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TONE Co (TSE:5967) Scaled Net Operating Assets : 0.85 (As of May. 2024)


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What is TONE 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.

TONE Co's operating assets for the quarter that ended in May. 2024 was 円12,625 Mil. TONE Co's operating liabilities for the quarter that ended in May. 2024 was 円1,995 Mil. TONE Co's Total Assets for the quarter that ended in Feb. 2024 was 円12,540 Mil. Therefore, TONE Co's scaled net operating assets (SNOA) for the quarter that ended in May. 2024 was 0.85.


TONE Co Scaled Net Operating Assets Historical Data

The historical data trend for TONE 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.

TONE Co Scaled Net Operating Assets Chart

TONE Co Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.73 0.72 0.73 0.79 0.94

TONE Co Quarterly Data
Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24
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 0.76 0.76 0.86 0.86 0.85

Competitive Comparison of TONE Co's Scaled Net Operating Assets

For the Tools & Accessories subindustry, TONE 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.


TONE Co's Scaled Net Operating Assets Distribution in the Industrial Products Industry

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

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



TONE 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.

TONE Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in May. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: May. 2024 )
=(Operating Assets (A: May. 2024 )-Operating Liabilities (A: May. 2024 ))/Total Assets (A: May. 2023 )
=(12625.153-1994.953)/11345.06
=0.94

where

Operating Assets(A: May. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=14873.667 - 2248.514
=12625.153

Operating Liabilities(A: May. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4203.263 - 1803.938 - 404.372
=1994.953

TONE Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in May. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: May. 2024 )
=(Operating Assets (Q: May. 2024 )-Operating Liabilities (Q: May. 2024 ))/Total Assets (Q: Feb. 2024 )
=(12625.153-1994.953)/12539.713
=0.85

where

Operating Assets(Q: May. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=14873.667 - 2248.514
=12625.153

Operating Liabilities(Q: May. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4203.263 - 1803.938 - 404.372
=1994.953

* 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.


TONE Co Scaled Net Operating Assets Related Terms

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TONE Co Business Description

Traded in Other Exchanges
N/A
Address
1-57, Minatomachi 2-Chome, Naniwa-Ku, Osaka, JPN, 556-0017
TONE Co Ltd is engaged in the manufacture of work tool for the professional automotive machine direction, and industrial construction and civil engineering development, manufacturing and sales of power tools and torque management devices.

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