Hirose Tusyo's Total Assets for the quarter that ended in Dec. 2023 was 円113,557 Mil.
Warning Sign:
If a company builds assets at 7.1% a year, faster than its revenue growth rate of 5.3% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Hirose Tusyo's average Total Assets Growth Rate was 11.60% per year.
During the past 3 years, the average Total Assets Growth Rate was 6.60% per year.
During the past 5 years, the average Total Assets Growth Rate was 7.10% per year.
During the past 9 years, Hirose Tusyo's highest 3-Year average Total Assets Growth Rate was 24.80%. The lowest was 4.40%. And the median was 11.25%.
The historical data trend for Hirose Tusyo'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.
Hirose Tusyo's Total Assets for the fiscal year that ended in Mar. 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 (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.
Hirose Tusyo'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.
Hirose Tusyo Total Assets Related Terms
Thank you for viewing the detailed overview of Hirose Tusyo's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Hirose Tusyo Inc provides foreign exchange margin transactions services. The company mainly provides the services through the internet. Hirose Tsusyo also provides foreign exchange related information or systems to the customers. The company is mainly engaged in foreign exchange margin trading business, which provides investors with foreign exchange margin trading and binary options trading through the Internet; provision of trading systems for group companies; provision of white label services for financial instruments traders, over-the-counter derivative transactions or the intermediary, brokerage business, foreign exchange market derivative transactions, currency trading, commodity futures trading, and foreign exchange transactions.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
TSE:7185 has been successfully added to your 