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Suminoe Textile Co (TSE:3501) Scaled Net Operating Assets : 0.53 (As of Feb. 2024)


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What is Suminoe Textile 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.

Suminoe Textile Co's operating assets for the quarter that ended in Feb. 2024 was 円85,131 Mil. Suminoe Textile Co's operating liabilities for the quarter that ended in Feb. 2024 was 円35,047 Mil. Suminoe Textile Co's Total Assets for the quarter that ended in Nov. 2023 was 円94,832 Mil. Therefore, Suminoe Textile Co's scaled net operating assets (SNOA) for the quarter that ended in Feb. 2024 was 0.53.


Suminoe Textile Co Scaled Net Operating Assets Historical Data

The historical data trend for Suminoe Textile 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.

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Suminoe Textile Co Scaled Net Operating Assets Chart

Suminoe Textile 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 0.51 0.50 0.49 0.55 0.59

Suminoe Textile 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 0.56 0.57 0.57 0.54 0.53

Competitive Comparison of Suminoe Textile Co's Scaled Net Operating Assets

For the Textile Manufacturing subindustry, Suminoe Textile 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.


Suminoe Textile Co's Scaled Net Operating Assets Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Suminoe Textile Co's Scaled Net Operating Assets distribution charts can be found below:

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



Suminoe Textile 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.

Suminoe Textile 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 )
=(81009-30868)/84801
=0.59

where

Operating Assets(A: May. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=88151 - 7142
=81009

Operating Liabilities(A: May. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=54038 - 9643 - 13527
=30868

Suminoe Textile 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 )
=(85131-35047)/94832
=0.53

where

Operating Assets(Q: Feb. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=92981 - 7850
=85131

Operating Liabilities(Q: Feb. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=55844 - 10387 - 10410
=35047

* 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.


Suminoe Textile Co Scaled Net Operating Assets Related Terms

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Suminoe Textile Co (TSE:3501) Business Description

Traded in Other Exchanges
N/A
Address
3-11-20, Minamisenba, Chuo-ku, Osaka, JPN, 542-8504
Suminoe Textile Co Ltd is a textile company based in Japan. The company is engaged in the following business segment which includes Interior Fittings; Automotive Textiles and Traffic Facilities; Functional Materials and Others. It generates maximum revenue from the Automotive Textiles and Traffic Facilities segment. Geographically, it derives a majority of revenue from Japan and also has a presence in North and Central America; Asia and other Countries.

Suminoe Textile Co (TSE:3501) Headlines

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