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Benefit One (TSE:2412) Total Assets : 円47,995 Mil (As of Dec. 2023)


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What is Benefit One Total Assets?

Benefit One's Total Assets for the quarter that ended in Dec. 2023 was 円47,995 Mil.

Warning Sign:

If a company builds assets at 18.6% a year, faster than its revenue growth rate of 3.4% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Benefit One's average Total Assets Growth Rate was -4.20% per year. During the past 3 years, the average Total Assets Growth Rate was 22.10% per year. During the past 5 years, the average Total Assets Growth Rate was 18.60% per year. During the past 10 years, the average Total Assets Growth Rate was 11.70% per year.

During the past 13 years, Benefit One's highest 3-Year average Total Assets Growth Rate was 31.80%. The lowest was -0.20%. And the median was 11.30%.

Total Assets is connected with ROA %. Benefit One's annualized ROA % for the quarter that ended in Dec. 2023 was 12.53%. Total Assets is also linked to Revenue through Asset Turnover. Benefit One's Asset Turnover for the quarter that ended in Dec. 2023 was 0.20.


Benefit One Total Assets Historical Data

The historical data trend for Benefit One'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.

Benefit One Total Assets Chart

Benefit One 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 29,926.00 36,171.00 58,047.00 53,981.00 50,587.00

Benefit One 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 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 53,981.00 48,429.00 48,349.00 47,995.00 50,587.00

Benefit One 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.

Benefit One'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 )
=24329+26258
=50,587

Benefit One's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (Q: Dec. 2023 )+Total Liabilities (Q: Dec. 2023 )
=22434+25561
=47,995

* 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.


Benefit One  (TSE:2412) Total Assets Explanation

Total Assets is connected with ROA %.

Benefit One's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=6036/( (48349+47995)/ 2 )
=6036/48172
=12.53 %

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.

Benefit One's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=9644/( (48349+47995)/ 2 )
=9644/48172
=0.20

* 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.

Benefit One Total Assets Related Terms

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Benefit One (TSE:2412) Business Description

Traded in Other Exchanges
Address
Job Hub Square 6-2, 2-chome, 9th Floor, Otemachi, Chiyoda-ku, Tokyo, JPN, 100-0004
Benefit One Inc is a Japanese company providing provisions of agency business for welfare work. The company mainly engages in welfare work and sales. It provides lodging facilities, schools, and sports clubs to people under various schemes. It also markets products on its seasonal magazines and website for sales purpose.

Benefit One (TSE:2412) Headlines

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