Finnair Oyj (OHEL:FIA1S) Scaled Net Operating Assets : 0.44 (As of Mar. 2024)

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What is Finnair Oyj 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.

Finnair Oyj's operating assets for the quarter that ended in Mar. 2024 was €2,834 Mil. Finnair Oyj's operating liabilities for the quarter that ended in Mar. 2024 was €1,219 Mil. Finnair Oyj's Total Assets for the quarter that ended in Dec. 2023 was €3,698 Mil. Therefore, Finnair Oyj's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.44.

Finnair Oyj Scaled Net Operating Assets Historical Data

The historical data trend for Finnair Oyj'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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Finnair Oyj Scaled Net Operating Assets Chart

Finnair Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Scaled Net Operating Assets

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0.40

0.58

0.55

0.37

0.41

Finnair Oyj 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															0.33	0.33	0.36	0.42	0.44

Competitive Comparison of Finnair Oyj's Scaled Net Operating Assets

For the Airlines subindustry, Finnair Oyj'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.

Finnair Oyj's Scaled Net Operating Assets Distribution in the Transportation Industry

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

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

Finnair Oyj 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.

Finnair Oyj'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 )
=	(2776.1	-	1095.3)	/	4133
=	0.41

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	3698	-	921.9
=	2776.1

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	3121	-	1741.3	-	284.4
=	1095.3

Finnair Oyj'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 )
=	(2834	-	1218.8)	/	3698
=	0.44

where

	Operating Assets		(Q: Mar. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	3815	-	981
=	2834

	Operating Liabilities		(Q: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	3231.1	-	1679.2	-	333.1
=	1218.8

Finnair Oyj Scaled Net Operating Assets Related Terms

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Finnair Oyj (OHEL:FIA1S) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Finnair Oyj (OHEL:FIA1S) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

FNNNF:USA 0EG8:UK FAI:Germany

Address

Tietotie 9 A Helsinki Airport, Vantaa, FIN, 01053

Website

https://company.finnair.com/en

Finnair Oyj is a Finland-based airline company that provides air transport operations and supporting services. It is engaged in delivering services for scheduled passenger and charter traffic as well as cargo sales, customer service and service concepts, flight operations, and activities connected with the procurement and financing of aircraft. The company also provides travel services which consist of travel agency operations as well as tour operations and travel sector software business operations. Its travel services provide various traveling packages to customers through its travel operators and travel agencies, also its support services include catering services, Aircraft maintenance, ground handling, and Airline training.

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