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Correlate Energy (Correlate Energy) Scaled Net Operating Assets : -0.31 (As of Mar. 2024)


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What is Correlate Energy 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.

Correlate Energy's operating assets for the quarter that ended in Mar. 2024 was $2.95 Mil. Correlate Energy's operating liabilities for the quarter that ended in Mar. 2024 was $4.35 Mil. Correlate Energy's Total Assets for the quarter that ended in Dec. 2023 was $4.56 Mil. Therefore, Correlate Energy's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was -0.31.


Correlate Energy Scaled Net Operating Assets Historical Data

The historical data trend for Correlate Energy'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.

Correlate Energy Scaled Net Operating Assets Chart

Correlate Energy 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 -0.01 -21.41 3.03 -0.70 -0.43

Correlate Energy 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 -2.44 0.05 -0.61 -0.17 -0.31

Competitive Comparison of Correlate Energy's Scaled Net Operating Assets

For the Engineering & Construction subindustry, Correlate Energy'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.


Correlate Energy's Scaled Net Operating Assets Distribution in the Construction Industry

For the Construction industry and Industrials sector, Correlate Energy's Scaled Net Operating Assets distribution charts can be found below:

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



Correlate Energy 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.

Correlate Energy'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 )
=(3.149-4.125)/2.257
=-0.43

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4.561 - 1.412
=3.149

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=7.74 - 0.935 - 2.68
=4.125

Correlate Energy'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 )
=(2.946-4.347)/4.561
=-0.31

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3.048 - 0.102
=2.946

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=8.866 - 2.436 - 2.083
=4.347

* 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.


Correlate Energy Scaled Net Operating Assets Related Terms

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Correlate Energy (Correlate Energy) Business Description

Traded in Other Exchanges
N/A
Address
220 Travis Street, Suite 501, Shreveport, LA, USA, 71101
Correlate Energy Corp Formerly Correlate Infrastructure Partners Inc, together with its subsidiaries, is a technology-enabled clean energy optimization provider that offers a complete suite of proprietary clean energy assessment and deployment solutions for commercial and industrial (C&I) building and property owners in the United States. Through the company's true tech-enabled project development and financing platform, it provides portfolio energy optimization and clean energy solutions for sustainable profit growth in buildings nationwide.
Executives
Eli Albrecht director 176 S. CAPITOL BLVD., 2ND FLOOR, BOISE ID 83702
Channing F. Chen officer: Chief Financial Officer 25 ARUNDEL RD, BURLINGAME CA 94010
G Robert Powell director P.O. BOX 1204, LAFAYETTE CA 94549
Matthew C Flemming director 18614 RESICA FALLS, HOUSTON TX 77094
Jason Loyet director 205 DEMONBREUN STREET, 1801, NASHVILLE TN 37201
Todd Robert Michaels director, officer: CEO and President 3212 S. EAGLE BROOK LANE, EAGLE ID 83616
Hunt Cory Gerald director 939 MAYDEL PALMER VISTA NORTH, LETHBRIDGE A0 T1H7B7
Newton W. Dorsett 10 percent owner 220 TRAVIS STREET, SUITE 501, SHREVEPORT LA 71101
Tim Burroughs officer: President, CEO 2717 SUN MEADOW DR, FLOWER MOUND TX 75022
Daniel R Robinson director 190 COYOTE COURT, ARGYLE TX 76226
Donald R Lawhorne director 2435 NORTH CENTRAL EXPRESSWAY, SUITE 200, RICHARDSON TX 75080
Kenneth Conte officer: Chief Financial Officer 12222 MERIT DRIVE, SUITE 1850, DALLAS TX 75251
Charles David York officer: Executive Vice President 5004 JOSHUA DRIVE, FLOWER MOUND TX 75028
Sherri Cecotti officer: Vice President 3030 LBJ FREEWAY, SUITE 1320, DALLAS TX 75234
Bernard O'donnell director 3505 WOODHAVEN DRIVE, DALLAS TX 75234

Correlate Energy (Correlate Energy) Headlines

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