Soken Chemical & Engineering Co (TSE:4972) Total Assets : 円50,138 Mil (As of Dec. 2023)

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What is Soken Chemical & Engineering Co Total Assets?

Soken Chemical & Engineering Co's Total Assets for the quarter that ended in Dec. 2023 was 円50,138 Mil.

During the past 12 months, Soken Chemical & Engineering Co's average Total Assets Growth Rate was 0.70% per year. During the past 3 years, the average Total Assets Growth Rate was 6.80% per year. During the past 5 years, the average Total Assets Growth Rate was 5.90% per year. During the past 10 years, the average Total Assets Growth Rate was 2.60% per year.

During the past 13 years, Soken Chemical & Engineering Co's highest 3-Year average Total Assets Growth Rate was 9.20%. The lowest was -4.50%. And the median was 2.25%.

Total Assets is connected with ROA %. Soken Chemical & Engineering Co's annualized ROA % for the quarter that ended in Dec. 2023 was 7.97%. Total Assets is also linked to Revenue through Asset Turnover. Soken Chemical & Engineering Co's Asset Turnover for the quarter that ended in Dec. 2023 was 0.24.

Soken Chemical & Engineering Co Total Assets Historical Data

The historical data trend for Soken Chemical & Engineering 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.

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Soken Chemical & Engineering Co Total Assets Chart

Soken Chemical & Engineering Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Assets

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35,331.16

40,403.72

45,582.58

47,275.32

50,582.75

Soken Chemical & Engineering Co 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															47,275.32	46,701.34	48,944.37	50,137.50	50,582.75

Soken Chemical & Engineering 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.

Soken Chemical & Engineering Co's Total Assets for the fiscal year that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (A: Mar. 2024 )	+	Total Liabilities (A: Mar. 2024 )
	=	32735.381	+	17847.364
	=	50,583

Soken Chemical & Engineering 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 )
	=	32727.771	+	17409.732
	=	50,138

Soken Chemical & Engineering Co (TSE:4972) Total Assets Explanation

Total Assets is connected with ROA %.

Soken Chemical & Engineering 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 )
	=	3950.032	/	( (48944.371	+	50137.503)	/ 2 )
	=	3950.032	/	49540.937
	=	7.97 %

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.

Soken Chemical & Engineering 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 )
=	11756.943	/	( (48944.371	+	50137.503)	/ 2 )
=	11756.943	/	49540.937
=	0.24

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.

Soken Chemical & Engineering Co Total Assets Related Terms

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Soken Chemical & Engineering Co (TSE:4972) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Soken Chemical & Engineering Co Ltd (TSE:4972) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-29-5 Takada, Toshima-ku, Tokyo, JPN, 171-8531

Website

http://www.soken-ce.co.jp

Soken Chemical & Engineering Co., Ltd. Is engaged in the manufacture and sales of acrylic pressure sensitive adhesives, functional polymers, organic fine particles, and adhesive tapes. The products of the company include pressure sensitive adhesives, fine particles, specialty coated products, and nanoimprinting products.

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