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Meitec Group Holdings (TSE:9744) Total Assets : 円87,964 Mil (As of Sep. 2024)


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What is Meitec Group Holdings Total Assets?

Meitec Group Holdings's Total Assets for the quarter that ended in Sep. 2024 was 円87,964 Mil.

During the past 12 months, Meitec Group Holdings's average Total Assets Growth Rate was 6.60% per year. During the past 3 years, the average Total Assets Growth Rate was 8.30% per year. During the past 5 years, the average Total Assets Growth Rate was 4.70% per year. During the past 10 years, the average Total Assets Growth Rate was 1.60% per year.

During the past 13 years, Meitec Group Holdings's highest 3-Year average Total Assets Growth Rate was 8.30%. The lowest was -8.00%. And the median was -1.30%.

Total Assets is connected with ROA %. Meitec Group Holdings's annualized ROA % for the quarter that ended in Sep. 2024 was 10.53%. Total Assets is also linked to Revenue through Asset Turnover. Meitec Group Holdings's Asset Turnover for the quarter that ended in Sep. 2024 was 0.37.


Meitec Group Holdings Total Assets Historical Data

The historical data trend for Meitec Group Holdings'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.

Meitec Group Holdings Total Assets Chart

Meitec Group Holdings 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 77,493.00 75,038.00 81,590.00 84,576.00 90,761.00

Meitec Group Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 85,665.00 82,315.00 90,761.00 - 87,964.00

Meitec Group Holdings 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.

Meitec Group Holdings'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 )
=47697+43064
=90,761

Meitec Group Holdings'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 )
=47839+40125
=87,964

* 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.


Meitec Group Holdings  (TSE:9744) Total Assets Explanation

Total Assets is connected with ROA %.

Meitec Group Holdings's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=9260/( (0+87964)/ 1 )
=9260/87964
=10.53 %

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.

Meitec Group Holdings's Asset Turnover for the quarter that ended in Sep. 2024 is

Asset Turnover
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=32927/( (0+87964)/ 1 )
=32927/87964
=0.37

* 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.

Meitec Group Holdings Total Assets Related Terms

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Meitec Group Holdings Business Description

Traded in Other Exchanges
N/A
Address
1-1-10 Ueno, Taito-ku, Tokyo, JPN, 110-0005
Meitec Group Holdings Inc formerly Meitec Corp offers staffing in the flexible labour market and engineering solutions for manufacturers. The company provides temporary engineering staffing, senior-workforce development, career development and career change support, global engineering solution outsourcing, prototyping and mold making, mounting and design of circuit boards, and information technology solutions. The core business segment is temporary staffing offering flexible staffing for engineering companies. Meitec operates in Japan.

Meitec Group Holdings Headlines

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