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Daiwa Office Investment (TSE:8976) Total Assets : 円482,201 Mil (As of Nov. 2023)


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What is Daiwa Office Investment Total Assets?

Daiwa Office Investment's Total Assets for the quarter that ended in Nov. 2023 was 円482,201 Mil.

During the past 12 months, Daiwa Office Investment's average Total Assets Growth Rate was -1.20% per year. During the past 3 years, the average Total Assets Growth Rate was 0.30% per year. During the past 5 years, the average Total Assets Growth Rate was -0.30% per year. During the past 10 years, the average Total Assets Growth Rate was 3.30% per year.

During the past 13 years, Daiwa Office Investment's highest 3-Year average Total Assets Growth Rate was 32.90%. The lowest was -0.60%. And the median was 6.60%.

Total Assets is connected with ROA %. Daiwa Office Investment's annualized ROA % for the quarter that ended in Nov. 2023 was 2.57%. Total Assets is also linked to Revenue through Asset Turnover. Daiwa Office Investment's Asset Turnover for the quarter that ended in Nov. 2023 was 0.03.


Daiwa Office Investment Total Assets Historical Data

The historical data trend for Daiwa Office Investment'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.

Daiwa Office Investment Total Assets Chart

Daiwa Office Investment Annual Data
Trend Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 479,212.57 486,030.44 488,570.52 483,279.83 481,049.18

Daiwa Office Investment Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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 483,279.83 483,461.10 481,049.18 482,471.08 482,200.82

Daiwa Office Investment 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.

Daiwa Office Investment's Total Assets for the fiscal year that ended in Nov. 2022 is calculated as

Total Assets=Total Equity (A: Nov. 2022 )+Total Liabilities (A: Nov. 2022 )
=247491.307+233557.871
=481,049

Daiwa Office Investment's Total Assets for the quarter that ended in Nov. 2023 is calculated as

Total Assets=Total Equity (Q: Nov. 2023 )+Total Liabilities (Q: Nov. 2023 )
=247523.153+234677.669
=482,201

* 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.


Daiwa Office Investment  (TSE:8976) Total Assets Explanation

Total Assets is connected with ROA %.

Daiwa Office Investment's annualized ROA % for the quarter that ended in Nov. 2023 is

ROA %=Net Income (Q: Nov. 2023 )/( (Total Assets (Q: May. 2023 )+Total Assets (Q: Nov. 2023 ))/ count )
=12384.338/( (482471.082+482200.822)/ 2 )
=12384.338/482335.952
=2.57 %

Note: The Net Income data used here is two times the semi-annual (Nov. 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.

Daiwa Office Investment's Asset Turnover for the quarter that ended in Nov. 2023 is

Asset Turnover
=Revenue (Q: Nov. 2023 )/( (Total Assets (Q: May. 2023 )+Total Assets (Q: Nov. 2023 ))/ count )
=13646.228/( (482471.082+482200.822)/ 2 )
=13646.228/482335.952
=0.03

* 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.

Daiwa Office Investment Total Assets Related Terms

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Daiwa Office Investment (TSE:8976) Business Description

Traded in Other Exchanges
N/A
Address
6-2-1 Ginza, Chuo-ku, Tokyo, JPN
Daiwa Office Investment Corp is a real estate investment trust focused on acquiring, managing, and leasing office properties located in the Five Central Wards of Tokyo. The vast majority of the company's real estate portfolio is composed of office buildings fairly evenly distributed between Tokyo's Five Central Wards in terms of total value. Daiwa derives nearly all of its income in the form of rental revenue from leasing its properties. The firm has a varied tenant base from a number of industries, including the entertainment, retail, insurance, and food and beverage companies.

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