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Nippon Souken Co (TSE:5840) Scaled Net Operating Assets : 0.19 (As of Nov. 2023)


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What is Nippon Souken 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.

Nippon Souken Co's operating assets for the quarter that ended in Nov. 2023 was 円199.2 Mil. Nippon Souken Co's operating liabilities for the quarter that ended in Nov. 2023 was 円129.3 Mil. Nippon Souken Co's Total Assets for the quarter that ended in Nov. 2022 was 円368.4 Mil. Therefore, Nippon Souken Co's scaled net operating assets (SNOA) for the quarter that ended in Nov. 2023 was 0.19.


Nippon Souken 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.

Nippon Souken Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Nov. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Nov. 2023 )
=(Operating Assets (A: Nov. 2023 )-Operating Liabilities (A: Nov. 2023 ))/Total Assets (A: Nov. 2022 )
=(199.228-129.345)/368.417
=0.19

where

Operating Assets(A: Nov. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=348.58 - 149.352
=199.228

Operating Liabilities(A: Nov. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=280.326 - 120.375 - 30.606
=129.345

Nippon Souken Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Nov. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Nov. 2023 )
=(Operating Assets (Q: Nov. 2023 )-Operating Liabilities (Q: Nov. 2023 ))/Total Assets (Q: Nov. 2022 )
=(199.228-129.345)/368.417
=0.19

where

Operating Assets(Q: Nov. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=348.58 - 149.352
=199.228

Operating Liabilities(Q: Nov. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=280.326 - 120.375 - 30.606
=129.345

* 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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Nippon Souken Co Business Description

Traded in Other Exchanges
N/A
Address
2-1 Sunport, Takamatsu Symbol Tower 9th floor, Kagawa Prefecture, Takamatsu, JPN, 760-0019
Nippon Souken Co Ltd is an insurance broker authorized by the Financial Services Agency to specialize in risk and insurance. The company provides a one-stop solution to the problems faced by insurance representatives.