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Maxim Power (Maxim Power) Scaled Net Operating Assets : 0.71 (As of Mar. 2024)


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What is Maxim Power 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.

Maxim Power's operating assets for the quarter that ended in Mar. 2024 was $258.74 Mil. Maxim Power's operating liabilities for the quarter that ended in Mar. 2024 was $34.50 Mil. Maxim Power's Total Assets for the quarter that ended in Dec. 2023 was $317.41 Mil. Therefore, Maxim Power's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.71.


Maxim Power Scaled Net Operating Assets Historical Data

The historical data trend for Maxim Power'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.

Maxim Power Scaled Net Operating Assets Chart

Maxim Power 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 0.99 0.93 1.12 0.91 0.92

Maxim Power 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 0.80 0.86 0.80 0.90 0.71

Competitive Comparison of Maxim Power's Scaled Net Operating Assets

For the Utilities - Independent Power Producers subindustry, Maxim Power'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.


Maxim Power's Scaled Net Operating Assets Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Maxim Power's Scaled Net Operating Assets distribution charts can be found below:

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



Maxim Power 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.

Maxim Power'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 )
=(293.368-34.869)/281.273
=0.92

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=317.412 - 24.044
=293.368

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=95.479 - 57.011 - 3.599
=34.869

Maxim Power'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 )
=(258.741-34.502)/317.412
=0.71

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=321.689 - 62.948
=258.741

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=94.258 - 55.008 - 4.748
=34.502

* 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.


Maxim Power Scaled Net Operating Assets Related Terms

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Maxim Power (Maxim Power) Business Description

Traded in Other Exchanges
Address
715-5 Avenue Southwest, Suite 1800, Calgary, AB, CAN, T2P 2X6
Maxim Power Corp is an independent power producer. It is focused entirely on power projects in Alberta. Its core asset is the 204MW H.R. Milner Plant, M2, in Grande Cache, AB, a state-of-the-art natural gas-fired power plant that went online in Q2, 2020. The company is increasing the capacity of M2 to approximately 300 MW and concurrently will realize an improvement in the efficiency of the plant by investing in heat recovery combined cycle technology. Further, MAXIM continues to explore further development options in Alberta, including its gas-fired generation projects and its wind power generation project.