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Mental Health Technologies Co (TSE:9218) Total Assets : 円4,292 Mil (As of Mar. 2024)


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What is Mental Health Technologies Co Total Assets?

Mental Health Technologies Co's Total Assets for the quarter that ended in Mar. 2024 was 円4,292 Mil.

During the past 12 months, Mental Health Technologies Co's average Total Assets Growth Rate was 405.20% per year. During the past 3 years, the average Total Assets Growth Rate was 64.10% per year.

During the past 5 years, Mental Health Technologies Co's highest 3-Year average Total Assets Growth Rate was 73.60%. The lowest was 64.10%. And the median was 68.85%.

Total Assets is connected with ROA %. Mental Health Technologies Co's annualized ROA % for the quarter that ended in Mar. 2024 was -37.96%. Total Assets is also linked to Revenue through Asset Turnover. Mental Health Technologies Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.29.

Mental Health Technologies Co Total Assets Historical Data

The historical data trend for Mental Health Technologies 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.

Mental Health Technologies Co Total Assets Chart

Mental Health Technologies Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
227.77 374.45 663.62 1,296.11 1,733.84

Mental Health Technologies Co Quarterly Data
Dec19 Dec20 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 1,476.08 1,454.30 1,588.66 1,733.84 4,291.89

Mental Health Technologies 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.

Mental Health Technologies Co's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=1115.515+618.32
=1,734

Mental Health Technologies Co's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets=Total Equity (Q: Mar. 2024 )+Total Liabilities (Q: Mar. 2024 )
=1021.498+3270.395
=4,292

* 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.

Mental Health Technologies Co  (TSE:9218) Total Assets Explanation

Total Assets is connected with ROA %.

Mental Health Technologies Co's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=-1143.768/( (1733.835+4291.893)/ 2 )
=-1143.768/3012.864
=-37.96 %

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

Mental Health Technologies Co's Asset Turnover for the quarter that ended in Mar. 2024 is

Asset Turnover
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=869.359/( (1733.835+4291.893)/ 2 )
=869.359/3012.864
=0.29

* 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.

Mental Health Technologies Co Total Assets Related Terms

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Mental Health Technologies Co (TSE:9218) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Mental Health Technologies Co Ltd (TSE:9218) » Definitions » Total Assets
Comparable Companies
TSE:8769 TSE:6059 TSE:2373 TSE:6034 TSE:7091 TSE:7097 TSE:9214 TSE:2435 TSE:9220 TSE:2425 HCA SAU:4013 SZSE:300015 HKSE:06618 XTER:FRE BKK:BDMS XKLS:5225 BSP:RDOR3 XTER:FME UHS
Traded in Other Exchanges
N/A
Address
3-16-11 Akasaka, Tokai Akasaka Building 4th Floor, Minato-ku, Tokyo, JPN, 107- 0052
Website
https://www.mh-tec.co.jp
Mental Health Technologies Co Ltd is engaged in the mental health solution business, medical career support business and digital marketing business.

Mental Health Technologies Co (TSE:9218) Headlines

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