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Nitto Seimo Co (TSE:3524) Scaled Net Operating Assets : 0.75 (As of Jan. 2024)


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What is Nitto Seimo 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.

Nitto Seimo Co's operating assets for the quarter that ended in Jan. 2024 was 円28,339 Mil. Nitto Seimo Co's operating liabilities for the quarter that ended in Jan. 2024 was 円6,029 Mil. Nitto Seimo Co's Total Assets for the quarter that ended in Oct. 2023 was 円29,759 Mil. Therefore, Nitto Seimo Co's scaled net operating assets (SNOA) for the quarter that ended in Jan. 2024 was 0.75.


Nitto Seimo Co Scaled Net Operating Assets Historical Data

The historical data trend for Nitto Seimo 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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Nitto Seimo Co Scaled Net Operating Assets Chart

Nitto Seimo Co Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.67 0.70 0.81 0.85 0.75

Nitto Seimo Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.77 0.72 0.76 0.75 0.75

Competitive Comparison of Nitto Seimo Co's Scaled Net Operating Assets

For the Textile Manufacturing subindustry, Nitto Seimo 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.


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

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

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



Nitto Seimo 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.

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

Scaled Net Operating Assets (SNOA)(A: Apr. 2023 )
=(Operating Assets (A: Apr. 2023 )-Operating Liabilities (A: Apr. 2023 ))/Total Assets (A: Apr. 2022 )
=(27050.593-6462.004)/27573.461
=0.75

where

Operating Assets(A: Apr. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=28223.134 - 1172.541
=27050.593

Operating Liabilities(A: Apr. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=21761.36 - 7594.785 - 7704.571
=6462.004

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

Scaled Net Operating Assets (SNOA)(Q: Jan. 2024 )
=(Operating Assets (Q: Jan. 2024 )-Operating Liabilities (Q: Jan. 2024 ))/Total Assets (Q: Oct. 2023 )
=(28338.729-6028.606)/29759.438
=0.75

where

Operating Assets(Q: Jan. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=29943.07 - 1604.341
=28338.729

Operating Liabilities(Q: Jan. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=23354.855 - 7173.419 - 10152.83
=6028.606

* 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.


Nitto Seimo Co Scaled Net Operating Assets Related Terms

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Nitto Seimo Co (TSE:3524) Business Description

Traded in Other Exchanges
Address
2-20-15 Shimbashi, Minato-ku, Tokyo, JPN
Nitto Seimo Co Ltd is engaged in manufacturing and sales of knotless nets, knotted nets, minnow nets, and ropes for fishery and onshore use and sales of laborsaving machinery and equipment for vessels and fishing operation as well as marine products.

Nitto Seimo Co (TSE:3524) Headlines

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