The Tohoku Bank (TSE:8349) Scaled Net Operating Assets : -0.03 (As of Dec. 2023)

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What is The Tohoku 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.

The Tohoku Bank's operating assets for the quarter that ended in Dec. 2023 was 円953,157 Mil. The Tohoku Bank's operating liabilities for the quarter that ended in Dec. 2023 was 円988,320 Mil. The Tohoku Bank's Total Assets for the quarter that ended in Sep. 2023 was 円1,025,563 Mil. Therefore, The Tohoku Bank's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was -0.03.

The Tohoku 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.

The Tohoku Bank's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Mar. 2023 )
=	(Operating Assets (A: Mar. 2023 )	-	Operating Liabilities (A: Mar. 2023 ))	/	Total Assets (A: Mar. 2022 )
=	(924439	-	926481)	/	1026975
=	-0.00

where

	Operating Assets		(A: Mar. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	968133	-	43694
=	924439

	Operating Liabilities		(A: Mar. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	929392	-	2911	-	0
=	926481

The Tohoku Bank'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 )
=	(953157	-	988320)	/	1025563
=	-0.03

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	1028216	-	75059
=	953157

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	989481	-	1161	-	0
=	988320

* 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.

The Tohoku Bank Scaled Net Operating Assets Related Terms

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The Tohoku Bank (TSE:8349) Business Description

Industry

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Traded in Other Exchanges

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Address

3-1 Uchimaru, Morioka, Iwate, JPN, 020-8606

Website

http://www.tohoku-bank.co.jp

The Tohoku Bank Ltd is a bank in Japan. The bank provides general bank functions like deposits, loans, and foreign exchange transactions.