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FREYR Battery (FREYR Battery) Scaled Net Operating Assets : 0.47 (As of Sep. 2023)


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What is FREYR Battery 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.

FREYR Battery's operating assets for the quarter that ended in Sep. 2023 was $439.41 Mil. FREYR Battery's operating liabilities for the quarter that ended in Sep. 2023 was $82.82 Mil. FREYR Battery's Total Assets for the quarter that ended in Jun. 2023 was $763.85 Mil. Therefore, FREYR Battery's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2023 was 0.47.


FREYR Battery Scaled Net Operating Assets Historical Data

The historical data trend for FREYR Battery'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.

FREYR Battery Scaled Net Operating Assets Chart

FREYR Battery Annual Data
Trend Dec20 Dec21 Dec22
Scaled Net Operating Assets
-0.62 -1.16 0.47

FREYR Battery Quarterly Data
Sep20 Dec20 Mar21 Jun21 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 0.01 0.52 0.37 0.40 0.47

Competitive Comparison of FREYR Battery's Scaled Net Operating Assets

For the Electrical Equipment & Parts subindustry, FREYR Battery'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.


FREYR Battery's Scaled Net Operating Assets Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, FREYR Battery's Scaled Net Operating Assets distribution charts can be found below:

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



FREYR Battery 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.

FREYR Battery'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 )
=(384.635-93.17)/627.033
=0.46

where

Operating Assets(A: Dec. 2022 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=827.698 - 443.063
=384.635

Operating Liabilities(A: Dec. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=107.571 - 11.144 - 3.257
=93.17

FREYR Battery'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 )
=(439.409-82.823)/763.847
=0.47

where

Operating Assets(Q: Sep. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=738.828 - 299.419
=439.409

Operating Liabilities(Q: Sep. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=104.388 - 18.353 - 3.212
=82.823

* 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.


FREYR Battery Scaled Net Operating Assets Related Terms

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FREYR Battery (FREYR Battery) Business Description

Traded in Other Exchanges
Address
Boulevard Royal, 22-24, Level 2449, Luxembourg, LUX, L-2449
FREYR Battery Inc is an emerging producer of clean battery solutions for the planet. It designs and manufactures high-density and cost-competitive lithium-ion batteries with a reduced carbon footprint for the markets for electric mobility, stationary energy storage, and marine and aviation applications.