Rakuten Bank (TSE:5838) Total Assets : 円13,173,078 Mil (As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Rakuten Bank Total Assets?

Rakuten Bank's Total Assets for the quarter that ended in Dec. 2023 was 円13,173,078 Mil.

During the past 12 months, Rakuten Bank's average Total Assets Growth Rate was 15.30% per year. During the past 3 years, the average Total Assets Growth Rate was 31.70% per year.

During the past 4 years, Rakuten Bank's highest 3-Year average Total Assets Growth Rate was 31.70%. The lowest was 31.70%. And the median was 31.70%.

Total Assets is connected with ROA %. Rakuten Bank's annualized ROA % for the quarter that ended in Dec. 2023 was 0.28%. Total Assets is also linked to Revenue through Asset Turnover. Rakuten Bank's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

Rakuten Bank Total Assets Historical Data

The historical data trend for Rakuten Bank'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.

Rakuten Bank Total Assets Chart

Rakuten Bank Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Total Assets

6,486,841.00

9,490,689.00

11,589,508.00

13,480,473.00

Rakuten Bank Quarterly Data
	Mar21	Mar22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial			11,589,508.00	12,011,139.00	12,170,897.00	13,173,078.00	13,480,473.00

Rakuten Bank 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.

Rakuten Bank'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 )
	=	279586	+	13200887
	=	13,480,473

Rakuten Bank'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 )
	=	270711	+	12902367
	=	13,173,078

Rakuten Bank (TSE:5838) Total Assets Explanation

Total Assets is connected with ROA %.

Rakuten Bank'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 )
	=	35920	/	( (12170897	+	13173078)	/ 2 )
	=	35920	/	12671987.5
	=	0.28 %

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.

Rakuten Bank'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 )
=	23927	/	( (12170897	+	13173078)	/ 2 )
=	23927	/	12671987.5
=	0.00

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.

Rakuten Bank Total Assets Related Terms

Thank you for viewing the detailed overview of Rakuten Bank's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Rakuten Bank (TSE:5838) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Rakuten Bank Ltd (TSE:5838) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-16-5 Konan Minato-ku, NBF Shinagawa Tower, Tokyo, JPN, 108-0075

Website

https://www.rakuten-bank.co.jp

Rakuten Bank Ltd is engaged in the banking business through electronic medium.

Rakuten Bank (TSE:5838) Headlines

No Headlines