Forafric Global (Forafric Global) Scaled Net Operating Assets : 0.70 (As of Jun. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Forafric Global 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.

Forafric Global's operating assets for the quarter that ended in Jun. 2023 was $316.5 Mil. Forafric Global's operating liabilities for the quarter that ended in Jun. 2023 was $100.4 Mil. Forafric Global's Total Assets for the quarter that ended in Dec. 2022 was $307.2 Mil. Therefore, Forafric Global's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2023 was 0.70.

Forafric Global Scaled Net Operating Assets Historical Data

The historical data trend for Forafric Global'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.

Forafric Global Scaled Net Operating Assets Chart

Forafric Global Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Scaled Net Operating Assets

0.95

0.74

Forafric Global Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Scaled Net Operating Assets	Get a 7-Day Free Trial			-	-	0.77	0.65	0.70

Competitive Comparison of Forafric Global's Scaled Net Operating Assets

For the Farm Products subindustry, Forafric Global'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.

Forafric Global's Scaled Net Operating Assets Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Forafric Global's Scaled Net Operating Assets distribution charts can be found below:

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

Forafric Global 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.

Forafric Global's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2022 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2022 )
=	(Operating Assets (A: Dec. 2022 )	-	Operating Liabilities (A: Dec. 2022 ))	/	Total Assets (A: Dec. 2021 )
=	(282.337	-	60.752)	/	299.902
=	0.74

where

	Operating Assets		(A: Dec. 2022 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	307.164	-	24.827
=	282.337

	Operating Liabilities		(A: Dec. 2022 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	262.209	-	11.629	-	189.828
=	60.752

Forafric Global's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Jun. 2023 )
=	(Operating Assets (Q: Jun. 2023 )	-	Operating Liabilities (Q: Jun. 2023 ))	/	Total Assets (Q: Dec. 2022 )
=	(316.481	-	100.443)	/	307.164
=	0.70

where

	Operating Assets		(Q: Jun. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	341.636	-	25.155
=	316.481

	Operating Liabilities		(Q: Jun. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	307.273	-	10.636	-	196.194
=	100.443

Forafric Global Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of Forafric Global's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Forafric Global (Forafric Global) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Forafric Global PLC (NAS:AFRI) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Mustapha Jamaleddine, Unit 5.3, Madison Building, Midtown, Queensway, GIB, GX11 1AA

Website

https://www.forafric.com

Forafric Global PLC is engaged in production and sale of a variety of wheat flours, Semolina and Pasta and Couscous in Morocco and in more than 45 countries. The two main brands in Morocco are MAYMOUNA and TRIA. The company derives majority of its revenue from Soft wheat.

Executives

Paul Packer	director, 10 percent owner, officer: CEO; CFO; Secretary	C/O GLOBIS CAPITAL PARTNERS LP, 60 BROAD ST, NEW YORK NY 10004
Michael Ferguson	director	525 EXECUTIVE BOULEVARD, ELMSFORD NY 10523
John M Horne	director	P.O. BOX 547, JOHNSON AR 72741
Claude Benitah	director	NITSANA, 9, TEL-AVIV-YAFO L3 6811709
Globis Spac Llc	10 percent owner	805 3RD AVENUE, 15TH FLOOR, NEW YORK NY 10022

Forafric Global (Forafric Global) Headlines

From GuruFocus

Forafric, a Leading African Agribusiness, Teams with Alapala to Nearly Double Wheat and Durum Processing Capacity

By Business Wire Business Wire • 06-14-2022

Forafric Achieves Record High Crushing Volume During First Half of 2022

By Business Wire Business Wire • 08-04-2022

Forafric Acquires SIMS mill in Marrakesh Increasing Crushing Capacity to More Than 300 Tons per Day

By Business Wire • 07-31-2023

Forafric Provides Business Update

By Business Wire • 12-13-2023