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Bank of Iwate (TSE:8345) Scaled Net Operating Assets : -0.01 (As of Dec. 2023)


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What is Bank of Iwate 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.

Bank of Iwate's operating assets for the quarter that ended in Dec. 2023 was 円3,441,099 Mil. Bank of Iwate's operating liabilities for the quarter that ended in Dec. 2023 was 円3,461,695 Mil. Bank of Iwate's Total Assets for the quarter that ended in Sep. 2023 was 円3,802,044 Mil. Therefore, Bank of Iwate's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was -0.01.

Bank of Iwate 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.

Bank of Iwate'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 )
=(3173100-3462380)/3920260
=-0.07

where

Operating Assets(A: Mar. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=3820134 - 647034
=3173100

Operating Liabilities(A: Mar. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3634908 - 172528 - 0
=3462380

Bank of Iwate'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 )
=(3441099-3461695)/3802044
=-0.01

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=3799104 - 358005
=3441099

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3607642 - 145947 - 0
=3461695

* 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.

Bank of Iwate Scaled Net Operating Assets Related Terms

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Bank of Iwate (TSE:8345) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank of Iwate Ltd (TSE:8345) » Definitions » Scaled Net Operating Assets
Comparable Companies
TSE:8387 TSE:8392 TSE:8541 TSE:8393 TSE:7322 TSE:8399 TSE:7350 TSE:8337 TSE:7384 TSE:8362 CAR:BPV CAR:MVZ.A CAR:BNC NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 ISX:BBCA XPAR:BNP MIC:SBER
Traded in Other Exchanges
N/A
Address
2-3, Chuodori 1-chome, Iwate, Morioka, JPN, 020-8688
Website
http://www.iwatebank.co.jp
The Bank of Iwate is headquartered in Japan and provides financial services both in Japan and internationally. The company derives the majority of revenue providing deposit and lending services to customers. Customers include individuals, companies and governments. In addition to deposit and lending services, the company invests and trades in securities. The Bank of Iwate focuses operations in Iwate, and the Iwate Prefecture of Japan is a shareholder. The company earns the majority of revenue domestically.