GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Tsubota Laboratory Inc (GREY:TSUBF) » Definitions » Scaled Net Operating Assets

Tsubota Laboratory (Tsubota Laboratory) Scaled Net Operating Assets : -0.15 (As of Dec. 2023)


View and export this data going back to 2023. Start your Free Trial

What is Tsubota Laboratory 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.

Tsubota Laboratory's operating assets for the quarter that ended in Dec. 2023 was $3.43 Mil. Tsubota Laboratory's operating liabilities for the quarter that ended in Dec. 2023 was $5.74 Mil. Tsubota Laboratory's Total Assets for the quarter that ended in Sep. 2023 was $15.64 Mil. Therefore, Tsubota Laboratory's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was -0.15.


Tsubota Laboratory Scaled Net Operating Assets Historical Data

The historical data trend for Tsubota Laboratory's Scaled Net Operating Assets can be seen below:

* 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.

* Premium members only.

Tsubota Laboratory Scaled Net Operating Assets Chart

Tsubota Laboratory Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Scaled Net Operating Assets
0.02 0.42 -0.18 -0.04 -0.13

Tsubota Laboratory Quarterly Data
Mar20 Mar21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.03 0.04 0.08 -0.15 -0.19

Competitive Comparison of Tsubota Laboratory's Scaled Net Operating Assets

For the Medical Devices subindustry, Tsubota Laboratory's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tsubota Laboratory's Scaled Net Operating Assets Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Tsubota Laboratory's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Tsubota Laboratory's Scaled Net Operating Assets falls into.



Tsubota Laboratory 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.

Tsubota Laboratory'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 )
=(2.749-5.414)/19.998
=-0.13

where

Operating Assets(A: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=15.32 - 12.571
=2.749

Operating Liabilities(A: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6.194 - 0.603 - 0.177
=5.414

Tsubota Laboratory'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 )
=(3.425-5.738)/15.635
=-0.15

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=13.906 - 10.481
=3.425

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6.592 - 0.684 - 0.17
=5.738

* 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.


Tsubota Laboratory Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of Tsubota Laboratory's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Tsubota Laboratory (Tsubota Laboratory) Business Description

Traded in Other Exchanges
Address
34 Shinanomachi, 304 Toshin Shinanomachi-ekimae Building, Shinjuku-ku, Tokyo, JPN, 160-0016
Tsubota Laboratory Inc is engaged in the research and development of pharmaceuticals and medical devices for the treatment of myopia, dry eyes, and presbyopia.

Tsubota Laboratory (Tsubota Laboratory) Headlines

No Headlines