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NewMarket (NewMarket) Scaled Net Operating Assets : 0.74 (As of Dec. 2023)


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What is NewMarket 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.

NewMarket's operating assets for the quarter that ended in Dec. 2023 was $2,197 Mil. NewMarket's operating liabilities for the quarter that ended in Dec. 2023 was $498 Mil. NewMarket's Total Assets for the quarter that ended in Sep. 2023 was $2,290 Mil. Therefore, NewMarket's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.74.


NewMarket Scaled Net Operating Assets Historical Data

The historical data trend for NewMarket'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.

NewMarket Scaled Net Operating Assets Chart

NewMarket 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 0.74 0.69 0.79 0.70 0.71

NewMarket 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 0.76 0.74 0.74 0.72 0.74

Competitive Comparison of NewMarket's Scaled Net Operating Assets

For the Specialty Chemicals subindustry, NewMarket'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.


NewMarket's Scaled Net Operating Assets Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, NewMarket's Scaled Net Operating Assets distribution charts can be found below:

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



NewMarket 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.

NewMarket'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 )
=(2196.935-498.212)/2406.818
=0.71

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2308.871 - 111.936
=2196.935

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1231.81 - 718.524 - 15.074
=498.212

NewMarket'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 )
=(2196.935-498.212)/2290.395
=0.74

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2308.871 - 111.936
=2196.935

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1231.81 - 718.524 - 15.074
=498.212

* 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.


NewMarket Scaled Net Operating Assets Related Terms

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NewMarket (NewMarket) Business Description

Industry
Traded in Other Exchanges
Address
330 South Fourth Street, Richmond, VA, USA, 23219-4350
NewMarket Corp is a holding company that, through its subsidiaries, manufactures and sells petroleum additives. Petroleum additives are used in lubricating oils and fuels to enhance their performance in machinery, vehicles, and other equipment. It comprises two broad product applications. Lubricant additives are formulated chemical solutions that, when blended with base fluids, improve the efficiency, durability, performance, and functionality of mineral oils, synthetic oils, and biodegradable fluids. Fuel additives are chemical components that help oil refiners meet fuel specifications or formulated packages that improve the performance of gasoline, diesel, biofuels, and other fuels. More revenue comes from the United States than any other geographic region.
Executives
Lowell Simmons Ukrop director 330 SOUTH 4TH ST, RICHMOND VA 23219
James E Rogers director 1021 EAST CARY STREET, PO BOX 2350, RICHMOND VA 23218-2350
Gail Ridgeway officer: Controller 330 SOUTH 4TH STREET, RICHMOND VA 23219
Ting Xu director 330 S 4TH ST, RICHMOND VA 23219
Jewett Bryce Dickinson Iii officer: VP and General Counsel 330 SOUTH 4TH STREET, RICHMOND VA 23219
Hazelgrove Bruce R Iii officer: VP - Corporate Resources 330 SOUTH FOURTH STREET, RICHMOND VA 23219
Thomas E Gottwald director, officer: President & CEO 330 SOUTH FOURTH STREET, RICHMOND VA 23219
Regina A Harm officer: President Afton Chemical Corp 330 SOUTH FOURTH STREET, RICHMOND VA 23219
Cameron D. Warner officer: Treasurer 330 SOUTH FOURTH STREET, RICHMOND VA 23219
Robert A. Shama officer: President Afton Chemical Corp 330 SOUTH FOURTH STREET, RICHMOND VA 23219
Harris H Hiter Iii director 330 SOUTH FOURTH STREET, RICHMOND VA 23219-4350
Brian D Paliotti officer: Vice President & CFO 330 SOUTH 4TH STREET, RICHMOND VA 23219
David A Fiorenza officer: Vice President and Treasurer
William J Skrobacz officer: Controller 330 SOUTH FOURTH STREET, RICHMOND VA 23219
Patrick D Hanley director 1000 SEMMES AVE, RICHMOND VA 23224