Platz Co (TSE:7813) Total Assets : 円6,016 Mil (As of Mar. 2024)

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What is Platz Co Total Assets?

Platz Co's Total Assets for the quarter that ended in Mar. 2024 was 円6,016 Mil.

Warning Sign:

If a company builds assets at 6.1% a year, faster than its revenue growth rate of 4.2% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Platz Co's average Total Assets Growth Rate was -13.10% per year. During the past 3 years, the average Total Assets Growth Rate was 3.60% per year. During the past 5 years, the average Total Assets Growth Rate was 6.10% per year.

During the past 10 years, Platz Co's highest 3-Year average Total Assets Growth Rate was 20.00%. The lowest was 0.80%. And the median was 10.90%.

Total Assets is connected with ROA %. Platz Co's annualized ROA % for the quarter that ended in Mar. 2024 was 7.18%. Total Assets is also linked to Revenue through Asset Turnover. Platz Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.31.

Platz Co Total Assets Historical Data

The historical data trend for Platz 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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Platz Co Total Assets Chart

Platz Co Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Total Assets

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4,705.83

5,133.36

6,213.46

6,468.43

6,025.68

Platz Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															6,530.35	6,025.68	5,997.28	5,816.89	6,016.21

Platz 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.

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

Total Assets	=	Total Equity (A: Jun. 2023 )	+	Total Liabilities (A: Jun. 2023 )
	=	3144.928	+	2880.756
	=	6,026

Platz Co's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	3267.283	+	2748.927
	=	6,016

Platz Co (TSE:7813) Total Assets Explanation

Total Assets is connected with ROA %.

Platz Co's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	424.704	/	( (5816.893	+	6016.21)	/ 2 )
	=	424.704	/	5916.5515
	=	7.18 %

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

Platz Co's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	1818.346	/	( (5816.893	+	6016.21)	/ 2 )
=	1818.346	/	5916.5515
=	0.31

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.

Platz Co Total Assets Related Terms

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Platz Co (TSE:7813) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Platz Co Ltd (TSE:7813) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-3-17, Nakahata, Fukuoka, Onojo, JPN, 816-0921

Website

http://www.platz-ltd.co.jp

Platz Co Ltd is engaged in the manufacturing and sales of nursing care beds, mattresses and other bed related items. The company's products include table, side rail, floor protection carpet and kneeparo.

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