its personal financial management services include economic media that conveys money related themes, automatic savings app and mirai talk channel where customers can resolve their financial concerns together directly with financial planners. Its MF Cloud services comprise cloud accounting software, cloud-based tax return, invoice preparation software, payroll calculation, and cloud-based payment reconciliation.
71GF Score
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