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Radius Recycling (FRA:SS1A) Scaled Net Operating Assets : 0.79 (As of Feb. 2024)


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What is Radius Recycling 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.

Radius Recycling's operating assets for the quarter that ended in Feb. 2024 was €1,606 Mil. Radius Recycling's operating liabilities for the quarter that ended in Feb. 2024 was €377 Mil. Radius Recycling's Total Assets for the quarter that ended in Nov. 2023 was €1,564 Mil. Therefore, Radius Recycling's scaled net operating assets (SNOA) for the quarter that ended in Feb. 2024 was 0.79.


Radius Recycling Scaled Net Operating Assets Historical Data

The historical data trend for Radius Recycling'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.

Radius Recycling Scaled Net Operating Assets Chart

Radius Recycling Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.75 0.74 0.84 1.00 0.65

Radius Recycling Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.78 0.68 0.75 0.79

Competitive Comparison of Radius Recycling's Scaled Net Operating Assets

For the Steel subindustry, Radius Recycling'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.


Radius Recycling's Scaled Net Operating Assets Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Radius Recycling's Scaled Net Operating Assets distribution charts can be found below:

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



Radius Recycling 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.

Radius Recycling's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Aug. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Aug. 2023 )
=(Operating Assets (A: Aug. 2023 )-Operating Liabilities (A: Aug. 2023 ))/Total Assets (A: Aug. 2022 )
=(1567.994-402.542)/1802.851
=0.65

where

Operating Assets(A: Aug. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1573.525 - 5.531
=1567.994

Operating Liabilities(A: Aug. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=737.534 - 311.473 - 23.519
=402.542

Radius Recycling's Scaled Net Operating Assets (SNOA) for the quarter that ended in Feb. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Feb. 2024 )
=(Operating Assets (Q: Feb. 2024 )-Operating Liabilities (Q: Feb. 2024 ))/Total Assets (Q: Nov. 2023 )
=(1605.533-376.913)/1564.012
=0.79

where

Operating Assets(Q: Feb. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1618.105 - 12.572
=1605.533

Operating Liabilities(Q: Feb. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=832.504 - 432.054 - 23.537
=376.913

* 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.


Radius Recycling Scaled Net Operating Assets Related Terms

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Radius Recycling (FRA:SS1A) Business Description

Traded in Other Exchanges
Address
299 SW Clay Street, Suite 350, Portland, OR, USA, 97201
Schnitzer Steel Industries Inc is one of the ferrous and nonferrous scrap metal recyclers in the U.S. Its metal recycling business collects and recycles auto bodies, rail cars, appliances, machinery, and construction demolition. Additionally, Schnitzer operates an auto-parts business that purchases obsolete vehicles and sells any useful parts to retail customers and a steelmaking business that supplies construction products along the U.S. West Coast.

Radius Recycling (FRA:SS1A) Headlines

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