Krosaki Harima's Total Assets for the quarter that ended in Dec. 2023 was 円169,489 Mil.
Warning Sign:
If a company builds assets at 6.5% a year, faster than its revenue growth rate of 5.3% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Krosaki Harima's average Total Assets Growth Rate was 7.30% per year.
During the past 3 years, the average Total Assets Growth Rate was 10.90% per year.
During the past 5 years, the average Total Assets Growth Rate was 6.50% per year.
During the past 10 years, the average Total Assets Growth Rate was 5.50% per year.
During the past 13 years, Krosaki Harima's highest 3-Year average Total Assets Growth Rate was 10.90%. The lowest was -0.40%. And the median was 5.15%.
The historical data trend for Krosaki Harima'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.
Krosaki Harima's Total Assets for the fiscal year that ended in Mar. 2024 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.
Krosaki Harima (TSE:5352) Total Assets Explanation
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.
Krosaki Harima's Asset Turnover for the quarter that ended in Dec. 2023 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.
Krosaki Harima Total Assets Related Terms
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Krosaki Harima Corp manufactures and sells refractory and ceramic products. Its refractory products include blast furnace, hot stove, coke oven, torpedo ladle, electric arc furnace, steel ladle, and continuous casting refractories, as well as oxygen converter refractories for basic oxygen steelmaking processes, and monolithic refractories for furnace repair/equipment; and walking beam and hearth, pusher, rotary hearth, double walking beam, roller hearth, batch-type reheating, tunnel kiln, and other industrial furnaces. It also provides advanced ceramic materials, including low thermal expansion, oxide engineering, and machinable ceramics; thin flat heaters, hot plates, and jacket heaters. In addition, it is involved in the furnace construction and maintenance activities.
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