Tsubota Laboratory (TSE:4890) Total Assets : 円2,002.2 Mil (As of Dec. 2023)

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What is Tsubota Laboratory Total Assets?

Tsubota Laboratory's Total Assets for the quarter that ended in Dec. 2023 was 円2,002.2 Mil.

During the past 12 months, Tsubota Laboratory's average Total Assets Growth Rate was -19.60% per year. During the past 3 years, the average Total Assets Growth Rate was -4.20% per year.

During the past 5 years, Tsubota Laboratory's highest 3-Year average Total Assets Growth Rate was 50.60%. The lowest was -4.20%. And the median was 23.20%.

Total Assets is connected with ROA %. Tsubota Laboratory's annualized ROA % for the quarter that ended in Dec. 2023 was -122.79%. Total Assets is also linked to Revenue through Asset Turnover. Tsubota Laboratory's Asset Turnover for the quarter that ended in Dec. 2023 was 0.06.

Tsubota Laboratory Total Assets Historical Data

The historical data trend for Tsubota Laboratory'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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Tsubota Laboratory Total Assets Chart

Tsubota Laboratory Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Total Assets

530.48

1,078.58

1,617.80

2,672.96

2,295.16

Tsubota Laboratory Quarterly Data
	Mar20	Mar21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial							2,672.96	2,483.56	2,311.48	2,002.20	2,295.16

Tsubota Laboratory 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.

Tsubota Laboratory'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 )
	=	1367.232	+	927.927
	=	2,295.2

Tsubota Laboratory'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 )
	=	1053.075	+	949.122
	=	2,002.2

Tsubota Laboratory (TSE:4890) Total Assets Explanation

Total Assets is connected with ROA %.

Tsubota Laboratory'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 )
	=	-2648.312	/	( (2311.483	+	2002.197)	/ 2 )
	=	-2648.312	/	2156.84
	=	-122.79 %

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.

Tsubota Laboratory'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 )
=	124.711	/	( (2311.483	+	2002.197)	/ 2 )
=	124.711	/	2156.84
=	0.06

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.

Tsubota Laboratory Total Assets Related Terms

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Tsubota Laboratory (TSE:4890) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Tsubota Laboratory Inc (TSE:4890) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

34 Shinanomachi, 304 Toshin Shinanomachi-ekimae Building, Shinjuku-ku, Tokyo, JPN, 160-0016

Website

https://tsubota-lab.com

Tsubota Laboratory Inc is engaged in the research and development of pharmaceuticals and medical devices for the treatment of myopia, dry eyes, and presbyopia.

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