ITO EN's Total Assets for the quarter that ended in Jan. 2024 was 円336,898 Mil.
During the past 12 months, ITO EN's average Total Assets Growth Rate was 4.10% per year.
During the past 3 years, the average Total Assets Growth Rate was 1.30% per year.
During the past 5 years, the average Total Assets Growth Rate was -0.60% per year.
During the past 10 years, the average Total Assets Growth Rate was 0.80% per year.
During the past 13 years, ITO EN's highest 3-Year average Total Assets Growth Rate was 19.70%. The lowest was -2.30%. And the median was 6.35%.
Total Assets is connected with ROA %. ITO EN's annualizedROA % for the quarter that ended in Jan. 2024 was 3.51%. Total Assets is also linked to Revenue through Asset Turnover. ITO EN's Asset Turnover for the quarter that ended in Jan. 2024 was 0.30.
ITO EN Total Assets Historical Data
The historical data trend for ITO EN'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.
ITO EN's Total Assets for the fiscal year that ended in Apr. 2023 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 (Jan. 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.
ITO EN's Asset Turnover for the quarter that ended in Jan. 2024 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.
ITO EN Total Assets Related Terms
Thank you for viewing the detailed overview of ITO EN's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
ITO EN Ltd makes beverages and other tea and nutritional products that it sells in Japan. Ito En primarily sells green tea products, including ready-to-drink beverages, tea bags, and other tea leaf products, under its Oi Ocha brand. Other beverages the company sells include black tea, Chinese tea, coffee, vegetable beverages, fruit beverages, mineral water, and functional beverages. The Leaf- and Drink-Related business segment makes up roughly 90% of the company's total revenue. Most remaining revenue is generated from Ito En's restaurant business, which operates hundreds of Tully's coffee shops in Japan.
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