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NiSource (NiSource) Scaled Net Operating Assets : 0.79 (As of Dec. 2023)


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What is NiSource 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.

NiSource's operating assets for the quarter that ended in Dec. 2023 was $28,832 Mil. NiSource's operating liabilities for the quarter that ended in Dec. 2023 was $6,813 Mil. NiSource's Total Assets for the quarter that ended in Sep. 2023 was $27,828 Mil. Therefore, NiSource's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.79.


NiSource Scaled Net Operating Assets Historical Data

The historical data trend for NiSource'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.

NiSource Scaled Net Operating Assets Chart

NiSource 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 0.71 0.69 0.78 0.79 0.82

NiSource 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 0.75 0.73 0.75 0.77 0.79

Competitive Comparison of NiSource's Scaled Net Operating Assets

For the Utilities - Regulated Gas subindustry, NiSource'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.


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

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

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



NiSource 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.

NiSource'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 )
=(28831.8-6813)/26736.6
=0.82

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=31077.2 - 2245.4
=28831.8

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=20940.9 - 11055.5 - 3072.4
=6813

NiSource'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 )
=(28831.8-6813)/27828.2
=0.79

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=31077.2 - 2245.4
=28831.8

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=20940.9 - 11055.5 - 3072.4
=6813

* 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.


NiSource Scaled Net Operating Assets Related Terms

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NiSource (NiSource) Business Description

Traded in Other Exchanges
Address
801 East 86th Avenue, Merrillville, IN, USA, 46410
NiSource is one of the nation's largest natural gas distribution companies with approximately 3.2 million customers in Indiana, Kentucky, Maryland, Ohio, Pennsylvania, and Virginia. NiSource's electric utility transmits and distributes electricity in northern Indiana to about 500,000 customers. The regulated electric utility also owns more than 3,000 megawatts of generation capacity, including coal, natural gas, and renewable energy.
Executives
Michael E Jesanis director C/O NISOURCE INC., 801 E. 86TH AVENUE, MERRILLVILLE IN 46410
Lloyd M Yates director 1N 2ND ST, HARTSVILLE SC 29550
Melody Birmingham officer: EVP & Chief Innovation Officer 550 S. TRYON STREET, CHARLOTTE NC 28202
Donald Eugene Brown officer: Executive Vice President 801 E. 86TH AVENUE, MERRILLVILLE IN 46410
William Jr. Jefferson officer: EVP Operations & CSO 801 E. 86TH AVENUE, MERRILLVILLE IN 46410
Kimberly S Cuccia officer: VP, Interim GC & Corp Sec 801 E. 86TH AVENUE, MERRILLVILLE IN 46410
Michael Luhrs officer: EVP, Strategy & Risk & CCO P.O. BOX 14720, MADISON WI 53708-0720
Melanie B. Berman officer: SVP & CHRO 801 E. 86TH AVENUE, MERRILLVILLE IN 46410
William D Johnson director 77 BEALE ST, PO BOX 770000, SAN FRANCISCO CA 94177
Cassandra S. Lee director 7615 ZIONSVILLE RD, INDIANAPOLIS IN 46268
Sondra L Barbour director 6801 ROCKLEDGE DRIVE, BETHESDA MD 20817
Eric L Butler director 1400 DOUGLAS STREET, STOP 1210, OMAHA NE 68179
Daniel A Creekmur officer: SVP & President, Gas Utilities 801 E. 86TH AVENUE, MERRILLVILLE IN 46410
Michael Hooper officer: SVP and President, NIPSCO 801 E. 86TH AVENUE, MERRILLVILLE IN 46410
Pablo Vegas officer: EVP & President Columbia Gas 801 E. 86TH AVENUE, MERRILLVILLE IN 46410