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Bank Ofga (TSE:8395) Total Assets : 円3,119,519 Mil (As of Sep. 2024)


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What is Bank Ofga Total Assets?

Bank Ofga's Total Assets for the quarter that ended in Sep. 2024 was 円3,119,519 Mil.

During the past 12 months, Bank Ofga's average Total Assets Growth Rate was -1.50% per year. During the past 3 years, the average Total Assets Growth Rate was 3.40% per year. During the past 5 years, the average Total Assets Growth Rate was 6.30% per year. During the past 10 years, the average Total Assets Growth Rate was 4.50% per year.

During the past 13 years, Bank Ofga's highest 3-Year average Total Assets Growth Rate was 8.50%. The lowest was -0.20%. And the median was 2.05%.

Total Assets is connected with ROA %. Bank Ofga's annualized ROA % for the quarter that ended in Sep. 2024 was 0.00%. Total Assets is also linked to Revenue through Asset Turnover. Bank Ofga's Asset Turnover for the quarter that ended in Sep. 2024 was 0.00.


Bank Ofga Total Assets Historical Data

The historical data trend for Bank Ofga'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.

Bank Ofga Total Assets Chart

Bank Ofga 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 2,559,886.00 3,051,047.00 3,164,026.00 3,009,245.00 3,160,769.00

Bank Ofga Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
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 3,095,496.00 3,049,531.00 3,047,912.00 3,160,769.00 3,119,519.00

Bank Ofga 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.

Bank Ofga'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 )
=122564+3038205
=3,160,769

Bank Ofga's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets=Total Equity (Q: Sep. 2024 )+Total Liabilities (Q: Sep. 2024 )
=122083+2997436
=3,119,519

* 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.


Bank Ofga  (TSE:8395) Total Assets Explanation

Total Assets is connected with ROA %.

Bank Ofga's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=0/( (3160769+3119519)/ 2 )
=0/3140144
=0.00 %

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

Bank Ofga's Asset Turnover for the quarter that ended in Sep. 2024 is

Asset Turnover
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=0/( (3160769+3119519)/ 2 )
=0/3140144
=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.

Bank Ofga Total Assets Related Terms

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Bank Ofga Business Description

Traded in Other Exchanges
N/A
Address
7-20 Tojin 2-Chome, Saga, JPN, 840-0813
Bank Of Saga Ltd provides banking and other financial services in Japan. The bank offers deposits account such as current, ordinary, settlement, savings, time deposits, and other deposits. It also provides loans, private placements bonds, venture company support, government bonds, municipal and corporate bonds, stocks and other securities. In addition, the bank also renders services including corporate internet banking service, foreign exchange services, telephone, and direct payment service of treasury funds and many more.

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