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Correa Ribeiro Comercio e Industria (BSP:CORR3) Scaled Net Operating Assets : -0.42 (As of Sep. 2023)


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What is Correa Ribeiro Comercio e Industria 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.

Correa Ribeiro Comercio e Industria's operating assets for the quarter that ended in Sep. 2023 was R$4.12 Mil. Correa Ribeiro Comercio e Industria's operating liabilities for the quarter that ended in Sep. 2023 was R$11.23 Mil. Correa Ribeiro Comercio e Industria's Total Assets for the quarter that ended in Jun. 2023 was R$16.74 Mil. Therefore, Correa Ribeiro Comercio e Industria's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2023 was -0.42.


Correa Ribeiro Comercio e Industria Scaled Net Operating Assets Historical Data

The historical data trend for Correa Ribeiro Comercio e Industria'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.

Correa Ribeiro Comercio e Industria Scaled Net Operating Assets Chart

Correa Ribeiro Comercio e Industria Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.45 -0.55 -1.24 -0.68 -0.34

Correa Ribeiro Comercio e Industria Quarterly Data
Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 - -0.34 -0.35 -0.38 -0.43

Competitive Comparison of Correa Ribeiro Comercio e Industria's Scaled Net Operating Assets

For the Real Estate Services subindustry, Correa Ribeiro Comercio e Industria'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.


Correa Ribeiro Comercio e Industria's Scaled Net Operating Assets Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Correa Ribeiro Comercio e Industria's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Correa Ribeiro Comercio e Industria's Scaled Net Operating Assets falls into.



Correa Ribeiro Comercio e Industria 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.

Correa Ribeiro Comercio e Industria'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 )
=(6.06-12.922)/20.289
=-0.34

where

Operating Assets(A: Dec. 2022 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=19.831 - 13.771
=6.06

Operating Liabilities(A: Dec. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=12.922 - 0 - 0
=12.922

Correa Ribeiro Comercio e Industria's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2023 )
=(Operating Assets (Q: Sep. 2023 )-Operating Liabilities (Q: Sep. 2023 ))/Total Assets (Q: Jun. 2023 )
=(4.124-11.233)/16.742
=-0.42

where

Operating Assets(Q: Sep. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=16.138 - 12.014
=4.124

Operating Liabilities(Q: Sep. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=11.473 - 0.24 - 0
=11.233

* 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.


Correa Ribeiro Comercio e Industria Scaled Net Operating Assets Related Terms

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Correa Ribeiro Comercio e Industria (BSP:CORR3) Business Description

Traded in Other Exchanges
N/A
Address
Av Centenario 2411, Sala 1105, Salvador, BA, BRA, 40155151
Website
Correa Ribeiro SA Comercio e Industria, together with its subsidiaries, engages in the administration, sale and leasing of residential properties.

Correa Ribeiro Comercio e Industria (BSP:CORR3) Headlines

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