LTS (TSE:6560) Total Assets : 円11,464 Mil (As of Mar. 2024)

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What is LTS Total Assets?

LTS's Total Assets for the quarter that ended in Mar. 2024 was 円11,464 Mil.

Warning Sign:

If a company builds assets at 58.4% a year, faster than its revenue growth rate of 32.8% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, LTS's average Total Assets Growth Rate was 186.40% per year. During the past 3 years, the average Total Assets Growth Rate was 71.00% per year. During the past 5 years, the average Total Assets Growth Rate was 58.40% per year.

During the past 9 years, LTS's highest 3-Year average Total Assets Growth Rate was 71.00%. The lowest was 3.00%. And the median was 38.50%.

Total Assets is connected with ROA %. LTS's annualized ROA % for the quarter that ended in Mar. 2024 was 10.65%. Total Assets is also linked to Revenue through Asset Turnover. LTS's Asset Turnover for the quarter that ended in Mar. 2024 was 0.35.

LTS Total Assets Historical Data

The historical data trend for LTS'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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LTS Total Assets Chart

LTS Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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2,451.98

4,290.28

5,080.10

5,595.72

11,887.56

LTS 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															5,764.12	5,834.83	7,513.81	11,887.56	11,464.00

LTS 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.

LTS'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 )
	=	3614.016	+	8273.544
	=	11,888

LTS's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	3821	+	7643
	=	11,464

LTS (TSE:6560) Total Assets Explanation

Total Assets is connected with ROA %.

LTS's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	1244	/	( (11887.56	+	11464)	/ 2 )
	=	1244	/	11675.78
	=	10.65 %

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

LTS's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	4066	/	( (11887.56	+	11464)	/ 2 )
=	4066	/	11675.78
=	0.35

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.

LTS Total Assets Related Terms

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LTS (TSE:6560) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » LTS Inc (TSE:6560) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-8-6 Shinjuku Shinjuku-ku, Tokyo, JPN, 160-0022

Website

https://www.lt-s.jp

LTS Inc offers professional services to promote transformations and improvements of enterprise and their employee's work styles. Its service offerings include business consulting, information technology (IT) consulting, human resource (HR) consulting, business process modeling, outsourcing planning, data analysis, digital marketing, and cloud integration, among others.

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