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Union Tool Co (TSE:6278) Scaled Net Operating Assets : 0.67 (As of Mar. 2024)


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What is Union Tool 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.

Union Tool Co's operating assets for the quarter that ended in Mar. 2024 was 円51,637 Mil. Union Tool Co's operating liabilities for the quarter that ended in Mar. 2024 was 円4,170 Mil. Union Tool Co's Total Assets for the quarter that ended in Dec. 2023 was 円70,605 Mil. Therefore, Union Tool Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.67.


Union Tool Co Scaled Net Operating Assets Historical Data

The historical data trend for Union Tool 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.

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Union Tool Co Scaled Net Operating Assets Chart

Union Tool Co Annual Data
Trend Nov14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.73 0.67 0.72 0.66 0.68

Union Tool Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.63 0.66 0.66 0.67 0.67

Competitive Comparison of Union Tool Co's Scaled Net Operating Assets

For the Tools & Accessories subindustry, Union Tool 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.


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

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

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



Union Tool 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.

Union Tool Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(50534-3328)/69135
=0.68

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=70605 - 20071
=50534

Union Tool Co'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 )
=(51637-4170)/70605
=0.67

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=73261 - 21624
=51637

* 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.


Union Tool Co Scaled Net Operating Assets Related Terms

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Union Tool Co (TSE:6278) Business Description

Traded in Other Exchanges
N/A
Address
Minamioi 6-17-1, Shinagawa-ku, Tokyo, JPN, 140-0013
Union Tools Co is a designer and manufacturer of industrial cutting tools to a broad sector of the global industry. The company's key product includes carbide drill used in the manufacture of Printed Circuit Boards, found in all modern electronics. It also manufactures precision machinery including linear motion guides, diesinking end-mills, and digital measuring equipment for industrial use. The company has operations in Japan, Asia, North America and Europe.

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