Sumitomo Heavy Industries (STU:SSM1) Total Assets : €7,701 Mil (As of Mar. 2024)

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What is Sumitomo Heavy Industries Total Assets?

Sumitomo Heavy Industries's Total Assets for the quarter that ended in Mar. 2024 was €7,701 Mil.

During the past 12 months, Sumitomo Heavy Industries's average Total Assets Growth Rate was 5.60% per year.

During the past 13 years, Sumitomo Heavy Industries's highest 3-Year average Total Assets Growth Rate was 7.60%. The lowest was -6.90%. And the median was 3.10%.

Total Assets is connected with ROA %. Sumitomo Heavy Industries's annualized ROA % for the quarter that ended in Mar. 2024 was 4.35%. Total Assets is also linked to Revenue through Asset Turnover. Sumitomo Heavy Industries's Asset Turnover for the quarter that ended in Mar. 2024 was 0.20.

Sumitomo Heavy Industries Total Assets Historical Data

The historical data trend for Sumitomo Heavy Industries'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.

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Sumitomo Heavy Industries Total Assets Chart

Sumitomo Heavy Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Dec23

Total Assets

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7,596.75

8,372.83

7,964.87

8,384.37

Sumitomo Heavy Industries 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															8,194.75	7,858.03	7,812.52	7,648.11	7,700.96

Sumitomo Heavy Industries 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.

Sumitomo Heavy Industries'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 )
	=	N/A	+	N/A
	=	N/A

Sumitomo Heavy Industries'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 )
	=	3986.219	+	3714.736
	=	7,701

Sumitomo Heavy Industries (STU:SSM1) Total Assets Explanation

Total Assets is connected with ROA %.

Sumitomo Heavy Industries'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 )
	=	334.032	/	( (7648.107	+	7700.955)	/ 2 )
	=	334.032	/	7674.531
	=	4.35 %

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.

Sumitomo Heavy Industries'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 )
=	1564.733	/	( (7648.107	+	7700.955)	/ 2 )
=	1564.733	/	7674.531
=	0.20

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.

Sumitomo Heavy Industries Total Assets Related Terms

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Sumitomo Heavy Industries (STU:SSM1) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Sumitomo Heavy Industries Ltd (STU:SSM1) » Definitions » Total Assets

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SOHVY:USA 6302:Japan

Address

ThinkPark Tower, 1-1 Osaki 2-chome, Shinagawa-ku, Tokyo, JPN, 141-6025

Website

http://www.shi.co.jp

Sumitomo Heavy Industries Ltd develops and manufactures a range of industrial machinery, from gearboxes to ships and large-scale plants. It offers power transmission and control systems, molding machinery, mobile cranes, turbines, and other industrial systems to optimize production. The company has six operating segments: machinery components, precision machinery, construction machinery, industrial machinery, ships, and environmental facilities and plants. Its segments collaborate, utilize research and development, and look for synergies to create new technologies or build on existing components. Japan accounts for approximately half of total revenue, with the remainder split between the United States, China, and other areas.

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