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HITO-Communications Holdings (TSE:4433) Scaled Net Operating Assets : 0.34 (As of Feb. 2024)


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What is HITO-Communications Holdings 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.

HITO-Communications Holdings's operating assets for the quarter that ended in Feb. 2024 was 円25,063 Mil. HITO-Communications Holdings's operating liabilities for the quarter that ended in Feb. 2024 was 円10,607 Mil. HITO-Communications Holdings's Total Assets for the quarter that ended in Nov. 2023 was 円42,030 Mil. Therefore, HITO-Communications Holdings's scaled net operating assets (SNOA) for the quarter that ended in Feb. 2024 was 0.34.


HITO-Communications Holdings Scaled Net Operating Assets Historical Data

The historical data trend for HITO-Communications Holdings'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.

HITO-Communications Holdings Scaled Net Operating Assets Chart

HITO-Communications Holdings Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.55 0.36 0.36 0.28 0.40

HITO-Communications Holdings 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 0.33 0.29 0.40 0.33 0.34

Competitive Comparison of HITO-Communications Holdings's Scaled Net Operating Assets

For the Staffing & Employment Services subindustry, HITO-Communications Holdings'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.


HITO-Communications Holdings's Scaled Net Operating Assets Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, HITO-Communications Holdings's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where HITO-Communications Holdings's Scaled Net Operating Assets falls into.



HITO-Communications Holdings 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.

HITO-Communications Holdings's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Aug. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Aug. 2023 )
=(Operating Assets (A: Aug. 2023 )-Operating Liabilities (A: Aug. 2023 ))/Total Assets (A: Aug. 2022 )
=(26092-12582)/34225
=0.39

where

Operating Assets(A: Aug. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=42554 - 16462
=26092

Operating Liabilities(A: Aug. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=23471 - 9361 - 1528
=12582

HITO-Communications Holdings'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 )
=(25063-10607)/42030
=0.34

where

Operating Assets(Q: Feb. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=40240 - 15177
=25063

Operating Liabilities(Q: Feb. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=20776 - 8397 - 1772
=10607

* 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.


HITO-Communications Holdings Scaled Net Operating Assets Related Terms

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HITO-Communications Holdings (TSE:4433) Business Description

Traded in Other Exchanges
N/A
Address
1-9-6 Higashi-Ikebukuro, Toshima Ward, Tokyo, JPN, 170-0013
HITO-Communications Holdings Inc is engaged in business outsourcing industry placement and pay the general worker dispatching undertaking. Its services include Sales Outsourcing, Sales Promotion, Staffing services, and Tourism Staffing services among others.

HITO-Communications Holdings (TSE:4433) Headlines

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