Sonic Automotive (Sonic Automotive) Scaled Net Operating Assets

: 0.94 (As of Dec. 2023)

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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.

Sonic Automotive's operating assets for the quarter that ended in Dec. 2023 was $5,336 Mil. Sonic Automotive's operating liabilities for the quarter that ended in Dec. 2023 was $610 Mil. Sonic Automotive's Total Assets for the quarter that ended in Sep. 2023 was $5,050 Mil. Therefore, Sonic Automotive's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.94.

Sonic Automotive Scaled Net Operating Assets Historical Data

The historical data trend for Sonic Automotive'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.

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Sonic Automotive Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Scaled Net Operating Assets

0.93

0.76

1.09

0.84

0.95

Sonic Automotive 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																0.86	0.88	0.85	0.86	0.94

Competitive Comparison

For the Auto & Truck Dealerships subindustry, Sonic Automotive'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.

Sonic Automotive Scaled Net Operating Assets Distribution

For the Vehicles & Parts industry and Consumer Cyclical sector, Sonic Automotive's Scaled Net Operating Assets distribution charts can be found below:

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

Sonic Automotive 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.

Sonic Automotive'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 )
=	(5335.7	-	609.6)	/	4978.3
=	0.95

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	5364.6	-	28.9
=	5335.7

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	4472.7	-	2090.2	-	1772.9
=	609.6

Sonic Automotive'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 )
=	(5335.7	-	609.6)	/	5050.3
=	0.94

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	5364.6	-	28.9
=	5335.7

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	4472.7	-	2090.2	-	1772.9
=	609.6

Sonic Automotive Scaled Net Operating Assets Related Terms

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Sonic Automotive (Sonic Automotive) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Sonic Automotive Inc (NYSE:SAH) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

SA8A:Germany

Address

4401 Colwick Road, Charlotte, NC, USA, 28211

Website

https://www.sonicautomotive.com

Sonic Automotive is one of the largest auto dealership groups in the United States. The company has 108 franchised stores in 18 states, primarily in metropolitan areas in California, Texas, and the Southeast, plus 18 EchoPark and 7 Northwest Motorsports used-vehicle stores, and 16 collision centers. The company derives revenue from new and used vehicles plus parts and collision repair, finance, insurance, and wholesale auctions. Luxury and import dealerships make up about 83% of franchise new-vehicle revenue, while Honda, BMW, Mercedes, and Toyota constitute about 56% of new-vehicle revenue. BMW is the largest brand at about 26%. 2022's revenue was $14 billion, with EchoPark's portion totaling $2.5 billion. Sonic bought RFJ Auto in December 2021, which added $3.2 billion in sales.

Executives

Heath Byrd	officer: EVP and CFO	4401 COLWICK ROAD, CHARLOTTE NC 28211
Jeff Dyke	officer: EVP of Operations	C/O SONIC AUTOMOTIVE, INC., 6415 IDLEWILD ROAD, SUITE 109, CHARLOTTE NC 28212
David Bruton Smith	director, officer: Executive Vice President	C/O SONIC AUTOMOTIVE, INC., 6415 IDLEWILD ROAD, SUITE 109, CHARLOTTE NC 28212
Paul P. Rusnak	10 percent owner	325 W. COLORADO BLVD.,, PO BOX 70489, PASADENA CA 91117-7489
Michael Edward Hodge	director	4401 COLWICK ROAD, CHARLOTTE NC 28211
Keri A Kaiser	director	14902 PRESTON ROAD, SUITE 404, #384, DALLAS TX 75254
Victor H Doolan	director	35 VIA MONARCA, DANA POINT CA 92629
Marcus G Smith	10 percent owner	5555 CONCORD PARKWAY SOUTH, CONCORD NC 28027
Sonic Financial Corp	10 percent owner	5401 E INDEPENDENCE BLVD, CHARLOTTE NC 28212
O Bruton Smith	director, 10 percent owner, officer: Chairman and CEO	5401 E INDEPENDENCE BLVD, CHARLOTTE NC 28212
R Eugene Taylor	director	BANK OF AMERICA CORP, 100 NORTH TRYON ST NC1-007-57-01, CHARLOTTE NC 28255
Bryan Scott Smith	director, officer: Vice Chairman and CSO	5401 E INDEPENDENCE BLVD, CHARLOTTE NC 28212
Harris John W. Iii	director	4725 PIEDMONT ROW DRIVE, SUITE 800, CHARLOTTE NC 28210
Byrd Bernard Clinton Jr	director	4401 COLWICK ROAD, CHARLOTTE NC 28211
William I Belk	director	6100 FAIRVIEW RD #640, CHARLOTTE NC 28210