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Miyazaki Taiyo Bank (FSE:8560) Scaled Net Operating Assets : -0.03 (As of Mar. 2024)


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What is Miyazaki Taiyo 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.

Miyazaki Taiyo Bank's operating assets for the quarter that ended in Mar. 2024 was 円739,676 Mil. Miyazaki Taiyo Bank's operating liabilities for the quarter that ended in Mar. 2024 was 円760,491 Mil. Miyazaki Taiyo Bank's Total Assets for the quarter that ended in Dec. 2023 was 円806,360 Mil. Therefore, Miyazaki Taiyo Bank's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was -0.03.

Miyazaki Taiyo 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.

Miyazaki Taiyo 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 )
=(739676-760491)/811618
=-0.03

where

Operating Assets(A: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=807343 - 67667
=739676

Operating Liabilities(A: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=760503 - 12 - 0
=760491

Miyazaki Taiyo Bank's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2024 )
=(Operating Assets (Q: Mar. 2024 )-Operating Liabilities (Q: Mar. 2024 ))/Total Assets (Q: Dec. 2023 )
=(739676-760491)/806360
=-0.03

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=807343 - 67667
=739676

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=760503 - 12 - 0
=760491

* 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.

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Miyazaki Taiyo Bank Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Miyazaki Taiyo Bank Ltd (FSE:8560) » Definitions » Scaled Net Operating Assets
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FSE:8554 TSE:8562 TSE:7150 FSE:8540 FSE:8398 FSE:8559 TSE:7161 TSE:8365 TSE:8563 TSE:8416 CAR:BPV CAR:MVZ.A CAR:BNC NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 ISX:BBCA XPAR:BNP MIC:SBER
Traded in Other Exchanges
N/A
Address
Hiroshima 2-chome 1-31, Miyazaki Prefecture, Miyazaki, JPN, 880-8606
Website
http://www.taiyobank.co.jp
Miyazaki Taiyo Bank, Ltd. provides commercial banking services including deposits, loans, and foreign exchange transactions in Japan. It operates in three segments: Banking, Outsourcing, and Leasing and Assurance. The company accepts Yen and foreign currency deposits; and offers mutual funds, JGBs, insurance products, and debit cards. It also provides card, free, conclusion, car, education, housing, business support, business, partner, and agricultural equipment loans.