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GFA Co (TSE:8783) Total Assets : 円4,515 Mil (As of Dec. 2023)


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What is GFA Co Total Assets?

GFA Co's Total Assets for the quarter that ended in Dec. 2023 was 円4,515 Mil.

During the past 12 months, GFA Co's average Total Assets Growth Rate was -7.90% per year. During the past 3 years, the average Total Assets Growth Rate was 18.40% per year. During the past 5 years, the average Total Assets Growth Rate was 0.30% per year. During the past 10 years, the average Total Assets Growth Rate was 25.50% per year.

During the past 13 years, GFA Co's highest 3-Year average Total Assets Growth Rate was 88.80%. The lowest was -35.20%. And the median was 18.40%.

Total Assets is connected with ROA %. GFA Co's annualized ROA % for the quarter that ended in Dec. 2023 was -21.42%. Total Assets is also linked to Revenue through Asset Turnover. GFA Co's Asset Turnover for the quarter that ended in Dec. 2023 was 0.22.


GFA Co Total Assets Historical Data

The historical data trend for GFA 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.

* Premium members only.

GFA Co Total Assets Chart

GFA Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,760.31 3,448.79 1,460.96 1,482.01 5,683.02

GFA Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 4,831.35 5,683.02 5,306.59 5,397.53 4,514.74

GFA Co 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.

GFA Co's Total Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Assets=Total Equity (A: Mar. 2023 )+Total Liabilities (A: Mar. 2023 )
=1313.691+4369.327
=5,683

GFA Co'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 )
=117.977+4396.763
=4,515

* 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.


GFA Co  (TSE:8783) Total Assets Explanation

Total Assets is connected with ROA %.

GFA Co'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 )
=-1061.696/( (5397.527+4514.74)/ 2 )
=-1061.696/4956.1335
=-21.42 %

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.

GFA Co'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 )
=1067.053/( (5397.527+4514.74)/ 2 )
=1067.053/4956.1335
=0.22

* 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.

GFA Co Total Assets Related Terms

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GFA Co (TSE:8783) Business Description

Traded in Other Exchanges
N/A
Address
Wing Aoyama BIZ + 2-15, Minami Aoyama Minato-ku, Tokyo, JPN, 107-0062
GFA Co Ltd is a Japanese company that operates as an asset management company. The business of the company includes financial advisory services, real estate investment and loan business, and other investment and financing business.

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