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Iwatani (TSE:8088) Total Assets : 円800,405 Mil (As of Dec. 2023)


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What is Iwatani Total Assets?

Iwatani's Total Assets for the quarter that ended in Dec. 2023 was 円800,405 Mil.

Warning Sign:

If a company builds assets at 12.6% 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, Iwatani's average Total Assets Growth Rate was 28.60% per year. During the past 3 years, the average Total Assets Growth Rate was 19.10% per year. During the past 5 years, the average Total Assets Growth Rate was 12.60% per year. During the past 10 years, the average Total Assets Growth Rate was 6.30% per year.

During the past 13 years, Iwatani's highest 3-Year average Total Assets Growth Rate was 19.10%. The lowest was -4.00%. And the median was 2.40%.

Total Assets is connected with ROA %. Iwatani's annualized ROA % for the quarter that ended in Dec. 2023 was 6.59%. Total Assets is also linked to Revenue through Asset Turnover. Iwatani's Asset Turnover for the quarter that ended in Dec. 2023 was 0.30.


Iwatani Total Assets Historical Data

The historical data trend for Iwatani'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.

Iwatani Total Assets Chart

Iwatani Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 469,715.00 512,015.00 558,479.00 656,003.00 834,391.00

Iwatani 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 656,003.00 654,672.00 670,143.00 800,405.00 834,391.00

Iwatani 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.

Iwatani'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 )
=372927+461464
=834,391

Iwatani'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 )
=339356+461049
=800,405

* 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.


Iwatani  (TSE:8088) Total Assets Explanation

Total Assets is connected with ROA %.

Iwatani'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 )
=48428/( (670143+800405)/ 2 )
=48428/735274
=6.59 %

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.

Iwatani'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 )
=223302/( (670143+800405)/ 2 )
=223302/735274
=0.30

* 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.

Iwatani Total Assets Related Terms

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Iwatani (TSE:8088) Business Description

Traded in Other Exchanges
Address
6-4, Hommachi 3-chome, Chuo-ku, Osaka, JPN, 541-0053
Iwatani Corp is a Japanese conglomerate involved in a variety of energy, industrial, and food services activities. Iwatani segments its operations into Energy, Industrial Gases and Machinery, Materials, and Agri-bio and Foods businesses. The company derives the majority of its revenue from its Energy division. In this unit, Iwatani supplies LPG and petroleum products for household, commercial, and industrial use. The company's Industrial Gases & Machinery and Materials divisions are also responsible for significant income streams. These segments supply high-pressure gases, such as hydrogen and nitrogen, and rare earth metals used in the manufacturing of technology products, respectively. The vast majority of Iwatani's revenue comes from its operations in Japan.

Iwatani (TSE:8088) Headlines

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