Fureasu Co (TSE:7062) Total Assets : 円5,366 Mil (As of Dec. 2023)

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What is Fureasu Co Total Assets?

Fureasu Co's Total Assets for the quarter that ended in Dec. 2023 was 円5,366 Mil.

Warning Sign:

If a company builds assets at 27.2% a year, faster than its revenue growth rate of 4% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Fureasu Co's average Total Assets Growth Rate was 55.70% per year. During the past 3 years, the average Total Assets Growth Rate was 38.10% per year. During the past 5 years, the average Total Assets Growth Rate was 27.20% per year.

During the past 7 years, Fureasu Co's highest 3-Year average Total Assets Growth Rate was 38.10%. The lowest was 12.30%. And the median was 23.85%.

Total Assets is connected with ROA %. Fureasu Co's annualized ROA % for the quarter that ended in Dec. 2023 was 2.43%. Total Assets is also linked to Revenue through Asset Turnover. Fureasu Co's Asset Turnover for the quarter that ended in Dec. 2023 was 0.28.

Fureasu Co Total Assets Historical Data

The historical data trend for Fureasu 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.

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Fureasu Co Total Assets Chart

Fureasu Co Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Assets

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2,491.62

2,505.48

3,189.90

3,390.36

4,529.88

Fureasu 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															3,979.35	4,529.88	4,621.57	5,065.15	5,365.83

Fureasu 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.

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

Total Assets	=	Total Equity (A: Mar. 2023 )	+	Total Liabilities (A: Mar. 2023 )
	=	1726.104	+	2803.771
	=	4,530

Fureasu 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 )
	=	1757.84	+	3607.988
	=	5,366

Fureasu Co (TSE:7062) Total Assets Explanation

Total Assets is connected with ROA %.

Fureasu 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 )
	=	126.488	/	( (5065.152	+	5365.828)	/ 2 )
	=	126.488	/	5215.49
	=	2.43 %

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.

Fureasu 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 )
=	1481.997	/	( (5065.152	+	5365.828)	/ 2 )
=	1481.997	/	5215.49
=	0.28

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.

Fureasu Co Total Assets Related Terms

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Fureasu Co (TSE:7062) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Fureasu Co Ltd (TSE:7062) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 - 5 - 8 Hatadai Shibuya - ku, 2nd Floor, Nishi-Shinjuku Toyokuni Building, Tokyo, JPN, 1510061

Website

https://www.fureasu.jp

Fureasu Co Ltd is engaged in massage services. The company's services include home massage, relaxation massage, office massage, acupuncture and moxibustion, spa services, and home visiting nursing care services. It also provides insurance applicable massage services.

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