Futaba (TSE:6986) Total Assets : 円96,784 Mil (As of Dec. 2023)

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What is Futaba Total Assets?

Futaba's Total Assets for the quarter that ended in Dec. 2023 was 円96,784 Mil.

During the past 12 months, Futaba's average Total Assets Growth Rate was 4.30% per year. During the past 3 years, the average Total Assets Growth Rate was 9.40% per year. During the past 5 years, the average Total Assets Growth Rate was 4.10% per year. During the past 10 years, the average Total Assets Growth Rate was -3.30% per year.

During the past 13 years, Futaba's highest 3-Year average Total Assets Growth Rate was 10.80%. The lowest was -14.70%. And the median was -3.60%.

Total Assets is connected with ROA %. Futaba's annualized ROA % for the quarter that ended in Dec. 2023 was -1.53%. Total Assets is also linked to Revenue through Asset Turnover. Futaba's Asset Turnover for the quarter that ended in Dec. 2023 was 0.13.

Futaba Total Assets Historical Data

The historical data trend for Futaba'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.

Futaba Total Assets Chart

Futaba Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Assets

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98,037.00

100,206.00

100,435.00

98,118.00

104,263.00

Futaba 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															98,118.00	100,569.00	101,534.00	96,784.00	104,263.00

Futaba 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.

Futaba'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 )
	=	90527	+	13736
	=	104,263

Futaba'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 )
	=	84502	+	12282
	=	96,784

Futaba (TSE:6986) Total Assets Explanation

Total Assets is connected with ROA %.

Futaba'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 )
	=	-1516	/	( (101534	+	96784)	/ 2 )
	=	-1516	/	99159
	=	-1.53 %

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.

Futaba'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 )
=	13190	/	( (101534	+	96784)	/ 2 )
=	13190	/	99159
=	0.13

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.

Futaba Total Assets Related Terms

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Futaba (TSE:6986) Business Description

Industry

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Comparable Companies

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N/A

Address

629 Oshiba, Chiba Prefecture, Mobara, JPN, 297-8588

Website

http://www.futaba.co.jp

Futaba Corp manufactures and sells vacuum fluorescent display for home, automotive and industrial applications mainly in Asia and rests from Japan, America, and Europe. The company operates in two business segments. The Electronic Devices segment which consists of Vaccum Fluorescent Displays(VFDs), VFD modules, Organic Light- Emitting Diode(OLEDs) and touch panels. The Machinery and Tooling segment which consists of the press die set components, mold-base components, precision plates and equipment for automation.

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