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Mitachi Co (TSE:3321) Scaled Net Operating Assets : 0.54 (As of Feb. 2024)


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What is Mitachi Co 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.

Mitachi Co's operating assets for the quarter that ended in Feb. 2024 was 円18,246 Mil. Mitachi Co's operating liabilities for the quarter that ended in Feb. 2024 was 円6,669 Mil. Mitachi Co's Total Assets for the quarter that ended in Nov. 2023 was 円21,592 Mil. Therefore, Mitachi Co's scaled net operating assets (SNOA) for the quarter that ended in Feb. 2024 was 0.54.


Mitachi Co Scaled Net Operating Assets Historical Data

The historical data trend for Mitachi Co'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.

Mitachi Co Scaled Net Operating Assets Chart

Mitachi Co Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.57 0.53 0.61 0.65 0.54

Mitachi Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.50 0.52 0.55 0.58 0.54

Competitive Comparison of Mitachi Co's Scaled Net Operating Assets

For the Electronic Components subindustry, Mitachi Co'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.


Mitachi Co's Scaled Net Operating Assets Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Mitachi Co's Scaled Net Operating Assets distribution charts can be found below:

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



Mitachi Co 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.

Mitachi Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in May. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: May. 2023 )
=(Operating Assets (A: May. 2023 )-Operating Liabilities (A: May. 2023 ))/Total Assets (A: May. 2022 )
=(16800.523-5996.988)/20210.267
=0.53

where

Operating Assets(A: May. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=20804.342 - 4003.819
=16800.523

Operating Liabilities(A: May. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=7707.36 - 265.548 - 1444.824
=5996.988

Mitachi Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Feb. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Feb. 2024 )
=(Operating Assets (Q: Feb. 2024 )-Operating Liabilities (Q: Feb. 2024 ))/Total Assets (Q: Nov. 2023 )
=(18246.236-6669.497)/21592.163
=0.54

where

Operating Assets(Q: Feb. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=21562.526 - 3316.29
=18246.236

Operating Liabilities(Q: Feb. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=7703.752 - 273.372 - 760.883
=6669.497

* 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.


Mitachi Co Scaled Net Operating Assets Related Terms

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Mitachi Co (TSE:3321) Business Description

Industry
Traded in Other Exchanges
Address
2-11-28, Iseyama, Naka-ku,, Nagoya-shi, Aichi, JPN, 460-0026
Mitachi Co Ltd is engaged in the sale of electronics devices such as semiconductor, LCD, as well as electronics components, and motors for various electronics industries such as car electronics, amusement, industrial equipment, consumer equipment, communication equipment, and so on. It offers various products such as universal integrated circuits (ICs), diodes, transistors, optical semiconductors and system large-scale integration (LSI); liquid crystal products, such as liquid crystal modules; electronic components, including resistors, condensers, switches and electronic printed boards.

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