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Piolax (TSE:5988) Scaled Net Operating Assets : 0.59 (As of Dec. 2023)


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What is Piolax 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.

Piolax's operating assets for the quarter that ended in Dec. 2023 was 円84,185 Mil. Piolax's operating liabilities for the quarter that ended in Dec. 2023 was 円13,886 Mil. Piolax's Total Assets for the quarter that ended in Sep. 2023 was 円119,988 Mil. Therefore, Piolax's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.59.


Piolax Scaled Net Operating Assets Historical Data

The historical data trend for Piolax'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.

Piolax Scaled Net Operating Assets Chart

Piolax Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.57 0.56 0.57 0.60 0.62

Piolax Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.56 0.57 0.59 0.59 0.58

Competitive Comparison of Piolax's Scaled Net Operating Assets

For the Auto Parts subindustry, Piolax'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.


Piolax's Scaled Net Operating Assets Distribution in the Vehicles & Parts Industry

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

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



Piolax 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.

Piolax's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2024 )
=(Operating Assets (A: Mar. 2024 )-Operating Liabilities (A: Mar. 2024 ))/Total Assets (A: Mar. 2023 )
=(84144-13184)/115458
=0.61

where

Operating Assets(A: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=121416 - 37272
=84144

Operating Liabilities(A: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=13475 - 91 - 200
=13184

Piolax'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 )
=(84185-13886)/119988
=0.59

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=122409 - 38224
=84185

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=13886 - 0 - 0
=13886

* 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.


Piolax Scaled Net Operating Assets Related Terms

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Piolax (TSE:5988) Business Description

Traded in Other Exchanges
N/A
Address
51 Iwai-chou Hotogaya-ku, Yokohama-shi, Kanagawa, JPN, 2400023
Piolax Inc is an automobile-related product producer. The company through its subsidiaries engages in two businesses automobile-related product and medical-related products in the US, UK, China, Thailand, and Indonesia. Its product portfolio includes coil springs, flat springs, wire forms, metal and plastic fasteners and unit assembly parts. It also produces equipment's to serve the medical industry which includes spiral catheter, and stent.

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