Daiko Denshi Tsushin's Total Assets for the quarter that ended in Dec. 2023 was 円25,687 Mil.
During the past 12 months, Daiko Denshi Tsushin's average Total Assets Growth Rate was 7.00% per year.
During the past 3 years, the average Total Assets Growth Rate was -1.50% per year.
During the past 5 years, the average Total Assets Growth Rate was -1.00% per year.
During the past 10 years, the average Total Assets Growth Rate was -0.50% per year.
During the past 13 years, Daiko Denshi Tsushin's highest 3-Year average Total Assets Growth Rate was 8.10%. The lowest was -7.20%. And the median was -0.60%.
The historical data trend for Daiko Denshi Tsushin'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.
Daiko Denshi Tsushin's Total Assets for the fiscal year that ended in Mar. 2023 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.
Daiko Denshi Tsushin (TSE:8023) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Dec. 2023) 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.
Daiko Denshi Tsushin's Asset Turnover for the quarter that ended in Dec. 2023 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.
Daiko Denshi Tsushin Total Assets Related Terms
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Daiko Denshi Tsushin (TSE:8023) Business Description
Daiko Denshi Tsushin Ltd is engaged in the sale of information communications equipment and the provision of related services. The principal business activities of the company include system consultancy, sales and maintenances of various types of computers, development and maintenances of software, sales and maintenances of a network, sales of computer-related products and construction of office facility.
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