Nissin Shoji Co's Total Assets for the quarter that ended in Sep. 2024 was 円38,918 Mil.
During the past 12 months, Nissin Shoji Co's average Total Assets Growth Rate was 7.40% per year.
During the past 3 years, the average Total Assets Growth Rate was 6.70% per year.
During the past 5 years, the average Total Assets Growth Rate was 3.70% per year.
During the past 10 years, the average Total Assets Growth Rate was 3.40% per year.
During the past 13 years, Nissin Shoji Co's highest 3-Year average Total Assets Growth Rate was 8.80%. The lowest was -3.10%. And the median was 4.05%.
The historical data trend for Nissin Shoji 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.
Nissin Shoji Co's Total Assets for the fiscal year that ended in Mar. 2024 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.
Nissin Shoji Co (TSE:7490) Total Assets Explanation
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.
Nissin Shoji Co's Asset Turnover for the quarter that ended in Sep. 2024 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.
Nissin Shoji Co Total Assets Related Terms
Thank you for viewing the detailed overview of Nissin Shoji Co's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Nissin Shoji Co Ltd is engaged in the sale of general petroleum products, petrochemical products, synthetic resin products, liquefied petroleum gas, and by-products. The company is also involved in real estate rental business, eating and drinking business, leasing of automobiles and automobile supplies, manufacture and sale of beverages, manufacture, and sale of agricultural materials, agency business related to telecommunications equipment sales and telecommunications service, and other business-related to power generation and power distribution.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
TSE:7490 has been successfully added to your 