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Sumitomo Electric Industries (Sumitomo Electric Industries) Scaled Net Operating Assets : 0.69 (As of Dec. 2023)


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What is Sumitomo Electric Industries 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.

Sumitomo Electric Industries's operating assets for the quarter that ended in Dec. 2023 was $27,175 Mil. Sumitomo Electric Industries's operating liabilities for the quarter that ended in Dec. 2023 was $7,717 Mil. Sumitomo Electric Industries's Total Assets for the quarter that ended in Sep. 2023 was $28,126 Mil. Therefore, Sumitomo Electric Industries's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.69.


Sumitomo Electric Industries Scaled Net Operating Assets Historical Data

The historical data trend for Sumitomo Electric Industries'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.

Sumitomo Electric Industries Scaled Net Operating Assets Chart

Sumitomo Electric Industries 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 0.68 0.72 0.74 0.72 0.65

Sumitomo Electric Industries 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 0.72 0.71 0.66 0.65 0.69

Competitive Comparison of Sumitomo Electric Industries's Scaled Net Operating Assets

For the Auto Parts subindustry, Sumitomo Electric Industries'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.


Sumitomo Electric Industries's Scaled Net Operating Assets Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Sumitomo Electric Industries's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Sumitomo Electric Industries's Scaled Net Operating Assets falls into.



Sumitomo Electric Industries 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.

Sumitomo Electric Industries'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 )
=(27902.611-7167.104)/32108.901
=0.65

where

Operating Assets(A: Mar. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=30023.035 - 2120.424
=27902.611

Operating Liabilities(A: Mar. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=14231.092 - 2513.506 - 4550.482
=7167.104

Sumitomo Electric Industries'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 )
=(27174.575-7717.457)/28125.963
=0.69

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=29316.857 - 2142.282
=27174.575

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=13731.549 - 2429.673 - 3584.419
=7717.457

* 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.


Sumitomo Electric Industries Scaled Net Operating Assets Related Terms

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Sumitomo Electric Industries (Sumitomo Electric Industries) Business Description

Traded in Other Exchanges
Address
4-5-33, Kitahama, Chuo-ku, Osaka, JPN, 541-0041
Sumitomo Electric Industries Ltd manufactures and sells electric wires and cables, and other products. The company is engaged in diversified business activities supporting people's daily lives and industry through five business segments: Automotive, Infocommunications, Electronics, Environment and Energy, and Industrial Materials and Others. The Automobile-related segment offers wire harnesses, rubber cushions, hoses for automobiles, automobile electrical parts and others. Sumitomo's Information Communications-related segment offers fiber-optic cables, electrical cables and equipment for communications use, optical communications-related parts and others. It derives most of the revenue from Japan.

Sumitomo Electric Industries (Sumitomo Electric Industries) Headlines

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