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Nankai Chemical Co (TSE:4040) Total Assets : 円19,503 Mil (As of Dec. 2023)


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What is Nankai Chemical Co Total Assets?

Nankai Chemical Co's Total Assets for the quarter that ended in Dec. 2023 was 円19,503 Mil.

During the past 12 months, Nankai Chemical Co's average Total Assets Growth Rate was 8.60% per year.

Total Assets is connected with ROA %. Nankai Chemical Co's annualized ROA % for the quarter that ended in Dec. 2023 was 7.74%. Total Assets is also linked to Revenue through Asset Turnover. Nankai Chemical Co's Asset Turnover for the quarter that ended in Dec. 2023 was 0.28.


Nankai Chemical Co Total Assets Historical Data

The historical data trend for Nankai Chemical 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.

* Premium members only.

Nankai Chemical Co Total Assets Chart

Nankai Chemical Co Annual Data
Trend Mar21 Mar22 Mar23
Total Assets
16,122.00 16,982.00 18,346.00

Nankai Chemical Co Quarterly Data
Mar21 Mar22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Assets Get a 7-Day Free Trial 18,866.00 18,346.00 19,140.00 18,616.00 19,503.00

Nankai Chemical Co 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.

Nankai Chemical Co's Total Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Assets=Total Equity (A: Mar. 2023 )+Total Liabilities (A: Mar. 2023 )
=5190+13156
=18,346

Nankai Chemical Co's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (Q: Dec. 2023 )+Total Liabilities (Q: Dec. 2023 )
=7337+12166
=19,503

* 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.


Nankai Chemical Co  (TSE:4040) Total Assets Explanation

Total Assets is connected with ROA %.

Nankai Chemical Co's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=1476/( (18616+19503)/ 2 )
=1476/19059.5
=7.74 %

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.

Nankai Chemical Co's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=5280/( (18616+19503)/ 2 )
=5280/19059.5
=0.28

* 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.

Nankai Chemical Co Total Assets Related Terms

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Nankai Chemical Co (TSE:4040) Business Description

Traded in Other Exchanges
N/A
Address
1-12-19 Minamihorie, Yotsubashi Star Building, Nishi-ku, Osaka, JPN, 550-0015
Nankai Chemical Co Ltd is engaged in the manufacturing and sales of chemical products, agricultural products, quasi-drugs and food additives. collecting, transporting, and recycling of industrial wastes.

Nankai Chemical Co (TSE:4040) Headlines

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