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LGI Homes (LGI Homes) Scaled Net Operating Assets : 0.96 (As of Mar. 2024)


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What is LGI Homes 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.

LGI Homes's operating assets for the quarter that ended in Mar. 2024 was $3,474 Mil. LGI Homes's operating liabilities for the quarter that ended in Mar. 2024 was $188 Mil. LGI Homes's Total Assets for the quarter that ended in Dec. 2023 was $3,408 Mil. Therefore, LGI Homes's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.96.


LGI Homes Scaled Net Operating Assets Historical Data

The historical data trend for LGI Homes'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.

LGI Homes Scaled Net Operating Assets Chart

LGI Homes Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.08 0.99 1.18 1.22 1.01

LGI Homes 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 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 0.91 0.93 0.98 0.95 0.96

Competitive Comparison of LGI Homes's Scaled Net Operating Assets

For the Residential Construction subindustry, LGI Homes'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.


LGI Homes's Scaled Net Operating Assets Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, LGI Homes's Scaled Net Operating Assets distribution charts can be found below:

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



LGI Homes 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.

LGI Homes'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 )
=(3358.873-194.082)/3124.828
=1.01

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3407.851 - 48.978
=3358.873

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1551.82 - 1253.279 - 104.459
=194.082

LGI Homes'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 )
=(3473.89-187.577)/3407.851
=0.96

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3522.886 - 48.996
=3473.89

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1653.683 - 1388.297 - 77.809
=187.577

* 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.


LGI Homes Scaled Net Operating Assets Related Terms

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LGI Homes (LGI Homes) Business Description

Traded in Other Exchanges
Address
1450 Lake Robbins Drive, Suite 430, The Woodlands, TX, USA, 77380
LGI Homes Inc is engaged in the design, construction, and sale of new homes in markets. The company current product offerings include entry-level homes, including both detached homes and townhomes, and move-up homes sold, which are sold under LGI Homes brand, and luxury series homes, which are sold under the Terrata Homes brand. It offers a set number of floor plans in each community with features that include upgrades, such as granite countertops, appliances, and ceramic tile flooring.
Executives
Steven Randal Smith director 1450 LAKE ROBBINS DRIVE, SUITE 430, THE WOODLANDS TX 77380
Michael Larry Snider officer: See Remarks 1450 LAKE ROBBINS DRIVE, SUITE 430, THE WOODLANDS TX 77380
Eric Thomas Lipar director, 10 percent owner, officer: Chief Executive Officer 1450 LAKE ROBBINS DRIVE, SUITE 430, THE WOODLANDS TX 77380
Scott James Garber officer: General Counsel and Secretary 1450 LAKE ROBBINS DRIVE SUITE 430, THE WOODLANDS TX 77380
Ryan Edone director 1450 LAKE ROBBINS DRIVE, SUITE 430, THE WOODLANDS X1 77380
Maria Renna Sharpe director 11 EDWARDS COURT, MT. KISCO NY 10549
Charles Michael Merdian director 1450 LAKE ROBBINS DRIVE, SUITE 430, THE WOODLANDS TX 77380
Rachel Lyons Eaton officer: Chief Marketing Officer 1450 LAKE ROBBINS DRIVE, SUITE 430, THE WOODLANDS TX 77380
Jack Anthony Lipar officer: See Remarks 1450 LAKE ROBBINS DRIVE, SUITE 430, THE WOODLANDS TX 77380
Shailee Parikh director 27 N. ABERDEEN ST., UNIT 4S, CHICAGO IL 60607
Duncan S Gage director 1450 LAKE ROBBINS DRIVE, SUITE 430, THE WOODLANDS TX 77380
Robert Karnig Vahradian director 1450 LAKE ROBBINS DRIVE, SUITE 430, THE WOODLANDS TX 77380
Bryan Christopher Sansbury director 1450 LAKE ROBBINS DRIVE, SUITE 430, THE WOODLANDS TX 77380
Laura Marie Miller director 320 QUIET WATER LANE, ATLANTA GA 30350
Margaret Mary Britton officer: Chief Administrative Officer 1450 LAKE ROBBINS DRIVE, SUITE 430, THE WOODLANDS TX 77380