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SP Plus (SP Plus) Scaled Net Operating Assets : 0.69 (As of Mar. 2024)


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What is SP Plus 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.

SP Plus's operating assets for the quarter that ended in Mar. 2024 was $1,125 Mil. SP Plus's operating liabilities for the quarter that ended in Mar. 2024 was $327 Mil. SP Plus's Total Assets for the quarter that ended in Dec. 2023 was $1,152 Mil. Therefore, SP Plus's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.69.


SP Plus Scaled Net Operating Assets Historical Data

The historical data trend for SP Plus'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.

SP Plus Scaled Net Operating Assets Chart

SP Plus 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 1.08 0.58 0.70 0.70 0.71

SP Plus Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.70 0.71 0.69 0.68 0.69

Competitive Comparison of SP Plus's Scaled Net Operating Assets

For the Specialty Business Services subindustry, SP Plus'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.


SP Plus's Scaled Net Operating Assets Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, SP Plus's Scaled Net Operating Assets distribution charts can be found below:

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



SP Plus 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.

SP Plus'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 )
=(1133-334.9)/1121.4
=0.71

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1151.9 - 18.9
=1133

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=901.2 - 493.6 - 72.7
=334.9

SP Plus's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2024 )
=(Operating Assets (Q: Mar. 2024 )-Operating Liabilities (Q: Mar. 2024 ))/Total Assets (Q: Dec. 2023 )
=(1124.6-326.8)/1151.9
=0.69

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1142.4 - 17.8
=1124.6

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=881.8 - 482.2 - 72.8
=326.8

* 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.


SP Plus Scaled Net Operating Assets Related Terms

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SP Plus (SP Plus) Business Description

Industry
Traded in Other Exchanges
Address
200 East Randolph Street, Suite 7700, Chicago, IL, USA, 60601-7702
SP Plus Corp Provides parking management, ground transportation, and other ancillary services to commercial, institutional, and municipal clients in urban markets and airports across the United States, Canada, and Puerto Rico. Its services include a comprehensive set of on-site parking management and ground transportation services, In addition, the company also provides a range of ancillary services such as airport and municipal shuttle operations, valet services, taxi and livery dispatch services, and municipal meter revenue collection and enforcement services. Its reportable segments are Commercial and Aviation. The company generates a majority of its revenue from the Commercial segment.
Executives
G Marc Baumann officer: CFO, Treas & Pres of Urban Ops 900 NORTH MICHIGAN AVENUE SUITE 1600, CHICAGO IL 60611
Christopher R Sherman officer: President, Commercial Division C/O SP PLUS CORPORATION, 200 EAST RANDOLPH STREET, SUITE 7700, CHICAGO IL 60601
Robert Toy officer: Executive VP, Operations C/O STANDARD PARKING CORPORATION, 900 N. MICHIGAN AVENUE, CHICAGO IL 60611
John Ricchiuto officer: Exec. VP, Airport Division 900 NORTH MICHIGAN AVENUE SUITE 1600, CHICAGO IL 60611
Gary T Roberts officer: SVP, Corp. Cont., Asst. Treas. C/O SP PLUS CORPORATION, 200 EAST RANDOLPH STREET, SUITE 7700, CHICAGO IL 60601
Diana L Sands director 100 N RIVERSIDE PLAZA, M/C 5003-1001, CHICAGO IL 60606
Kristopher H Roy officer: VP, Corporate Controller C/O SP PLUS CORPORATION, 200 E. RANDOLPH STREET, SUITE 7700, CHICAGO IL 60601
Robert A Miles officer: President, Bags C/O SP PLUS CORPORATION, 200 E. RANDOLPH STREET, SUITE 7700, CHICAGO IL 60601
Gerard M Klaisle officer: Exec. VP & Chief H.R. Officer
Ritu Vig officer: Chief Legal Officer C/O SP PLUS CORPORATION, 200 E. RANDOLPH ST., SUITE 7700, CHICAGO IL 60601
Thomas L Hagerman officer: Exec. VP, Business Development 900 NORTH MICHIGAN SUITE 1600, CHICAGO IL 60611
Alice M Peterson director 3333 BEVERLY RD B5-153A, HOFFMAN ESTTES IL 60179
Robert N Sacks officer: Exec. VP, Gen. Counsel & Sec. 900 NORTH MICHIGAN AVENUE SUITE 1600, CHICAGO IL 60611
Robert S Roath director 781 THIRD AVENUE, KING OF PRUSSIA PA 194061409
Kohlberg Cpc Rep, L.l.c. director, 10 percent owner C/O KOHLBERG & COMPANY, LLC, 111 RADIO CIRCLE, MT. KISCO NY 10549