Mitsubishi Estate Co (Mitsubishi Estate Co) Scaled Net Operating Assets : 0.64 (As of Dec. 2023)

View and export this data going back to . Start your Free Trial

What is Mitsubishi Estate Co 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.

Mitsubishi Estate Co's operating assets for the quarter that ended in Dec. 2023 was $43,687 Mil. Mitsubishi Estate Co's operating liabilities for the quarter that ended in Dec. 2023 was $11,908 Mil. Mitsubishi Estate Co's Total Assets for the quarter that ended in Sep. 2023 was $49,872 Mil. Therefore, Mitsubishi Estate Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.64.

Mitsubishi Estate Co Scaled Net Operating Assets Historical Data

The historical data trend for Mitsubishi Estate Co'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.

Mitsubishi Estate Co Scaled Net Operating Assets Chart

Mitsubishi Estate Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Scaled Net Operating Assets

Get a 7-Day Free Trial

0.61

0.66

0.62

0.59

Mitsubishi Estate Co 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															0.67	0.62	0.61	0.62	0.64

Competitive Comparison of Mitsubishi Estate Co's Scaled Net Operating Assets

For the Real Estate - Diversified subindustry, Mitsubishi Estate Co'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.

Mitsubishi Estate Co's Scaled Net Operating Assets Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Mitsubishi Estate Co's Scaled Net Operating Assets distribution charts can be found below:

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

Mitsubishi Estate Co 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.

Mitsubishi Estate Co'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 )
=	(44342.087	-	12133.494)	/	54765.217
=	0.59

where

	Operating Assets		(A: Mar. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	51412.075	-	7069.988
=	44342.087

	Operating Liabilities		(A: Mar. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	33606.737	-	18244.236	-	3229.007
=	12133.494

Mitsubishi Estate Co'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 )
=	(43686.598	-	11908.426)	/	49871.663
=	0.64

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	52473.88	-	8787.282
=	43686.598

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	35153.732	-	19038.106	-	4207.2
=	11908.426

Mitsubishi Estate Co Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of Mitsubishi Estate Co's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Mitsubishi Estate Co (Mitsubishi Estate Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Mitsubishi Estate Co Ltd (OTCPK:MITEY) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

MITEF:USA 8802:Japan

Address

Otemachi 1-chome, Otemachi Park Building, 1-1, Chiyoda-ku, Tokyo, JPN, 100-8133

Website

http://www.mec.co.jp

Mitsubishi Estate is one of the three big Japanese real estate companies. Around two thirds of its operating profit comes from leasing office space in Japan, where half of its portfolio is concentrated in the prime Marunouchi/Otemachi district between Tokyo station and the Imperial Palace. Mitsubishi Estate's predecessor originally bought this land from the government in 1890, and the company sees itself as steward of the showcase area's long-term development, rarely if ever selling any properties there.

Mitsubishi Estate Co (Mitsubishi Estate Co) Headlines

From GuruFocus

Value Investing Live Recap: Matthew McLennan

By Graham Griffin Graham Griffin • 01-20-2021

First Eagle Comments on Mitsubishi Estate

By Sydnee Gatewood • 07-27-2021