Kyokuto Securities Co's Total Assets for the quarter that ended in Dec. 2023 was 円77,494 Mil.
During the past 12 months, Kyokuto Securities Co's average Total Assets Growth Rate was 29.60% per year.
During the past 3 years, the average Total Assets Growth Rate was 1.90% per year.
During the past 5 years, the average Total Assets Growth Rate was -5.10% per year.
During the past 10 years, the average Total Assets Growth Rate was -6.70% per year.
During the past 13 years, Kyokuto Securities Co's highest 3-Year average Total Assets Growth Rate was 26.10%. The lowest was -16.80%. And the median was -6.90%.
Kyokuto Securities Co Total Assets Historical Data
The historical data trend for Kyokuto Securities 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.
Kyokuto Securities Co'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.
Kyokuto Securities Co (TSE:8706) 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.
Kyokuto Securities 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.
Kyokuto Securities Co Total Assets Related Terms
Thank you for viewing the detailed overview of Kyokuto Securities Co's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Kyokuto Securities Co (TSE:8706) Business Description
Kyokuto Securities Co Ltd is a financial services company whose activities include dealing, brokerage, underwriting, and distribution of securities. It operates its investment and financial service business in four segments Financial Products Trading Business, Real Estate Business, Investment Business and Research and Study Business. The company earns the majority of its revenue from mainly from securities business including, among other things, agency or principal trading in securities, underwriting, offering and selling of securities and provision of other securities-related services, through which the company offers a range of financial and other related services.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
TSE:8706 has been successfully added to your 