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Tootsie Roll Industries (Tootsie Roll Industries) Scaled Net Operating Assets : 0.63 (As of Dec. 2023)


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What is Tootsie Roll 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.

Tootsie Roll Industries's operating assets for the quarter that ended in Dec. 2023 was $913.0 Mil. Tootsie Roll Industries's operating liabilities for the quarter that ended in Dec. 2023 was $245.4 Mil. Tootsie Roll Industries's Total Assets for the quarter that ended in Sep. 2023 was $1,065.9 Mil. Therefore, Tootsie Roll Industries's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.63.


Tootsie Roll Industries Scaled Net Operating Assets Historical Data

The historical data trend for Tootsie Roll 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.

Tootsie Roll Industries Scaled Net Operating Assets Chart

Tootsie Roll Industries 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 0.56 0.58 0.65 0.64 0.66

Tootsie Roll 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 0.63 0.67 0.68 0.66 0.63

Competitive Comparison of Tootsie Roll Industries's Scaled Net Operating Assets

For the Confectioners subindustry, Tootsie Roll 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.


Tootsie Roll Industries's Scaled Net Operating Assets Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tootsie Roll Industries's Scaled Net Operating Assets distribution charts can be found below:

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



Tootsie Roll 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.

Tootsie Roll Industries'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 )
=(912.969-245.389)/1018.779
=0.66

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1084.391 - 171.422
=912.969

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=261.284 - 13.518 - 2.377
=245.389

Tootsie Roll 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 )
=(912.969-245.389)/1065.908
=0.63

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1084.391 - 171.422
=912.969

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=261.284 - 13.518 - 2.377
=245.389

* 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.


Tootsie Roll Industries Scaled Net Operating Assets Related Terms

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Tootsie Roll Industries (Tootsie Roll Industries) Business Description

Traded in Other Exchanges
Address
7401 South Cicero Avenue, Chicago, IL, USA, 60629
Tootsie Roll Industries Inc manufactures and sells candy products. Notable varieties include Tootsie Roll and Tootsie Pops, Charms, Blow-Pops, Dots, Junior Mints, Sugar Daddy and Sugar Babies, Andes, Dubble Bubble, and Razzles. The company sells its products to wholesale distributors and directly to retail stores. Geographically, it generates a majority of its revenue from the United States.
Executives
Henry G Mills officer: Vice President C/O TOOTSIE ROLL INDUSTRIES, INC., 7401 S. CICERO AVE, CHICAGO IL 60629
Leigh R Weiner 10 percent owner
Virginia L Gordon director C/O TOOTSIE ROLL INDUSTRIES, INC., 7401 S. CICERO AVE, CHICAGO IL 60629
Stephen Green officer: VP Manufacturing C/O TOOTAIE ROLL INDUSTRIES, INC., 7401 S. CICERO AVE., CHICAGO IL 60629
Ellen R Gordon director, 10 percent owner, officer: President
Lewis Brent Lana Jane director
Newlin John W. Jr. officer: Vice President-Mfg. C/O TOOTSIE ROLL INDUSTRIES, INC., 7401 S. CICERO AVENUE, CHICAGO IL 60629
Barre A Seibert director C/O TOOTSIE ROLL INDUSTRIES, INC., 7401 S. CICERO AVE, CHICAGO IL 60629
G Howard Ember officer: CFO
John P Majors officer: VP-Logistics TOOTSIE ROLL INDUSTRIES, INC., 7401 S. CICERO AVE., CHICAGO IL 60629
Melvin J Gordon director, 10 percent owner, officer: Chairman