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Micron Machinery Co (TSE:6159) Total Assets : 円15,847 Mil (As of Feb. 2024)


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What is Micron Machinery Co Total Assets?

Micron Machinery Co's Total Assets for the quarter that ended in Feb. 2024 was 円15,847 Mil.

During the past 12 months, Micron Machinery Co's average Total Assets Growth Rate was 1.20% per year. During the past 3 years, the average Total Assets Growth Rate was -7.90% per year. During the past 5 years, the average Total Assets Growth Rate was -5.80% per year. During the past 10 years, the average Total Assets Growth Rate was -1.60% per year.

During the past 13 years, Micron Machinery Co's highest 3-Year average Total Assets Growth Rate was 12.50%. The lowest was -7.90%. And the median was 1.70%.

Total Assets is connected with ROA %. Micron Machinery Co's annualized ROA % for the quarter that ended in Feb. 2024 was 4.96%. Total Assets is also linked to Revenue through Asset Turnover. Micron Machinery Co's Asset Turnover for the quarter that ended in Feb. 2024 was 0.08.


Micron Machinery Co Total Assets Historical Data

The historical data trend for Micron Machinery 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.

Micron Machinery Co Total Assets Chart

Micron Machinery Co Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12,914.74 12,792.81 13,245.55 14,728.47 15,628.78

Micron Machinery Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14,824.20 15,846.58 15,628.78 15,566.89 15,846.98

Micron Machinery 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.

Micron Machinery Co's Total Assets for the fiscal year that ended in Aug. 2023 is calculated as

Total Assets=Total Equity (A: Aug. 2023 )+Total Liabilities (A: Aug. 2023 )
=14016.516+1612.26
=15,629

Micron Machinery Co's Total Assets for the quarter that ended in Feb. 2024 is calculated as

Total Assets=Total Equity (Q: Feb. 2024 )+Total Liabilities (Q: Feb. 2024 )
=13982.338+1864.639
=15,847

* 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.


Micron Machinery Co  (TSE:6159) Total Assets Explanation

Total Assets is connected with ROA %.

Micron Machinery Co's annualized ROA % for the quarter that ended in Feb. 2024 is

ROA %=Net Income (Q: Feb. 2024 )/( (Total Assets (Q: Nov. 2023 )+Total Assets (Q: Feb. 2024 ))/ count )
=779.808/( (15566.893+15846.977)/ 2 )
=779.808/15706.935
=4.96 %

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

Micron Machinery Co's Asset Turnover for the quarter that ended in Feb. 2024 is

Asset Turnover
=Revenue (Q: Feb. 2024 )/( (Total Assets (Q: Nov. 2023 )+Total Assets (Q: Feb. 2024 ))/ count )
=1180.436/( (15566.893+15846.977)/ 2 )
=1180.436/15706.935
=0.08

* 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.

Micron Machinery Co Total Assets Related Terms

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Micron Machinery Co (TSE:6159) Business Description

Traded in Other Exchanges
N/A
Address
578-2 Uwano, Zao, Yamagata, JPN, 990-2303
Micron Machinery Co.,Ltd. is engaged in manufacturing and selling grinding machines in Japan. Its products include centerless and internal grinders. The company also exports its products to Australia, Austria, Brazil, Canada, Switzerland, China, the Czech Republic, Spain and France among other countries.

Micron Machinery Co (TSE:6159) Headlines

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