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Lihit Lab (TSE:7975) Total Assets : 円13,118 Mil (As of Feb. 2024)


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What is Lihit Lab Total Assets?

Lihit Lab's Total Assets for the quarter that ended in Feb. 2024 was 円13,118 Mil.

During the past 12 months, Lihit Lab's average Total Assets Growth Rate was 1.90% per year. During the past 3 years, the average Total Assets Growth Rate was 2.40% per year. During the past 5 years, the average Total Assets Growth Rate was -0.20% per year. During the past 10 years, the average Total Assets Growth Rate was -0.60% per year.

During the past 13 years, Lihit Lab's highest 3-Year average Total Assets Growth Rate was 2.40%. The lowest was -3.00%. And the median was -0.30%.

Total Assets is connected with ROA %. Lihit Lab's annualized ROA % for the quarter that ended in Feb. 2024 was -0.79%. Total Assets is also linked to Revenue through Asset Turnover. Lihit Lab's Asset Turnover for the quarter that ended in Feb. 2024 was 0.17.


Lihit Lab Total Assets Historical Data

The historical data trend for Lihit Lab'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.

Lihit Lab Total Assets Chart

Lihit Lab Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13,192.93 12,866.95 13,329.65 12,732.33 13,117.53

Lihit Lab Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12,732.33 12,792.34 12,870.35 13,304.12 13,117.53

Lihit Lab 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.

Lihit Lab's Total Assets for the fiscal year that ended in Feb. 2024 is calculated as

Total Assets=Total Equity (A: Feb. 2024 )+Total Liabilities (A: Feb. 2024 )
=10242.087+2875.44
=13,118

Lihit Lab's Total Assets for the quarter that ended in Feb. 2024 is calculated as

Total Assets=Total Equity (Q: Feb. 2024 )+Total Liabilities (Q: Feb. 2024 )
=10242.087+2875.44
=13,118

* 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.


Lihit Lab  (TSE:7975) Total Assets Explanation

Total Assets is connected with ROA %.

Lihit Lab's annualized ROA % for the quarter that ended in Feb. 2024 is

ROA %=Net Income (Q: Feb. 2024 )/( (Total Assets (Q: Nov. 2023 )+Total Assets (Q: Feb. 2024 ))/ count )
=-104.836/( (13304.122+13117.527)/ 2 )
=-104.836/13210.8245
=-0.79 %

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

Lihit Lab's Asset Turnover for the quarter that ended in Feb. 2024 is

Asset Turnover
=Revenue (Q: Feb. 2024 )/( (Total Assets (Q: Nov. 2023 )+Total Assets (Q: Feb. 2024 ))/ count )
=2195.486/( (13304.122+13117.527)/ 2 )
=2195.486/13210.8245
=0.17

* 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.

Lihit Lab Total Assets Related Terms

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Lihit Lab (TSE:7975) Business Description

Traded in Other Exchanges
N/A
Address
1-1-22 Farmer Bridge Chuo-ku, Osaka, JPN, 540-8526
Lihit Lab., Inc. is engaged in manufacturing and selling office supplies in Japan and internationally. Its products include files, clear books, clear cases, bag cases, and note binders; card holders, pencil cases, photo postcard albums, clip files, clipboards, and schedule files; drawing organize supplies and steel office equipment; OA and medical surprise products; and office devices.

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