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Tochigi Bank (TSE:8550) Scaled Net Operating Assets : -0.13 (As of Sep. 2024)


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What is Tochigi Bank 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.

Tochigi Bank's operating assets for the quarter that ended in Sep. 2024 was 円2,733,409 Mil. Tochigi Bank's operating liabilities for the quarter that ended in Sep. 2024 was 円3,173,567 Mil. Tochigi Bank's Total Assets for the quarter that ended in Mar. 2024 was 円3,314,542 Mil. Therefore, Tochigi Bank's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was -0.13.

Tochigi Bank 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.

Tochigi Bank'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 )
=(2728836-3128657)/3279153
=-0.12

where

Operating Assets(A: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=3314542 - 585706
=2728836

Operating Liabilities(A: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3162782 - 34125 - 0
=3128657

Tochigi Bank'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 )
=(2733409-3173567)/3314542
=-0.13

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=3359570 - 626161
=2733409

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3207853 - 34286 - 0
=3173567

* 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.

Tochigi Bank Scaled Net Operating Assets Related Terms

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Tochigi Bank Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Tochigi Bank Ltd (TSE:8550) » Definitions » Scaled Net Operating Assets
Comparable Companies
TSE:8551 TSE:8713 TSE:8395 TSE:8558 TSE:8541 TSE:8362 TSE:8338 TSE:8343 TSE:8344 TSE:8399 NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 SGX:D05 XPAR:BNP MIL:ISP MIL:UCG NSE:SBIN TSE:8411
Traded in Other Exchanges
N/A
Address
2- 1-18, Nishi, Tochigi Prefecture, Utsunomiya, JPN, 320-8680
Website
https://www.tochigibank.co.jp
Tochigi Bank Ltd is a regional bank based in Tochigi. It provides commercial banking services such as deposit services, domestic and foreign exchange services, asset management plan service, mutual fund, money life support plan, brokerage agent intermediary service, life insurance, term insurance, housing loan, as well as the over-the-counter sale of insurance products. All the business activity of the group is primarily functioned through Japan.