Rhythm Co (TSE:7769) Total Assets : 円45,071 Mil (As of Sep. 2024)

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What is Rhythm Co Total Assets?

Rhythm Co's Total Assets for the quarter that ended in Sep. 2024 was 円45,071 Mil.

During the past 12 months, Rhythm Co's average Total Assets Growth Rate was 1.90% per year. During the past 3 years, the average Total Assets Growth Rate was 8.60% per year. During the past 5 years, the average Total Assets Growth Rate was 2.90% per year. During the past 10 years, the average Total Assets Growth Rate was -2.50% per year.

During the past 13 years, Rhythm Co's highest 3-Year average Total Assets Growth Rate was 12.50%. The lowest was -8.90%. And the median was 1.15%.

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

Rhythm Co Total Assets Historical Data

The historical data trend for Rhythm 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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Rhythm Co Total Assets Chart

Rhythm Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Assets

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37,117.00

35,704.00

38,293.00

39,738.00

43,573.00

Rhythm Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Sep24
Total Assets	Get a 7-Day Free Trial															40,500.00	43,956.00	42,699.00	43,573.00	45,071.00

Rhythm 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.

Rhythm Co'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 )
	=	31144	+	12429
	=	43,573

Rhythm Co'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 )
	=	30254	+	14817
	=	45,071

Rhythm Co (TSE:7769) Total Assets Explanation

Total Assets is connected with ROA %.

Rhythm Co'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	/	( (43573	+	45071)	/ 2 )
	=	0	/	44322
	=	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.

Rhythm Co'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	/	( (43573	+	45071)	/ 2 )
=	0	/	44322
=	0.00

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.

Rhythm Co Total Assets Related Terms

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Rhythm Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Rhythm Co Ltd (TSE:7769) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-299-12 Kitabukuro-cho Omiya-ku, Saitama-shi, Saitama, JPN, 330-9551

Website

http://www.rhythm.co.jp

Rhythm Co Ltd is a watch manufacturer. The company is mainly engaged in the manufacturing and sale of clocks, jewelry, watches, electronic parts, and equipment. It operates its business in four divisions including clock division, electronics division, precision division, and connected terminal division. The Clock division manufactures and supplies products, such as hanging clocks, standing clocks, alarm clocks, watches, and accessories. The Electronics division manufactures and sells information-related equipment, communication, and automobile-related equipment. The Precision division manufactures and sells precision molds, plastic and metal components, and medical equipment. The Connection Terminal division manufactures and sells connection terminal products.

Rhythm Co Headlines

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