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ITC Holdings (ITC Holdings) Scaled Net Operating Assets : 0.81 (As of Jun. 2016)


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What is ITC 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.

ITC Holdings's operating assets for the quarter that ended in Jun. 2016 was $8,061 Mil. ITC Holdings's operating liabilities for the quarter that ended in Jun. 2016 was $1,676 Mil. ITC Holdings's Total Assets for the quarter that ended in Mar. 2016 was $7,863 Mil. Therefore, ITC Holdings's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2016 was 0.81.


ITC Holdings Scaled Net Operating Assets Historical Data

The historical data trend for ITC 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.

ITC Holdings Scaled Net Operating Assets Chart

ITC Holdings Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.89 0.94 0.93 0.92 0.88

ITC Holdings Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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 0.85 0.83 0.83 0.83 0.81

Competitive Comparison of ITC Holdings's Scaled Net Operating Assets

For the Utilities - Regulated Electric subindustry, ITC 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.


ITC Holdings's Scaled Net Operating Assets Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, ITC Holdings's Scaled Net Operating Assets distribution charts can be found below:

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



ITC 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.

ITC Holdings's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2015 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2015 )
=(Operating Assets (A: Dec. 2015 )-Operating Liabilities (A: Dec. 2015 ))/Total Assets (A: Dec. 2014 )
=(7568.263-1416.794)/6959.578
=0.88

where

Operating Assets(A: Dec. 2015 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=7582.122 - 13.859
=7568.263

Operating Liabilities(A: Dec. 2015 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5873.051 - 4060.923 - 395.334
=1416.794

ITC Holdings's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2016 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2016 )
=(Operating Assets (Q: Jun. 2016 )-Operating Liabilities (Q: Jun. 2016 ))/Total Assets (Q: Mar. 2016 )
=(8060.912-1675.845)/7863.242
=0.81

where

Operating Assets(Q: Jun. 2016 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=8066.966 - 6.054
=8060.912

Operating Liabilities(Q: Jun. 2016 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6273.969 - 4146.892 - 451.232
=1675.845

* 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.


ITC Holdings Scaled Net Operating Assets Related Terms

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ITC Holdings (ITC Holdings) Business Description

Traded in Other Exchanges
N/A
Address
ITC Holdings Corp was incorporated in 2002 in the State of Michigan for the purpose of acquiring ITC Transmission. The Company, along with its subsidiaries, is engaged in transmission of electricity in the United States. Through its operating subsidiaries, ITCTransmission, METC, ITC Midwest and ITC Great Plains, it operates high-voltage systems in Michigan's Lower Peninsula and portions of Iowa, Minnesota, Illinois, Missouri, Kansas and Oklahoma that transmit electricity from generating stations to local distribution facilities connected to its systems. The Company operates, maintains and invests in transmission infrastructure in order to enhance system integrity and reliability, reduces transmission constraints and allows new generating resources to interconnect to its transmission systems. Its Regulated Operating Subsidiaries are independent electric transmission utilities, with rates regulated by the FERC and established on a cost-of-service model. The Company's Regulated Operating Subsidiaries earns revenues through tariff rates charged for the use of their electric transmission systems by its customers, which include investor-owned utilities, municipalities, cooperatives, power marketers and alternative energy suppliers. The Company's operations are subject to federal, state and local environmental laws and regulations, which impose limitations on the discharge of pollutants into the environment, establish standards for the management, treatment, storage, transportation and disposal of hazardous materials and of solid and hazardous wastes, and impose obligations to investigate and remediate contamination in certain circumstances.
Executives
Edward G Jepsen director C/O AMPHENOL CORPORATION, 358 HALL AVENUE, WALLINGFORD CT 06492
Rejji P Hayes officer: EVP & CFO ONE ENERGY PLAZA, JACKSON MI 49201
Thomas G Stephens director 777 JOSLYN ROAD, MC 483 720 540, PONTIAC MI 48340-2925
Dave R Lopez director 100 N BROADWAY, OKLAHOMA CITY OK 73102
Lee C Stewart director PO BOX 816, SHARON CT 06069
Chris Franklin director 762 W.LANCASTER AVE, BRYN MAWR PA 19010
Cameron M Bready officer: EVP & Chief Financial Officer 3550 LENOX RD, ATLANTA GA 30326
Watts J C Jr director

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