Towa Bank (TSE:8558) Scaled Net Operating Assets : 0.01 (As of Sep. 2024)

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What is Towa 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.

Towa Bank's operating assets for the quarter that ended in Sep. 2024 was 円2,227,355 Mil. Towa Bank's operating liabilities for the quarter that ended in Sep. 2024 was 円2,196,009 Mil. Towa Bank's Total Assets for the quarter that ended in Jun. 2024 was 円2,418,619 Mil. Therefore, Towa Bank's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.01.

Towa 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.

Towa 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 )
=	(2210168	-	2166659)	/	2390395
=	0.02

where

	Operating Assets		(A: Mar. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	2405654	-	195486
=	2210168

	Operating Liabilities		(A: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	2287049	-	120390	-	0
=	2166659

Towa 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: Jun. 2024 )
=	(2227355	-	2196009)	/	2418619
=	0.01

where

	Operating Assets		(Q: Sep. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	2411170	-	183815
=	2227355

	Operating Liabilities		(Q: Sep. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	2312199	-	116190	-	0
=	2196009

* 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.

Towa Bank Scaled Net Operating Assets Related Terms

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Towa Bank Business Description

Industry

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Traded in Other Exchanges

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Address

2-12-6 Hon-machi, Maebashi, JPN, 371-0023

Website

http://www.towabank.co.jp

Towa Bank Ltd is a regional bank that provides banking and financial services. Its banking services includes deposits, loans, and foreign exchange transaction.