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The 77 Bank (TSE:8341) Scaled Net Operating Assets : 0.01 (As of Dec. 2023)


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What is The 77 Bank 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.

The 77 Bank's operating assets for the quarter that ended in Dec. 2023 was 円9,176,329 Mil. The 77 Bank's operating liabilities for the quarter that ended in Dec. 2023 was 円9,072,666 Mil. The 77 Bank's Total Assets for the quarter that ended in Sep. 2023 was 円10,184,865 Mil. Therefore, The 77 Bank's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.01.


The 77 Bank 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.

The 77 Bank'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 )
=(9212105-9090696)/10200848
=0.01

where

Operating Assets(A: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=10501098 - 1288993
=9212105

Operating Liabilities(A: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=9899399 - 808703 - 0
=9090696

The 77 Bank'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 )
=(9176329-9072666)/10184865
=0.01

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=10256758 - 1080429
=9176329

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=9704196 - 631530 - 0
=9072666

* 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.


The 77 Bank Scaled Net Operating Assets Related Terms

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The 77 Bank (TSE:8341) Business Description

Industry
Traded in Other Exchanges
N/A
Address
3-20, Chuo 3-chome, Aoba-ku, Miyagi, Sendai, JPN, 980-8777
The 77 Bank Ltd operates mostly in the Miyagi prefecture of Japan, which is in the southeast Tohoku region of the island of Honshu, and the bank's strategy emphasizes the prefecture's link between Tohoku and Tokyo. The bank is a group that engages in leasing, credit card, and other financial services in addition to the banking business. Most of the bank's earning assets are almost entirely from loans and bills discounted and investment securities. As such, a majority of the bank's income comes from interest on loans and discounts, and interest and dividends on trading accounts and investment securities.