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The Yamagata Bank (TSE:8344) Total Assets : 円3,104,349 Mil (As of Dec. 2023)


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What is The Yamagata Bank Total Assets?

The Yamagata Bank's Total Assets for the quarter that ended in Dec. 2023 was 円3,104,349 Mil.

During the past 12 months, The Yamagata Bank's average Total Assets Growth Rate was 3.10% per year. During the past 3 years, the average Total Assets Growth Rate was 4.10% per year. During the past 5 years, the average Total Assets Growth Rate was 3.40% per year. During the past 10 years, the average Total Assets Growth Rate was 2.50% per year.

During the past 13 years, The Yamagata Bank's highest 3-Year average Total Assets Growth Rate was 5.30%. The lowest was 1.20%. And the median was 3.40%.

Total Assets is connected with ROA %. The Yamagata Bank's annualized ROA % for the quarter that ended in Dec. 2023 was 0.07%. Total Assets is also linked to Revenue through Asset Turnover. The Yamagata Bank's Asset Turnover for the quarter that ended in Dec. 2023 was 0.01.


The Yamagata Bank Total Assets Historical Data

The historical data trend for The Yamagata Bank'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.

The Yamagata Bank Total Assets Chart

The Yamagata Bank Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,576,980.00 2,653,119.00 3,128,968.00 3,538,352.00 3,144,460.00

The Yamagata Bank Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2,982,835.00 3,144,460.00 3,208,138.00 3,124,438.00 3,104,349.00

The Yamagata Bank 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.

The Yamagata Bank's Total Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Assets=Total Equity (A: Mar. 2023 )+Total Liabilities (A: Mar. 2023 )
=133729+3010731
=3,144,460

The Yamagata Bank's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (Q: Dec. 2023 )+Total Liabilities (Q: Dec. 2023 )
=138764+2965585
=3,104,349

* 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.


The Yamagata Bank  (TSE:8344) Total Assets Explanation

Total Assets is connected with ROA %.

The Yamagata Bank's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=2224/( (3124438+3104349)/ 2 )
=2224/3114393.5
=0.07 %

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.

The Yamagata Bank's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=15636/( (3124438+3104349)/ 2 )
=15636/3114393.5
=0.01

* 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.

The Yamagata Bank Total Assets Related Terms

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The Yamagata Bank (TSE:8344) Business Description

Traded in Other Exchanges
N/A
Address
1-2, Nanukamachi 3-chome, Yamagata, JPN, 990-8642
The Yamagata Bank Ltd is a provider of banking products and services, domiciled in Japan. The company generates the vast majority of revenue domestically. The bank operates through three functions: banking segment, leasing industry, and others. The largest of these is the banking segment, which offers products such as deposits and lending, exchange services, investment in securities, credit cards, venture capital services, and credit guarantees. The leasing industry segment is the next largest contributor to revenue and is involved in leasing services as well as business support and data processing.

The Yamagata Bank (TSE:8344) Headlines

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