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Minerals Technologies (Minerals Technologies) Scaled Net Operating Assets : 0.71 (As of Dec. 2023)


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What is Minerals Technologies 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.

Minerals Technologies's operating assets for the quarter that ended in Dec. 2023 was $3,025 Mil. Minerals Technologies's operating liabilities for the quarter that ended in Dec. 2023 was $645 Mil. Minerals Technologies's Total Assets for the quarter that ended in Sep. 2023 was $3,345 Mil. Therefore, Minerals Technologies's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.71.


Minerals Technologies Scaled Net Operating Assets Historical Data

The historical data trend for Minerals Technologies'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.

Minerals Technologies Scaled Net Operating Assets Chart

Minerals Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.69 0.66 0.71 0.72 0.70

Minerals Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.72 0.72 0.71 0.70 0.71

Competitive Comparison of Minerals Technologies's Scaled Net Operating Assets

For the Specialty Chemicals subindustry, Minerals Technologies'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.


Minerals Technologies's Scaled Net Operating Assets Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Minerals Technologies's Scaled Net Operating Assets distribution charts can be found below:

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



Minerals Technologies 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.

Minerals Technologies's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(3025.1-645.4)/3401.6
=0.70

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3346.6 - 321.5
=3025.1

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1659.9 - 911.1 - 103.4
=645.4

Minerals Technologies'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 )
=(3025.1-645.4)/3344.7
=0.71

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3346.6 - 321.5
=3025.1

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1659.9 - 911.1 - 103.4
=645.4

* 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.


Minerals Technologies Scaled Net Operating Assets Related Terms

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Minerals Technologies (Minerals Technologies) Business Description

Traded in Other Exchanges
Address
622 Third Avenue, 38th Floor, New York, NY, USA, 10017-6707
Minerals Technologies Inc mines, produces, and sells mineral-based products. The firm organizes itself into three segments based on product type. The specialty minerals segment, sells calcium carbonate, limestone, and talc, which is used in the paper, building materials, paint, automotive, and pharmaceutical industries. The refractories segment sells products for steel furnaces. The performance materials segment sells bentonite used in steel alloy casting and household products including cat litter. The majority of revenue comes from the United States.
Executives
Dj Iii Monagle officer: Vice President C/O MINERALS TECHNOLOGIES INC., 622 THIRD AVENUE, NEW YORK NY 10017
Brett Argirakis officer: Vice President 622 THIRD AVENUE, 38TH FLOOR, NEW YORK NY 10017
Michael Cipolla officer: CONTROLLER C/O MINERALS TECHNOLOGIES INC, 622 THIRD AVENUE, NEW YORK NY 10017
Douglas T Dietrich officer: Vice President 622 THIRD AVENUE, NEW YORK X1 10017
Jonathan J Hastings officer: Vice President 622 THIRD AVENUE, NEW YORK NY 10017
Rocky Motwani director MINERALS TECHNOLOGIES INC., 622 3RD AVENUE, 38TH FLOOR, NEW YORK NY 10017
Marc E Robinson director MINERALS TECHNOLOGIES INC., 622 THIRD AVENUE, NEW YORK NY 10017
Joseph C. Breunig director 622 THIRD AVENUE, 38TH FLOOR, NEW YORK NY 10017
Alison Ann Deans director C/O NEUBERGER BERMAN, LLC, 605 THIRD AVENUE, NEW YORK NY 10158-3698
Franklin Feder director MINERALS TECHNOLOGIES INC., 622 THIRD AVENUE, NEW YORK NY 10017
John J Carmola director 622 THIRD AVENUE, 38TH FLOOR, NEW YORK NY 10017
Robert L Clark director C/O MINERALS TECHNOLOGIES INC., 622 THIRD AVENUE, NEW YORK NY 10017
Carolyn K Pittman director 622 THIRD AVENUE 38TH FL, MINERALS TECHNOLOGIES, NEW YORK NY 10017
Timothy Jordan officer: Vice President 622 3RD AVENUE, 38TH FL, NEW YORK NY 10017
Thomas J Meek officer: Vice President C/O MINERALS TECHNOLOGIES INC., 622 THIRD AVENUE, NEW YORK NY 10017