GDEP Advance (TSE:5885) Total Assets : 円3,581 Mil (As of Feb. 2024)

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What is GDEP Advance Total Assets?

GDEP Advance's Total Assets for the quarter that ended in Feb. 2024 was 円3,581 Mil.

During the past 12 months, GDEP Advance's average Total Assets Growth Rate was 7.20% per year.

Total Assets is connected with ROA %. GDEP Advance's annualized ROA % for the quarter that ended in Feb. 2024 was 15.97%. Total Assets is also linked to Revenue through Asset Turnover. GDEP Advance's Asset Turnover for the quarter that ended in Feb. 2024 was 0.39.

GDEP Advance Total Assets Historical Data

The historical data trend for GDEP Advance'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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GDEP Advance Total Assets Chart

GDEP Advance Annual Data

Trend

May21

May22

May23

Total Assets

1,759.27

2,146.83

2,730.69

GDEP Advance Quarterly Data
	May21	May22	Feb23	May23	Aug23	Nov23	Feb24
Total Assets	Get a 7-Day Free Trial			2,711.67	2,730.69	3,071.22	3,533.07	3,581.45

GDEP Advance 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.

GDEP Advance's Total Assets for the fiscal year that ended in May. 2023 is calculated as

Total Assets	=	Total Equity (A: May. 2023 )	+	Total Liabilities (A: May. 2023 )
	=	1522.71	+	1207.981
	=	2,731

GDEP Advance's Total Assets for the quarter that ended in Feb. 2024 is calculated as

Total Assets	=	Total Equity (Q: Feb. 2024 )	+	Total Liabilities (Q: Feb. 2024 )
	=	2264.341	+	1317.107
	=	3,581

GDEP Advance (TSE:5885) Total Assets Explanation

Total Assets is connected with ROA %.

GDEP Advance's annualized ROA % for the quarter that ended in Feb. 2024 is

ROA %	=	Net Income (Q: Feb. 2024 )	/	( (Total Assets (Q: Nov. 2023 )	+	Total Assets (Q: Feb. 2024 ))	/ count )
	=	568.204	/	( (3533.072	+	3581.448)	/ 2 )
	=	568.204	/	3557.26
	=	15.97 %

Note: The Net Income data used here is four times the quarterly (Feb. 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.

GDEP Advance's Asset Turnover for the quarter that ended in Feb. 2024 is

	Asset Turnover
=	Revenue (Q: Feb. 2024 )	/	( (Total Assets (Q: Nov. 2023 )	+	Total Assets (Q: Feb. 2024 ))	/ count )
=	1372.827	/	( (3533.072	+	3581.448)	/ 2 )
=	1372.827	/	3557.26
=	0.39

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.

GDEP Advance Total Assets Related Terms

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GDEP Advance (TSE:5885) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » GDEP Advance Inc (TSE:5885) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-4-33 Kokubuncho, 8th floor, Sendai Jozenji Building, Aoba-ku, Sendai, JPN, 980-0803

Website

https://info.gdep.co.jp

GDEP Advance Inc is engaged in the Sales Business of hardware and other products that enable advanced processing such as AI learning. The company's products include Graphic boards, Computing boards, FPGA boards, Deep learning boxes, fsv-rm1u4b, and others.

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