Mito Securities Co (TSE:8622) Total Assets : 円72,264 Mil (As of Dec. 2023)

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What is Mito Securities Co Total Assets?

Mito Securities Co's Total Assets for the quarter that ended in Dec. 2023 was 円72,264 Mil.

During the past 12 months, Mito Securities Co's average Total Assets Growth Rate was 23.50% per year. During the past 3 years, the average Total Assets Growth Rate was -1.60% per year. During the past 5 years, the average Total Assets Growth Rate was 1.10% per year. During the past 10 years, the average Total Assets Growth Rate was -0.50% per year.

During the past 13 years, Mito Securities Co's highest 3-Year average Total Assets Growth Rate was 18.50%. The lowest was -12.00%. And the median was 0.50%.

Total Assets is connected with ROA %. Mito Securities Co's annualized ROA % for the quarter that ended in Dec. 2023 was 1.55%. Total Assets is also linked to Revenue through Asset Turnover. Mito Securities Co's Asset Turnover for the quarter that ended in Dec. 2023 was 0.05.

Mito Securities Co Total Assets Historical Data

The historical data trend for Mito Securities Co'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.

Mito Securities Co Total Assets Chart

Mito Securities Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Assets

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60,940.00

71,912.00

64,511.00

61,564.00

74,033.00

Mito Securities Co 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															61,564.00	68,213.00	69,409.00	72,264.00	74,033.00

Mito Securities Co 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.

Mito Securities Co'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 )
	=	42824	+	31209
	=	74,033

Mito Securities Co'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 )
	=	39979	+	32285
	=	72,264

Mito Securities Co (TSE:8622) Total Assets Explanation

Total Assets is connected with ROA %.

Mito Securities Co'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 )
	=	1100	/	( (69409	+	72264)	/ 2 )
	=	1100	/	70836.5
	=	1.55 %

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.

Mito Securities Co'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 )
=	3191	/	( (69409	+	72264)	/ 2 )
=	3191	/	70836.5
=	0.05

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.

Mito Securities Co Total Assets Related Terms

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Mito Securities Co (TSE:8622) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Mito Securities Co Ltd (TSE:8622) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-3-10,Nihonbashi, Chuo-ku, Tokyo, JPN, 1030027

Website

http://www.mito.co.jp

Mito Securities Co Ltd is a Japan-based company mainly engaged in the securities business. The company is involved in the purchase and sale of marketable securities, underwriting, sale, and offering of marketable securities. In addition, it also provides the variety of customized products such as fund wrap, investment trust, mutual fund, bonds, stocks and much more.

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