Bank of The RyukyusLtd (TSE:8399) Scaled Net Operating Assets : -0.03 (As of Sep. 2024)

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What is Bank of The RyukyusLtd 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 The RyukyusLtd's operating assets for the quarter that ended in Sep. 2024 was 円2,770,095 Mil. Bank of The RyukyusLtd's operating liabilities for the quarter that ended in Sep. 2024 was 円2,869,976 Mil. Bank of The RyukyusLtd's Total Assets for the quarter that ended in Mar. 2024 was 円3,067,017 Mil. Therefore, Bank of The RyukyusLtd's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was -0.03.

Bank of The RyukyusLtd 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 The RyukyusLtd's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Mar. 2024 )
=	(Operating Assets (A: Mar. 2024 )	-	Operating Liabilities (A: Mar. 2024 ))	/	Total Assets (A: Mar. 2023 )
=	(2725262	-	2905181)	/	3042523
=	-0.06

where

	Operating Assets		(A: Mar. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	3067017	-	341755
=	2725262

	Operating Liabilities		(A: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	2924452	-	19271	-	0
=	2905181

Bank of The RyukyusLtd's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Sep. 2024 )
=	(Operating Assets (Q: Sep. 2024 )	-	Operating Liabilities (Q: Sep. 2024 ))	/	Total Assets (Q: Mar. 2024 )
=	(2770095	-	2869976)	/	3067017
=	-0.03

where

	Operating Assets		(Q: Sep. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	3031908	-	261813
=	2770095

	Operating Liabilities		(Q: Sep. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	2888589	-	18613	-	0
=	2869976

* 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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Bank of The RyukyusLtd Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

2-1 Higashimachi, Okinawa, Naha Port Building, Naha, JPN, 900-0034

Website

http://www.ryugin.co.jp

Bank of The RyukyusLtd is a banking and financial services group operating primarily in the Okinawa Prefecture. It was founded during the post-World War II era by ordinance of the U.S. military government for purposes of restoring financial order and stabilizing the currency given the region's importance. At present, it continues its regional strategic-orientation and provides a host of financial services to consumers and small to medium-size businesses in tourism-dependent Okinawa. These include general leasing, housing loans, debt guaranty, insurance, cash inspection and dispensing, credit cards and financing, clerical services, and surveys and research.