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Minebea Mitsumi (Minebea Mitsumi) Scaled Net Operating Assets : 0.66 (As of Dec. 2023)


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What is Minebea Mitsumi Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Minebea Mitsumi's operating assets for the quarter that ended in Dec. 2023 was $8,691 Mil. Minebea Mitsumi's operating liabilities for the quarter that ended in Dec. 2023 was $2,365 Mil. Minebea Mitsumi's Total Assets for the quarter that ended in Sep. 2023 was $9,624 Mil. Therefore, Minebea Mitsumi's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.66.


Minebea Mitsumi Scaled Net Operating Assets Historical Data

The historical data trend for Minebea Mitsumi's Scaled Net Operating 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.

Minebea Mitsumi Scaled Net Operating Assets Chart

Minebea Mitsumi Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.58 0.66 0.62 0.59 0.68

Minebea Mitsumi Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Scaled Net Operating 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 0.67 0.67 0.62 0.65 0.66

Competitive Comparison of Minebea Mitsumi's Scaled Net Operating Assets

For the Electronic Components subindustry, Minebea Mitsumi's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Minebea Mitsumi's Scaled Net Operating Assets Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Minebea Mitsumi's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Minebea Mitsumi's Scaled Net Operating Assets falls into.



Minebea Mitsumi Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Minebea Mitsumi's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2023 )
=(Operating Assets (A: Mar. 2023 )-Operating Liabilities (A: Mar. 2023 ))/Total Assets (A: Mar. 2022 )
=(8591.284-2291.763)/9311.994
=0.68

where

Operating Assets(A: Mar. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=9755.537 - 1164.253
=8591.284

Operating Liabilities(A: Mar. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4942.666 - 1281.472 - 1369.431
=2291.763

Minebea Mitsumi's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2023 )
=(Operating Assets (Q: Dec. 2023 )-Operating Liabilities (Q: Dec. 2023 ))/Total Assets (Q: Sep. 2023 )
=(8691.228-2364.81)/9623.518
=0.66

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=9741.432 - 1050.204
=8691.228

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5030.757 - 1514.285 - 1151.662
=2364.81

* 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.


Minebea Mitsumi Scaled Net Operating Assets Related Terms

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Minebea Mitsumi (Minebea Mitsumi) Business Description

Traded in Other Exchanges
Address
3-9-6, Mita, Minato-ku, Tokyo, JPN, 108-8330
Minebea Mitsumi Inc is an electronic components company. Its operating segments are Machined components, Electronic devices and components and MITSUMI business. The machined components segment manufactures mechanical parts including ball bearings, rod-end bearings, pivot assemblies for hard disk drive (HDD), and screws for automobiles and aircrafts. The electronic devices and components segment manufactures electronic devices (such as LED backlights and sensing devices), HDD spindle motors, stepping motors, DC motors, air movers (fan motors), precision motors and specialized devices. And The MITSUMI business segment manufactures semiconductor devices, optical devices, mechanical parts, high-frequency components, and power supply parts.

Minebea Mitsumi (Minebea Mitsumi) Headlines

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