Yurtec's Total Assets for the quarter that ended in Dec. 2023 was 円219,763 Mil.
Warning Sign:
If a company builds assets at 4.4% a year, faster than its revenue growth rate of 3.9% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Yurtec's average Total Assets Growth Rate was 0.60% per year.
During the past 3 years, the average Total Assets Growth Rate was 5.50% per year.
During the past 5 years, the average Total Assets Growth Rate was 4.40% per year.
During the past 10 years, the average Total Assets Growth Rate was 3.00% per year.
During the past 13 years, Yurtec's highest 3-Year average Total Assets Growth Rate was 11.90%. The lowest was -4.30%. And the median was 1.55%.
Total Assets is connected with ROA %. Yurtec's annualizedROA % for the quarter that ended in Dec. 2023 was 4.38%. Total Assets is also linked to Revenue through Asset Turnover. Yurtec's Asset Turnover for the quarter that ended in Dec. 2023 was 0.31.
Yurtec Total Assets Historical Data
The historical data trend for Yurtec'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.
Yurtec's Total Assets for the fiscal year that ended in Mar. 2024 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.
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.
Yurtec'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.
Yurtec Total Assets Related Terms
Thank you for viewing the detailed overview of Yurtec's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Yurtec Corp is an engineering and construction company. It constructs, maintains and repairs electric power facilities of Tohoku Electric Power Co., Ltd. Its services include air conditioning equipment, plumbing sanitation facilities, information and communication equipment of various facilities and are also responsible for safety and security. It also deals with company transmission and transformation, construction and maintenance of power distribution equipment, construction related to information communication networks, and more. The company mainly operates in Japan.
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