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Flexsteel Industries (Flexsteel Industries) Scaled Net Operating Assets : 0.80 (As of Dec. 2023)


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What is Flexsteel Industries 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.

Flexsteel Industries's operating assets for the quarter that ended in Dec. 2023 was $269.2 Mil. Flexsteel Industries's operating liabilities for the quarter that ended in Dec. 2023 was $41.7 Mil. Flexsteel Industries's Total Assets for the quarter that ended in Sep. 2023 was $284.9 Mil. Therefore, Flexsteel Industries's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.80.


Flexsteel Industries Scaled Net Operating Assets Historical Data

The historical data trend for Flexsteel Industries'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.

Flexsteel Industries Scaled Net Operating Assets Chart

Flexsteel Industries Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.64 0.55 0.84 0.70 0.89

Flexsteel Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.78 0.84 0.89 0.83 0.80

Competitive Comparison of Flexsteel Industries's Scaled Net Operating Assets

For the Furnishings, Fixtures & Appliances subindustry, Flexsteel Industries'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.


Flexsteel Industries's Scaled Net Operating Assets Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Flexsteel Industries's Scaled Net Operating Assets distribution charts can be found below:

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



Flexsteel Industries 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.

Flexsteel Industries's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jun. 2023 )
=(Operating Assets (A: Jun. 2023 )-Operating Liabilities (A: Jun. 2023 ))/Total Assets (A: Jun. 2022 )
=(287.185-48.503)/268.741
=0.89

where

Operating Assets(A: Jun. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=290.55 - 3.365
=287.185

Operating Liabilities(A: Jun. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=148.929 - 93.247 - 7.179
=48.503

Flexsteel Industries'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: Sep. 2023 )
=(269.164-41.667)/284.87
=0.80

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=272.476 - 3.312
=269.164

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=128.943 - 79.711 - 7.565
=41.667

* 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.


Flexsteel Industries Scaled Net Operating Assets Related Terms

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Flexsteel Industries (Flexsteel Industries) Business Description

Traded in Other Exchanges
N/A
Address
385 Bell Street, Dubuque, IA, USA, 52001-0877
Flexsteel Industries Inc is a United States-based company that manufactures, imports, and markets residential upholstered wooden furniture products. The products offering include sofas, loveseats, chairs, rockers, desks, tables, convertible bedding units, and bedroom furniture. The company's products are intended for use in home, office, hotel, healthcare, and other contract applications. A featured component in the company's upholstered furniture is the durable Blue Steel Spring. It operates in the business segment of Furniture products. The company's furniture products business involves the distribution of manufactured and imported products for residential and contract markets, of which key revenue is derived from the residential market.
Executives
Timothy Patrick Newlin officer: VP - Home Furnishings P.O. BOX 877, DUBUQUE IA 52004-0877
Derek P Schmidt officer: CFO & COO 385 BELL STREET, DUBUQUE IA 52001
Jeanne Mcgovern director 10003 WOODLOCH FOREST DRIVE, THE WOODLANDS TX 77380
Gilbert Alejandro Huerta officer: CFO P.O. BOX 877, DUBUQUE IA 52004
Thomas M Levine director P. O. BOX 877, DUBUQUE IA 52004
Kathryn P Dickson director 1245 CEDAR LAKE ROAD S., MINNEAPOLIS MN 55416
Michael Scott Culbreth director 3102 SHAWNEE DRIVE, WINCHESTER VA 22601
William S. Creekmuir director SIX CONCOURSE PARKWAY, SUITE 3300-A, ATLANTA GA 30328
Matthew Kaness director P.O. BOX 877, DUBUQUE IA 52004
Michael Joseph Mcclaflin officer: Chief Information Officer P.O. BOX 877, DUBUQUE IA 52004-0877
Jerald K Dittmer officer: President & CEO P.O. BOX 877, DUBUQUE IA 52004
Mary C Bottie director P. O. BOX 877, DUBUQUE IA 52004
Terrence Heath Willis officer: VP - Direct Commerce P.O. BOX 877, DUBUQUE IA 52004-0877
Hayden Carl Anthony Jr. officer: VP - Manufacturing P.O. BOX 877, DUBUQUE IA 52004-0877
Marcus D Hamilton officer: Chief Financial Officer P. O. BOX 877, DUBUQUE IA 52004