Juroku Bank (NGO:8356) Scaled Net Operating Assets: -0.03 (As of Sep. 2021)


NGO:8356 Juroku Bank Ltd NGO:8356
12 GF Score
Price 円1,686.00
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What is Juroku Bank Scaled Net Operating Assets?

Juroku Bank NGO:8356 12 Scaled Net Operating Assets is -0.03 as of Sep. 2021. GuruFocus rates NGO:8356 with a GF Score™ of 12/100.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Juroku Bank's operating assets for the quarter that ended in Sep. 2021 was 円6,313,031 Mil. Juroku Bank's operating liabilities for the quarter that ended in Sep. 2021 was 円6,565,631 Mil. Juroku Bank's Total Assets for the quarter that ended in Jun. 2021 was 円7,524,411 Mil. Therefore, Juroku Bank's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2021 was -0.03.

NGO:8356
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Juroku Bank Ltd NGO:8356
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Juroku 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.

Juroku Bank's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2021 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2021 )
=(Operating Assets (A: Mar. 2021 )-Operating Liabilities (A: Mar. 2021 ))/Total Assets (A: Mar. 2020 )
=(6291360-6368217)/6472453
=-0.01

where

Operating Assets(A: Mar. 2021 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=7238375 - 947015
=6291360

Operating Liabilities(A: Mar. 2021 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6835368 - 467151 - 0
=6368217

Juroku Bank's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2021 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2021 )
=(Operating Assets (Q: Sep. 2021 )-Operating Liabilities (Q: Sep. 2021 ))/Total Assets (Q: Jun. 2021 )
=(6313031-6565631)/7524411
=-0.03

where

Operating Assets(Q: Sep. 2021 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=8444733 - 2131702
=6313031

Operating Liabilities(Q: Sep. 2021 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=8027525 - 1461894 - 0
=6565631

* 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.

What does a Scaled Net Operating Assets of -0.03 mean?
Juroku Bank (NGO:8356) has a Scaled Net Operating Assets of -0.03 as of Sep. 2021. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Juroku Bank and its competitors.
Is Juroku Bank's Scaled Net Operating Assets too high?
Juroku Bank's current Scaled Net Operating Assets is -0.03. Overall, Juroku Bank has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Juroku Bank's Scaled Net Operating Assets compare to USB and TFC?
Juroku Bank's Scaled Net Operating Assets of -0.03 can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Banks company?
A good Scaled Net Operating Assets depends on the Banks industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Juroku Bank and its competitors. Juroku Bank's current Scaled Net Operating Assets is -0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Juroku Bank stock overvalued right now?
Juroku Bank (NGO:8356) has a current Scaled Net Operating Assets of -0.03. The current Scaled Net Operating Assets is -0.03. Juroku Bank's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Juroku Bank (NGO:8356), the current Scaled Net Operating Assets is -0.03 as of Sep. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Juroku Bank Business Description

Address 8-26, Kandamachi, Gifu, JPN, 500-8516
Juroku Bank Ltd is a Japanese bank that focuses its operational efforts on the industrial center of the Chubu region of Japan, particularly the Gifu prefecture. Loans and bills discounted constitute a majority of the bank's earning assets. An overwhelming majority of its loan portfolio is related to loans on deeds. its deposit base is split nearly evenly between time deposits and ordinary deposits. Securities also constitute a sizable portion of earning assets, mostly related to national government bonds and other securities. Net interest income and income on lease transactions and installment receivables drive a majority of the bank's income generation.
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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円1,686.00
Price