AEON Financial Service Co (TSE:8570) Scaled Net Operating Assets : 0.21 (As of Nov. 2023)

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What is AEON Financial Service 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.

AEON Financial Service Co's operating assets for the quarter that ended in Nov. 2023 was 円6,515,960 Mil. AEON Financial Service Co's operating liabilities for the quarter that ended in Nov. 2023 was 円5,062,808 Mil. AEON Financial Service Co's Total Assets for the quarter that ended in Aug. 2023 was 円6,913,200 Mil. Therefore, AEON Financial Service Co's scaled net operating assets (SNOA) for the quarter that ended in Nov. 2023 was 0.21.

AEON Financial Service 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.

AEON Financial Service Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Feb. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Feb. 2023 )
=	(Operating Assets (A: Feb. 2023 )	-	Operating Liabilities (A: Feb. 2023 ))	/	Total Assets (A: Feb. 2022 )
=	(5816853	-	4936243)	/	6278586
=	0.14

where

	Operating Assets		(A: Feb. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	6659468	-	842615
=	5816853

	Operating Liabilities		(A: Feb. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	6118336	-	1182093	-	0
=	4936243

AEON Financial Service Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Nov. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Nov. 2023 )
=	(Operating Assets (Q: Nov. 2023 )	-	Operating Liabilities (Q: Nov. 2023 ))	/	Total Assets (Q: Aug. 2023 )
=	(6515960	-	5062808)	/	6913200
=	0.21

where

	Operating Assets		(Q: Nov. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	6960621	-	444661
=	6515960

	Operating Liabilities		(Q: Nov. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	6399795	-	1336987	-	0
=	5062808

* 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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AEON Financial Service Co (TSE:8570) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » AEON Financial Service Co Ltd (TSE:8570) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

AEOJF:USA

Address

Kandanishiki-cho, Chiyoda-ku, Terrace Square, 3-22, Tokyo, JPN

Website

http://www.aeonfinancial.co.jp

AEON Financial Service Co Ltd is a comprehensive financial group consisting of a bank holding company and its subsidiaries, which grew out of Aeon Group's retail operations. It currently operates a network of hundreds of sale bases throughout Asia, particularly in Japan, China, Thailand, and Malaysia. The bank provides various financial services, payment services, housing loans, deposits, installment sales, and overseas services to customers through points of sale closely linked to community lifestyles. These include shopping centers and retail malls, convenience stores, and specialty stores, among others. Net fee and commission income is the company's largest source of net revenue.