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ArcelorMittal South Africa (JSE:ACL) Scaled Net Operating Assets : 0.37 (As of Dec. 2023)


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What is ArcelorMittal South Africa 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.

ArcelorMittal South Africa's operating assets for the quarter that ended in Dec. 2023 was R26,582 Mil. ArcelorMittal South Africa's operating liabilities for the quarter that ended in Dec. 2023 was R14,423 Mil. ArcelorMittal South Africa's Total Assets for the quarter that ended in Jun. 2023 was R32,926 Mil. Therefore, ArcelorMittal South Africa's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.37.


ArcelorMittal South Africa Scaled Net Operating Assets Historical Data

The historical data trend for ArcelorMittal South Africa'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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ArcelorMittal South Africa Scaled Net Operating Assets Chart

ArcelorMittal South Africa 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 0.27 0.29 0.54 0.53 0.41

ArcelorMittal South Africa Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.47 0.49 0.50 0.48 0.37

Competitive Comparison of ArcelorMittal South Africa's Scaled Net Operating Assets

For the Steel subindustry, ArcelorMittal South Africa'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.


ArcelorMittal South Africa's Scaled Net Operating Assets Distribution in the Steel Industry

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

* The bar in red indicates where ArcelorMittal South Africa's Scaled Net Operating Assets falls into.



ArcelorMittal South Africa 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.

ArcelorMittal South Africa'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 )
=(26582-14423)/30001
=0.41

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=29110 - 2528
=26582

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=21311 - 2856 - 4032
=14423

ArcelorMittal South Africa'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: Jun. 2023 )
=(26582-14423)/32926
=0.37

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=29110 - 2528
=26582

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=21311 - 2856 - 4032
=14423

* 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.


ArcelorMittal South Africa Scaled Net Operating Assets Related Terms

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ArcelorMittal South Africa (JSE:ACL) Business Description

Traded in Other Exchanges
Address
Delfos Boulevard, Main Building, Vanderbijlpark Works, Vanderbijlpark, GT, ZAF, 1911
ArcelorMittal South Africa Ltd is a South Africa-based steel-producing company. The company's operating segments include Steel operations; Non-steel operations; Corporate and others. It generates the majority of total revenue from the Steel segment. The product range consists of hot-rolled coil, plate, coiled rounds, flats, reinforced bars, rounds, billets and channels, and commercial coke among others. The group operates mainly in South Africa. Export sales are mostly sold in sub-Saharan Africa, Asia, Europe, and America.

ArcelorMittal South Africa (JSE:ACL) Headlines

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