Daikokuya Holdings Co's Total Assets for the quarter that ended in Dec. 2023 was 円6,456 Mil.
During the past 12 months, Daikokuya Holdings Co's average Total Assets Growth Rate was 4.40% per year.
During the past 3 years, the average Total Assets Growth Rate was -8.30% per year.
During the past 5 years, the average Total Assets Growth Rate was -14.20% per year.
During the past 10 years, the average Total Assets Growth Rate was 2.20% per year.
During the past 13 years, Daikokuya Holdings Co's highest 3-Year average Total Assets Growth Rate was 89.00%. The lowest was -22.50%. And the median was 9.20%.
Daikokuya Holdings Co Total Assets Historical Data
The historical data trend for Daikokuya Holdings 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.
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.
Daikokuya Holdings Co's Total Assets for the fiscal year that ended in Mar. 2023 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.
Daikokuya Holdings Co (TSE:6993) 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.
Daikokuya Holdings Co'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.
Daikokuya Holdings Co Total Assets Related Terms
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Daikokuya Holdings Co (TSE:6993) Business Description
Daikokuya Holdings Co Ltd is engaged in electric business as well as an investment business. Its mainly engaged in the industrial lighting fixtures and electric piping equipment. Its handling products include industrial lighting equipment, industrial electric piping equipment, control equipment and various electrical equipment for industrial use.
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