Okabe Co (TSE:5959) Total Assets : 円89,885 Mil (As of Dec. 2023)

View and export this data going back to 1972. Start your Free Trial

What is Okabe Co Total Assets?

Okabe Co's Total Assets for the quarter that ended in Dec. 2023 was 円89,885 Mil.

During the past 12 months, Okabe Co's average Total Assets Growth Rate was -10.00% per year. During the past 3 years, the average Total Assets Growth Rate was 4.50% per year. During the past 5 years, the average Total Assets Growth Rate was 4.80% per year. During the past 10 years, the average Total Assets Growth Rate was 2.40% per year.

During the past 13 years, Okabe Co's highest 3-Year average Total Assets Growth Rate was 13.60%. The lowest was -7.40%. And the median was 0.45%.

Total Assets is connected with ROA %. Okabe Co's annualized ROA % for the quarter that ended in Dec. 2023 was -26.23%. Total Assets is also linked to Revenue through Asset Turnover. Okabe Co's Asset Turnover for the quarter that ended in Dec. 2023 was 0.21.

Okabe Co Total Assets Historical Data

The historical data trend for Okabe 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.

Okabe Co Total Assets Chart

Okabe Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

Get a 7-Day Free Trial

88,652.00

89,650.00

92,018.00

103,894.00

89,885.00

Okabe Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial															103,894.00	98,664.00	99,260.00	99,709.00	89,885.00

Okabe 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.

Okabe Co's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	62058	+	27827
	=	89,885

Okabe 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 )
	=	62058	+	27827
	=	89,885

Okabe Co (TSE:5959) Total Assets Explanation

Total Assets is connected with ROA %.

Okabe 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 )
	=	-24868	/	( (99709	+	89885)	/ 2 )
	=	-24868	/	94797
	=	-26.23 %

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.

Okabe 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 )
=	19990	/	( (99709	+	89885)	/ 2 )
=	19990	/	94797
=	0.21

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.

Okabe Co Total Assets Related Terms

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

Okabe Co (TSE:5959) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Okabe Co Ltd (TSE:5959) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-8-2, Oshiage, Sumida-ku, Tokyo, JPN

Website

http://www.okabe.co.jp

Okabe Co Ltd is a construction and engineering products manufacturer. The company operates its business through its subsidiaries in three segments Construction-related products, Automotive products, and Other businesses. It develops, manufactures and markets temporary building and formwork products. The company designs and sells automotive bolts and screw nuts in the U.S. The company's marine business involves the development, manufacture, and sale of marine materials.

Okabe Co (TSE:5959) Headlines

No Headlines