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Afrimat (JSE:AFT) Scaled Net Operating Assets : 0.71 (As of Feb. 2024)


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What is Afrimat 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.

Afrimat's operating assets for the quarter that ended in Feb. 2024 was R6,094 Mil. Afrimat's operating liabilities for the quarter that ended in Feb. 2024 was R1,628 Mil. Afrimat's Total Assets for the quarter that ended in Aug. 2023 was R6,334 Mil. Therefore, Afrimat's scaled net operating assets (SNOA) for the quarter that ended in Feb. 2024 was 0.71.


Afrimat Scaled Net Operating Assets Historical Data

The historical data trend for Afrimat'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.

Afrimat Scaled Net Operating Assets Chart

Afrimat Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.68 0.90 0.72 0.77 0.79

Afrimat Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 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 0.72 0.65 0.68 0.75 0.71

Competitive Comparison of Afrimat's Scaled Net Operating Assets

For the Building Materials subindustry, Afrimat'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.


Afrimat's Scaled Net Operating Assets Distribution in the Building Materials Industry

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

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



Afrimat 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.

Afrimat's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Feb. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Feb. 2024 )
=(Operating Assets (A: Feb. 2024 )-Operating Liabilities (A: Feb. 2024 ))/Total Assets (A: Feb. 2023 )
=(6093.849-1628.361)/5681.132
=0.79

where

Operating Assets(A: Feb. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6748.527 - 654.678
=6093.849

Operating Liabilities(A: Feb. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2185.486 - 210.03 - 347.095
=1628.361

Afrimat'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: Aug. 2023 )
=(6093.849-1628.361)/6333.986
=0.71

where

Operating Assets(Q: Feb. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6748.527 - 654.678
=6093.849

Operating Liabilities(Q: Feb. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2185.486 - 210.03 - 347.095
=1628.361

* 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.


Afrimat Scaled Net Operating Assets Related Terms

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Afrimat (JSE:AFT) Business Description

Traded in Other Exchanges
N/A
Address
Corner Willie van Schoor Avenue and Old Oak Road, Tyger Valley Office Park No. 2, Tyger Valley, Bellville, WC, ZAF, 7530
Afrimat Ltd is a South Africa-based company. It operates in three segments: Construction Materials, which comprises aggregates, concrete-based products, and contracting operations; Industrial Minerals segment consists mainly of the sale of limestone, dolomite, and industrial sand; Bulk Commodities segment includes iron ore and anthracite; and Services segment consists of Group shared services including IT services, consulting services, etc. It operates in a single geographical segment, which is the African region.