Appirits (TSE:4174) Total Assets : 円4,586 Mil (As of Jan. 2024)

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What is Appirits Total Assets?

Appirits's Total Assets for the quarter that ended in Jan. 2024 was 円4,586 Mil.

During the past 12 months, Appirits's average Total Assets Growth Rate was 19.70% per year. During the past 3 years, the average Total Assets Growth Rate was 37.80% per year.

During the past 5 years, Appirits's highest 3-Year average Total Assets Growth Rate was 37.80%. The lowest was 14.50%. And the median was 26.15%.

Total Assets is connected with ROA %. Appirits's annualized ROA % for the quarter that ended in Jan. 2024 was 10.10%. Total Assets is also linked to Revenue through Asset Turnover. Appirits's Asset Turnover for the quarter that ended in Jan. 2024 was 0.47.

Appirits Total Assets Historical Data

The historical data trend for Appirits'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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Appirits Total Assets Chart

Appirits Annual Data

Trend

Jan19

Jan20

Jan21

Jan22

Jan23

Total Assets

1,821.06

1,917.53

2,079.85

2,815.86

4,198.51

Appirits Quarterly Data
	Jan19	Jan20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Total Assets	Get a 7-Day Free Trial											4,198.51	4,047.23	4,408.54	4,483.74	4,585.84

Appirits 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.

Appirits's Total Assets for the fiscal year that ended in Jan. 2023 is calculated as

Total Assets	=	Total Equity (A: Jan. 2023 )	+	Total Liabilities (A: Jan. 2023 )
	=	2121.301	+	2077.208
	=	4,199

Appirits's Total Assets for the quarter that ended in Jan. 2024 is calculated as

Total Assets	=	Total Equity (Q: Jan. 2024 )	+	Total Liabilities (Q: Jan. 2024 )
	=	2468.374	+	2117.467
	=	4,586

Appirits (TSE:4174) Total Assets Explanation

Total Assets is connected with ROA %.

Appirits's annualized ROA % for the quarter that ended in Jan. 2024 is

ROA %	=	Net Income (Q: Jan. 2024 )	/	( (Total Assets (Q: Oct. 2023 )	+	Total Assets (Q: Jan. 2024 ))	/ count )
	=	457.864	/	( (4483.738	+	4585.841)	/ 2 )
	=	457.864	/	4534.7895
	=	10.10 %

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

Appirits's Asset Turnover for the quarter that ended in Jan. 2024 is

	Asset Turnover
=	Revenue (Q: Jan. 2024 )	/	( (Total Assets (Q: Oct. 2023 )	+	Total Assets (Q: Jan. 2024 ))	/ count )
=	2110.616	/	( (4483.738	+	4585.841)	/ 2 )
=	2110.616	/	4534.7895
=	0.47

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.

Appirits Total Assets Related Terms

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Appirits (TSE:4174) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Appirits Inc (TSE:4174) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

6-27-8 Jingumae, Kyocera Harajuku Building 5th Floor, Shibuya-ku, Tokyo, JPN, 150-0001

Website

https://www.appirits.com

Appirits Inc is primarily involved in the business such as entertainment services and web system development.

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