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Ross Stores (Ross Stores) Scaled Net Operating Assets

: 0.40 (As of Jan. 2024)
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Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Ross Stores's operating assets for the quarter that ended in Jan. 2024 was $9,428 Mil. Ross Stores's operating liabilities for the quarter that ended in Jan. 2024 was $3,681 Mil. Ross Stores's Total Assets for the quarter that ended in Oct. 2023 was $14,271 Mil. Therefore, Ross Stores's scaled net operating assets (SNOA) for the quarter that ended in Jan. 2024 was 0.40.


Ross Stores Scaled Net Operating Assets Historical Data

The historical data trend for Ross Stores'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.

Ross Stores Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Scaled Net Operating Assets
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.91 0.45 0.37 0.40 0.43

Ross Stores Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Scaled Net Operating Assets 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 Premium Member Only Premium Member Only Premium Member Only 0.42 0.42 0.42 0.42 0.40

Competitive Comparison

For the Apparel Retail subindustry, Ross Stores'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.


Ross Stores Scaled Net Operating Assets Distribution

For the Retail - Cyclical industry and Consumer Cyclical sector, Ross Stores's Scaled Net Operating Assets distribution charts can be found below:

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



Ross Stores 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.

Ross Stores's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jan. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jan. 2024 )
=(Operating Assets (A: Jan. 2024 )-Operating Liabilities (A: Jan. 2024 ))/Total Assets (A: Jan. 2023 )
=(9427.663-3681.079)/13416.463
=0.43

where

Operating Assets(A: Jan. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=14300.109 - 4872.446
=9427.663

Operating Liabilities(A: Jan. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=9428.783 - 4814.366 - 933.338
=3681.079

Ross Stores's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jan. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jan. 2024 )
=(Operating Assets (Q: Jan. 2024 )-Operating Liabilities (Q: Jan. 2024 ))/Total Assets (Q: Oct. 2023 )
=(9427.663-3681.079)/14270.62
=0.40

where

Operating Assets(Q: Jan. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=14300.109 - 4872.446
=9427.663

Operating Liabilities(Q: Jan. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=9428.783 - 4814.366 - 933.338
=3681.079

* 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.


Ross Stores Scaled Net Operating Assets Related Terms

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Ross Stores (Ross Stores) Business Description

Address
5130 Hacienda Drive, Dublin, CA, USA, 94568-7579
Ross Stores operates as an off-price apparel and accessories retailer with the majority of its sales derived from its Ross Dress for Less banner. The firm opportunistically procures excess brand-name merchandise made available via manufacturing overruns and retail liquidation sales at a 20%-60% discount to full prices. As such, its stores are frequently filled with a vast array of stock-keeping units, each with minimal product depth that creates a treasure hunt shopping experience. The firm's more than 1,750 Ross Dress for Less stores are primarily located in densely populated suburban communities and typically serve middle-income consumers. Ross also operates nearly 350 DD's Discounts chains that target lower-income shoppers.
Executives
Stephen C Brinkley officer: PRESIDENT, OPERATIONS 5130 HACIENDA DRIVE, DUBLIN CA 94568
Michael K Kobayashi officer: SR VP, CIO 5130 HACIENDA DRIVE, DUBLIN CA 94568
Barbara Rentler director, officer: Chief Executive Officer 5130 HACIENDA DRIVE, DUBLIN CA 94568
Brian R. Morrow officer: President, Merchandising 5130 HACIENDA DRIVE, DUBLIN CA 94568
Michael J. Hartshorn officer: S.V.P. Chief Financial Officer 5130 HACIENDA DRIVE, DUBLIN CA 94568
Jeffrey P Burrill officer: SVP, CAO & CORP CONTROLLER 5130 HACIENDA DRIVE, DUBLIN CA 94568
Edward G Cannizzaro director 5130 HACIENDA DRIVE, DUBLIN CA 94568
Michael J Bush director 5130 HACIENDA DRIVE, DUBLIN CA 94568
Adam M Orvos officer: EVP, Chief Financial Officer 5130 HACIENDA DRIVE, DUBLIN CA 94566
George Orban director 5130 HACIENDA DRIVE, DUBLIN CA 94568
Michael Balmuth director, officer: CEO 5130 HACIENDA DRIVE, DUBLIN CA 94568
Travis Marquette officer: GSVP, Chief Financial Officer 2006 ROUTE 130 NORTH, BURLINGTON NJ 08016
Doniel Sutton director C/O MORNINGSTAR, INC., 22 WEST WASHINGTON STREET, CHICAGO IL 60602
Larree M Renda director
Patricia H Mueller director 2481 MANANA DRIVE, DALLAS TX 75220

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