HP (WBO:HPQ) Scaled Net Operating Assets

: 0.18 (As of Jan. 2024)

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Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

HP's operating assets for the quarter that ended in Jan. 2024 was €30,829 Mil. HP's operating liabilities for the quarter that ended in Jan. 2024 was €24,375 Mil. HP's Total Assets for the quarter that ended in Oct. 2023 was €35,043 Mil. Therefore, HP's scaled net operating assets (SNOA) for the quarter that ended in Jan. 2024 was 0.18.

HP Scaled Net Operating Assets Historical Data

The historical data trend for HP'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.

HP Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Scaled Net Operating Assets

-0.02

0.08

0.19

0.16

HP Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Scaled Net Operating Assets																0.17	0.21	0.19	0.19	0.18

Competitive Comparison

For the Computer Hardware subindustry, HP'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.

HP Scaled Net Operating Assets Distribution

For the Hardware industry and Technology sector, HP's Scaled Net Operating Assets distribution charts can be found below:

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

HP 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.

HP's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Oct. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Oct. 2023 )
=	(Operating Assets (A: Oct. 2023 )	-	Operating Liabilities (A: Oct. 2023 ))	/	Total Assets (A: Oct. 2022 )
=	(32100.459	-	25885.298)	/	39071.41
=	0.16

where

	Operating Assets		(A: Oct. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	35042.788	-	2942.329
=	32100.459

	Operating Liabilities		(A: Oct. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	36055.131	-	9544.813	-	625.02
=	25885.298

HP's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jan. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Jan. 2024 )
=	(Operating Assets (Q: Jan. 2024 )	-	Operating Liabilities (Q: Jan. 2024 ))	/	Total Assets (Q: Oct. 2023 )
=	(30829.194	-	24374.736)	/	35042.788
=	0.18

where

	Operating Assets		(Q: Jan. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	32906.628	-	2077.434
=	30829.194

	Operating Liabilities		(Q: Jan. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	34412.148	-	9286.488	-	750.924
=	24374.736

HP Scaled Net Operating Assets Related Terms

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HP (WBO:HPQ) Business Description

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Comparable Companies

Traded in Other Exchanges

HPQ:USA HPQ:Mexico 1HPQ:Italy 7HP:Germany HPQB34:Brazil HPQ:Argentina

Address

1501 Page Mill Road, Palo Alto, CA, USA, 94304

Website

https://www.hp.com

HP (formerly Hewlett-Packard) is a behemoth in the PC and printing markets. It has focused on these markets since it exited IT infrastructure in 2015 with the split from Hewlett Packard Enterprise. HP focuses on the commercial market, but maintains sales of consumer devices and printers. The firm has a broad and global customer base, with only one third of sales coming from the U.S. It completely outsources manufacturing and relies heavily on channel partners for its sales and marketing.