Alps Logistics Co's Total Assets for the quarter that ended in Dec. 2023 was 円100,400 Mil.
Warning Sign:
If a company builds assets at 4.3% a year, faster than its revenue growth rate of 2.7% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Alps Logistics Co's average Total Assets Growth Rate was 6.90% per year.
During the past 3 years, the average Total Assets Growth Rate was 4.80% per year.
During the past 5 years, the average Total Assets Growth Rate was 4.30% per year.
During the past 10 years, the average Total Assets Growth Rate was 4.40% per year.
During the past 13 years, Alps Logistics Co's highest 3-Year average Total Assets Growth Rate was 6.80%. The lowest was 1.00%. And the median was 4.40%.
The historical data trend for Alps Logistics 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.
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.
Alps Logistics Co's Total Assets for the fiscal year that ended in Mar. 2023 is calculated as
* 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.
Alps Logistics Co (TSE:9055) Total Assets Explanation
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.
Alps Logistics Co's Asset Turnover for the quarter that ended in Dec. 2023 is
* 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.
Alps Logistics Co Total Assets Related Terms
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Alps Logistics Co Ltd is a Japan-based company engaged in the provision of integrated logistics services. It operates through three segments namely Transportation, Warehousing, and Forwarding. Its Transportation segment includes the supply of products from electronic component manufacturers and trading companies to end-product manufacturers. The Warehousing segment is involved in the storage of various electronic components and other products. Its Forwarding segment consists of multi-function logistics centers that supply products to overseas markets.
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