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Nichia Steel Works (TSE:5658) Scaled Net Operating Assets : 0.66 (As of Dec. 2023)


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What is Nichia Steel Works 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.

Nichia Steel Works's operating assets for the quarter that ended in Dec. 2023 was 円60,927 Mil. Nichia Steel Works's operating liabilities for the quarter that ended in Dec. 2023 was 円13,550 Mil. Nichia Steel Works's Total Assets for the quarter that ended in Sep. 2023 was 円71,628 Mil. Therefore, Nichia Steel Works's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.66.


Nichia Steel Works Scaled Net Operating Assets Historical Data

The historical data trend for Nichia Steel Works'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.

Nichia Steel Works Scaled Net Operating Assets Chart

Nichia Steel Works Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.63 0.62 0.61 0.62 0.65

Nichia Steel Works 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 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 0.65 0.64 0.64 0.66 0.66

Competitive Comparison of Nichia Steel Works's Scaled Net Operating Assets

For the Tools & Accessories subindustry, Nichia Steel Works'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.


Nichia Steel Works's Scaled Net Operating Assets Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nichia Steel Works's Scaled Net Operating Assets distribution charts can be found below:

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



Nichia Steel Works 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.

Nichia Steel Works'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 )
=(58045.515-13082.072)/69225.291
=0.65

where

Operating Assets(A: Mar. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=70633.709 - 12588.194
=58045.515

Operating Liabilities(A: Mar. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=19014.472 - 3120 - 2812.4
=13082.072

Nichia Steel Works'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 )
=(60926.768-13550.386)/71628.192
=0.66

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=71906.981 - 10980.213
=60926.768

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=18137.536 - 2537.15 - 2050
=13550.386

* 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.


Nichia Steel Works Scaled Net Operating Assets Related Terms

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Nichia Steel Works (TSE:5658) Business Description

Traded in Other Exchanges
N/A
Address
6-74 Doui, Hyogo, Amagasaki, JPN, 660-0083
Nichia Steel Works Ltd is a manufacturer of steel wire products, fasteners and related products. The products are used in various fields such as construction and civil infrastructure. It offers low carbon steel wire products, hard drawn steel wire products, fasteners & special products and other special finished products.

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