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Hikari Tsushin (Hikari Tsushin) Scaled Net Operating Assets : 0.57 (As of Dec. 2023)


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What is Hikari Tsushin 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.

Hikari Tsushin's operating assets for the quarter that ended in Dec. 2023 was $9,641 Mil. Hikari Tsushin's operating liabilities for the quarter that ended in Dec. 2023 was $2,670 Mil. Hikari Tsushin's Total Assets for the quarter that ended in Sep. 2023 was $12,331 Mil. Therefore, Hikari Tsushin's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.57.


Hikari Tsushin Scaled Net Operating Assets Historical Data

The historical data trend for Hikari Tsushin'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.

Hikari Tsushin Scaled Net Operating Assets Chart

Hikari Tsushin 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 0.56 0.56 0.63 0.56 0.56

Hikari Tsushin 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 0.59 0.57 0.53 0.51 0.57

Competitive Comparison of Hikari Tsushin's Scaled Net Operating Assets

For the Conglomerates subindustry, Hikari Tsushin'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.


Hikari Tsushin's Scaled Net Operating Assets Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Hikari Tsushin's Scaled Net Operating Assets distribution charts can be found below:

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



Hikari Tsushin 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.

Hikari Tsushin'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 )
=(9594.006-2782.067)/12239.347
=0.56

where

Operating Assets(A: Mar. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=12658.197 - 3064.191
=9594.006

Operating Liabilities(A: Mar. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=8181.975 - 4326.989 - 1072.919
=2782.067

Hikari Tsushin'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 )
=(9641.142-2669.794)/12330.874
=0.57

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=13172.255 - 3531.113
=9641.142

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=8246.337 - 4331.654 - 1244.889
=2669.794

* 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.


Hikari Tsushin Scaled Net Operating Assets Related Terms

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Hikari Tsushin (Hikari Tsushin) Business Description

Traded in Other Exchanges
Address
Hikari West Gate Building, 1-4-10, Nishi Ikebukuro, Toshima-ku, Tokyo, JPN, 171-0021
Hikari Tsushin Inc is a Japanese company that provides services such networking and automation products offers individual insurance plans for small and medium-size enterprises. The company has three reporting segments: corporate, shop and insurance. The corporate segment offers products such as Wi-Fi routers, SIM cards, water coolers and LED lighting. Revenue is evenly split between the corporate and shop segments with insurance adding a small portion. The company earns the vast majority of its revenue in Japan.

Hikari Tsushin (Hikari Tsushin) Headlines

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