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Shinko (TSE:7120) Total Assets : 円5,831 Mil (As of Sep. 2024)


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What is Shinko Total Assets?

Shinko's Total Assets for the quarter that ended in Sep. 2024 was 円5,831 Mil.

During the past 12 months, Shinko's average Total Assets Growth Rate was 9.40% per year. During the past 3 years, the average Total Assets Growth Rate was 3.00% per year.

During the past 4 years, Shinko's highest 3-Year average Total Assets Growth Rate was 3.00%. The lowest was 3.00%. And the median was 3.00%.

Total Assets is connected with ROA %. Shinko's annualized ROA % for the quarter that ended in Sep. 2024 was 0.00%. Total Assets is also linked to Revenue through Asset Turnover. Shinko's Asset Turnover for the quarter that ended in Sep. 2024 was 0.00.

Shinko Total Assets Historical Data

The historical data trend for Shinko'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.

Shinko Total Assets Chart

Shinko Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Total Assets
5,520.21 5,522.00 6,466.73 6,515.58

Shinko Quarterly Data
Mar21 Mar22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
Total Assets Get a 7-Day Free Trial Premium Member Only 5,459.03 5,684.56 5,924.25 6,515.58 5,830.66

Shinko 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.

Shinko's Total Assets for the fiscal year that ended in Mar. 2024 is calculated as

Total Assets=Total Equity (A: Mar. 2024 )+Total Liabilities (A: Mar. 2024 )
=1914.541+4601.039
=6,516

Shinko's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets=Total Equity (Q: Sep. 2024 )+Total Liabilities (Q: Sep. 2024 )
=1882.488+3948.169
=5,831

* 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.

Shinko  (TSE:7120) Total Assets Explanation

Total Assets is connected with ROA %.

Shinko's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=0/( (6515.58+5830.657)/ 2 )
=0/6173.1185
=0.00 %

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

Shinko's Asset Turnover for the quarter that ended in Sep. 2024 is

Asset Turnover
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=0/( (6515.58+5830.657)/ 2 )
=0/6173.1185
=0.00

* 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.

Shinko Total Assets Related Terms

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Shinko Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Shinko Inc (TSE:7120) » Definitions » Total Assets
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Traded in Other Exchanges
N/A
Address
8F CS Tower, 5-20-8 Asakusabashi, Taito-ku, Tokyo, JPN, 111-0053
Website
https://www.kk-shinko.com
Shinko Inc is engaged in providing maintenance services for IT equipment and Staffing services. The company's services and products include; Maintenance services, human resource services, Introduction design and installation development services, and Network security-related products. The Maintenance services include Onsite maintenance service, Help desk service, Remote monitoring service, and call center service. The human resource services include an Engineer dispatch service and a Business contract. The Introduction design and installation development services include Network design and construction, Wireless environment construction, and Communication system construction.

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