Life's Total Assets for the quarter that ended in Feb. 2024 was 円287,146 Mil.
Warning Sign:
If a company builds assets at 3.1% a year, faster than its revenue growth rate of 2.8% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Life's average Total Assets Growth Rate was 2.80% per year.
During the past 3 years, the average Total Assets Growth Rate was 3.30% per year.
During the past 5 years, the average Total Assets Growth Rate was 3.10% per year.
During the past 10 years, the average Total Assets Growth Rate was 4.60% per year.
During the past 13 years, Life's highest 3-Year average Total Assets Growth Rate was 6.00%. The lowest was 0.10%. And the median was 4.40%.
Total Assets is connected with ROA %. Life's annualizedROA % for the quarter that ended in Feb. 2024 was 5.15%. Total Assets is also linked to Revenue through Asset Turnover. Life's Asset Turnover for the quarter that ended in Feb. 2024 was 0.73.
Life Total Assets Historical Data
The historical data trend for Life'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.
Life's Total Assets for the fiscal year that ended in Feb. 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.
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.
Life's Asset Turnover for the quarter that ended in Feb. 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.
Life Total Assets Related Terms
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Life Corp is a Japanese supermarket chain operator. The company is domiciled in Japan and generates the majority of revenue domestically. Life Corporation operates stores in Osaka, Tokyo, Hyogo, Kyoto, Nara, Saitama, Chiba, and Kanagawa, and derives the majority of revenue from stores located in Osaka and Tokyo. The company's supermarkets focus on the retail of seafood products, bakery products, food products, fresh fruit and vegetables, meat products, clothing, toilet paper, and craft products. The supermarkets carry a private-label brand of packaged foods.
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