ZENKOKU HOSHO Co's Total Assets for the quarter that ended in Dec. 2023 was 円448,169 Mil.
Warning Sign:
If a company builds assets at 17.6% a year, faster than its revenue growth rate of 3.6% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, ZENKOKU HOSHO Co's average Total Assets Growth Rate was 21.40% per year.
During the past 3 years, the average Total Assets Growth Rate was 16.00% per year.
During the past 5 years, the average Total Assets Growth Rate was 17.60% per year.
During the past 10 years, the average Total Assets Growth Rate was 17.40% per year.
During the past 13 years, ZENKOKU HOSHO Co's highest 3-Year average Total Assets Growth Rate was 27.00%. The lowest was 4.40%. And the median was 15.60%.
The historical data trend for ZENKOKU HOSHO Co'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.
ZENKOKU HOSHO Co's Total Assets for the fiscal year that ended in Mar. 2024 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.
ZENKOKU HOSHO Co (TSE:7164) Total Assets Explanation
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.
ZENKOKU HOSHO Co's Asset Turnover for the quarter that ended in Dec. 2023 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.
ZENKOKU HOSHO Co Total Assets Related Terms
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ZENKOKU HOSHO Co Ltd primarily operates a credit guarantee business. The company's current strategy emphasizes its core housing loan guarantee business by expanding its scale through strategic alliances and streamlining of operations. Its housing loan guarantee products include housing acquisition funds, refinancing funds, and renovation funds, among others. Zenkoku Hosho also provides education loan guarantees products, which deal with term loans and overdrafts. Its apartment loan guarantee products guarantee the borrowings of construction costs for rental housing. The company also is seeking to diversify into other synergistic lines of business through mergers and acquisitions.
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