GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Arnest One Corporation (TSE:8895) » Definitions » Total Assets

Arnest One (TSE:8895) Total Assets : 円118,517 Mil (As of Dec. 2013)


View and export this data going back to . Start your Free Trial

What is Arnest One Total Assets?

Arnest One's Total Assets for the quarter that ended in Dec. 2013 was 円118,517 Mil.

During the past 12 months, Arnest One's average Total Assets Growth Rate was -2.30% per year.

Total Assets is connected with ROA %. Arnest One's annualized ROA % for the quarter that ended in Dec. 2013 was 10.84%. Total Assets is also linked to Revenue through Asset Turnover. Arnest One's Asset Turnover for the quarter that ended in Dec. 2013 was 0.49.


Arnest One Total Assets Historical Data

The historical data trend for Arnest One'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.

Arnest One Total Assets Chart

Arnest One Annual Data
Trend Mar05 Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13
Total Assets
Get a 7-Day Free Trial Premium Member Only 59,075.00 61,537.00 80,333.00 89,885.00 100,421.00

Arnest One Quarterly Data
Mar05 Mar06 Mar07 Mar08 Mar10 Mar11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13
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 - 100,421.00 105,835.00 112,686.00 118,517.00

Arnest One 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.

Arnest One's Total Assets for the fiscal year that ended in Mar. 2013 is calculated as

Total Assets=Total Equity (A: Mar. 2013 )+Total Liabilities (A: Mar. 2013 )
=69745+30676
=100,421

Arnest One's Total Assets for the quarter that ended in Dec. 2013 is calculated as

Total Assets=Total Equity (Q: Dec. 2013 )+Total Liabilities (Q: Dec. 2013 )
=74195+44322
=118,517

* 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.


Arnest One  (TSE:8895) Total Assets Explanation

Total Assets is connected with ROA %.

Arnest One's annualized ROA % for the quarter that ended in Dec. 2013 is

ROA %=Net Income (Q: Dec. 2013 )/( (Total Assets (Q: Sep. 2013 )+Total Assets (Q: Dec. 2013 ))/ count )
=12532/( (112686+118517)/ 2 )
=12532/115601.5
=10.84 %

Note: The Net Income data used here is four times the quarterly (Dec. 2013) 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.

Arnest One's Asset Turnover for the quarter that ended in Dec. 2013 is

Asset Turnover
=Revenue (Q: Dec. 2013 )/( (Total Assets (Q: Sep. 2013 )+Total Assets (Q: Dec. 2013 ))/ count )
=56088/( (112686+118517)/ 2 )
=56088/115601.5
=0.49

* 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.

Arnest One Total Assets Related Terms

Thank you for viewing the detailed overview of Arnest One's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Arnest One (TSE:8895) Business Description

Traded in Other Exchanges
N/A
Address
3-2-22 Kitahara-cho, Nishi-tokyo-shi, Tokyo, JPN, 188-0003
Arnest One Corp is a Japanese company mainly engaged in subdividing and selling single-family home and condominiums. The company also provides construction works as a contractor. Its business is classified into three groups, Single-Family Homes, Condominiums and other related business.

Arnest One (TSE:8895) Headlines

No Headlines