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Fukushima Bank (TSE:8562) Scaled Net Operating Assets : -0.06 (As of Mar. 2024)


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What is Fukushima 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.

Fukushima Bank's operating assets for the quarter that ended in Mar. 2024 was 円749,844 Mil. Fukushima Bank's operating liabilities for the quarter that ended in Mar. 2024 was 円801,737 Mil. Fukushima Bank's Total Assets for the quarter that ended in Dec. 2023 was 円822,533 Mil. Therefore, Fukushima Bank's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was -0.06.

Fukushima 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.

Fukushima 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 )
=(749844-801737)/839877
=-0.06

where

Operating Assets(A: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=828952 - 79108
=749844

Operating Liabilities(A: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=803867 - 2130 - 0
=801737

Fukushima Bank'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 )
=(749844-801737)/822533
=-0.06

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=828952 - 79108
=749844

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=803867 - 2130 - 0
=801737

* 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.

Fukushima Bank Scaled Net Operating Assets Related Terms

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Fukushima Bank Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Fukushima Bank Ltd (TSE:8562) » Definitions » Scaled Net Operating Assets
Comparable Companies
FSE:8540 FSE:8560 FSE:8398 FSE:8554 TSE:7161 TSE:8365 TSE:8563 TSE:8416 TSE:7150 TSE:8349 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
2-5 Bansei-cho, Fukushima, JPN, 960-8625
Website
http://www.fukushimabank.co.jp
Fukushima Bank Ltd is a Japan-based company engaged in providing banking and financial services. It provides general banking services like accepting deposits and granting loans. It is also involved in the leasing business.