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Hachijuni Bank (TSE:8359) Total Assets : 円14,611,013 Mil (As of Dec. 2023)


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What is Hachijuni Bank Total Assets?

Hachijuni Bank's Total Assets for the quarter that ended in Dec. 2023 was 円14,611,013 Mil.

During the past 12 months, Hachijuni Bank's average Total Assets Growth Rate was 18.70% per year. During the past 3 years, the average Total Assets Growth Rate was 5.70% per year. During the past 5 years, the average Total Assets Growth Rate was 4.40% per year. During the past 10 years, the average Total Assets Growth Rate was 3.80% per year.

During the past 13 years, Hachijuni Bank's highest 3-Year average Total Assets Growth Rate was 5.90%. The lowest was 1.20%. And the median was 3.60%.

Total Assets is connected with ROA %. Hachijuni Bank's annualized ROA % for the quarter that ended in Dec. 2023 was 0.17%. Total Assets is also linked to Revenue through Asset Turnover. Hachijuni Bank's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.


Hachijuni Bank Total Assets Historical Data

The historical data trend for Hachijuni 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.

Hachijuni Bank Total Assets Chart

Hachijuni Bank Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10,470,547.00 12,160,638.00 13,343,796.00 12,963,799.00 14,827,752.00

Hachijuni Bank 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 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 12,963,799.00 14,251,336.00 14,668,578.00 14,611,013.00 14,827,752.00

Hachijuni 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.

Hachijuni Bank's Total Assets for the fiscal year that ended in Mar. 2024 is calculated as

Total Assets=Total Equity (A: Mar. 2024 )+Total Liabilities (A: Mar. 2024 )
=1118274+13709478
=14,827,752

Hachijuni 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 )
=1034780+13576233
=14,611,013

* 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.


Hachijuni Bank  (TSE:8359) Total Assets Explanation

Total Assets is connected with ROA %.

Hachijuni 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 )
=25464/( (14668578+14611013)/ 2 )
=25464/14639795.5
=0.17 %

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.

Hachijuni 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 )
=42491/( (14668578+14611013)/ 2 )
=42491/14639795.5
=0.00

* 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.

Hachijuni Bank Total Assets Related Terms

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Hachijuni Bank (TSE:8359) Business Description

Traded in Other Exchanges
Address
178-8 Okada, Nagano, JPN, 380-8682
Hachijuni Bank Ltd is a Japan-based company that is principally engaged in banking. The company is a regional bank, with its business mainly based in Nagano Prefecture. The company's core business segments consist of the leasing business segment and the banking business segment, which includes the banking and credit card businesses. The company generates the majority of revenue from the banking business segment. The majority of its branches are located in certain areas of Japan, and the firm also has a business presence in overseas markets such as Hong Kong, Dalian, Shanghai, and Bangkok.

Hachijuni Bank (TSE:8359) Headlines

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