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Trinity Industries (Trinity Industries) Scaled Net Operating Assets : 0.77 (As of Dec. 2023)


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What is Trinity Industries 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.

Trinity Industries's operating assets for the quarter that ended in Dec. 2023 was $8,801 Mil. Trinity Industries's operating liabilities for the quarter that ended in Dec. 2023 was $1,877 Mil. Trinity Industries's Total Assets for the quarter that ended in Sep. 2023 was $8,973 Mil. Therefore, Trinity Industries's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.77.


Trinity Industries Scaled Net Operating Assets Historical Data

The historical data trend for Trinity Industries'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.

Trinity Industries Scaled Net Operating Assets Chart

Trinity Industries 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 0.89 0.79 0.72 0.83 0.79

Trinity Industries 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 0.79 0.80 0.79 0.77 0.77

Competitive Comparison of Trinity Industries's Scaled Net Operating Assets

For the Railroads subindustry, Trinity Industries'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.


Trinity Industries's Scaled Net Operating Assets Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Trinity Industries's Scaled Net Operating Assets distribution charts can be found below:

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



Trinity Industries 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.

Trinity Industries'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 )
=(8800.8-1876.8)/8724.3
=0.79

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=8906.5 - 105.7
=8800.8

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=7631 - 5754.2 - 0
=1876.8

Trinity Industries'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 )
=(8800.8-1876.8)/8973.4
=0.77

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=8906.5 - 105.7
=8800.8

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=7631 - 5754.2 - 0
=1876.8

* 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.


Trinity Industries Scaled Net Operating Assets Related Terms

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Trinity Industries (Trinity Industries) Business Description

Traded in Other Exchanges
Address
14221 N. Dallas Parkway, Suite 1100, Dallas, TX, USA, 75254-2957
Trinity Industries Inc. sells and leases railroad products and railcar maintenance services in North America. The company operates under the name TrinityRail in three main segments: railcar leasing and management services, which owns railcars and provides fleet management and administration services; rail products, which builds, sells, and modifies freight and tank railcars and their components; and all other, which sells highway products such as guardrail and other highway barriers. Customers include railroads, leasing companies, and shipping companies in the industries of agriculture, construction, consumer products, energy, and chemicals.
Executives
Eric R Marchetto other: Officer Trinity Rail 14221 N DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Gregory B Mitchell other: Chief Commercial Officer 14221 N DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Scott M Ewing officer: EVP & Chief Legal Officer 14221 N DALLAS PARKWAY SUITE 1100, DALLAS TX 75254
Jean Savage director 14221 N DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Todd Maclin director P.O. BOX 619100, DALLAS TX 75261
Biesterfeld Robert C Jr director 14701 CHARLSON RD, EDEN PRAIRIE MN 55347
Veena M Lakkundi director 3M COMPANY, 3M CENTER, BLDG 220 09 E-02, ST. PAUL MN 55144-1000
Brian D Madison other: President, TILC 14221 N DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Valueact Capital Master Fund, L.p. director, 10 percent owner, other: See Remarks ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129
Jason G. Anderson director ONE LETTERMAN DRIVE, BUILDING D, FOURTH FLOOR, SAN FRANCISCO CA 94129
John L Adams officer: Executive Vice President 2525 STEMMONS FREEWAY, DALLAS TX 75207
Melendy E Lovett director 14221 N DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
William P Ainsworth director 510 LAKE COOK ROAD, SUITE 100, DEERFIELD X1 60015
Brandon Boze director, 10 percent owner, other: See Remarks ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129
Tyrone Michael Jordan director 8501 NORTH SCOTTSDALE ROAD, SUITE 100, SCOTTSDALE AZ 85253