AIRO Group (AIRO Group) Scaled Net Operating Assets : 0.69 (As of Jun. 2023)

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What is AIRO Group 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.

AIRO Group's operating assets for the quarter that ended in Jun. 2023 was $244.03 Mil. AIRO Group's operating liabilities for the quarter that ended in Jun. 2023 was $70.04 Mil. AIRO Group's Total Assets for the quarter that ended in Mar. 2023 was $252.79 Mil. Therefore, AIRO Group's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2023 was 0.69.

AIRO Group Scaled Net Operating Assets Historical Data

The historical data trend for AIRO Group'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.

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AIRO Group Scaled Net Operating Assets Chart

AIRO Group Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Scaled Net Operating Assets

-5.02

-6.62

66.80

0.85

AIRO Group Quarterly Data
	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
Scaled Net Operating Assets	Get a 7-Day Free Trial					-	2.63	0.25	0.69	2.52

Competitive Comparison of AIRO Group's Scaled Net Operating Assets

For the Aerospace & Defense subindustry, AIRO Group'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.

AIRO Group's Scaled Net Operating Assets Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, AIRO Group's Scaled Net Operating Assets distribution charts can be found below:

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

AIRO Group 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.

AIRO Group'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 )
=	(733.405	-	111.101)	/	733.344
=	0.85

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	737.523	-	4.118
=	733.405

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	142.067	-	0.509	-	30.457
=	111.101

AIRO Group's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Jun. 2023 )
=	(Operating Assets (Q: Jun. 2023 )	-	Operating Liabilities (Q: Jun. 2023 ))	/	Total Assets (Q: Mar. 2023 )
=	(244.031	-	70.039)	/	252.793
=	0.69

where

	Operating Assets		(Q: Jun. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	246.803	-	2.772
=	244.031

	Operating Liabilities		(Q: Jun. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	100.253	-	0.797	-	29.417
=	70.039

AIRO Group Scaled Net Operating Assets Related Terms

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AIRO Group (AIRO Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » AIRO Group Inc (NAS:AIRO) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

5001 Indian School Road NE, Suite 100, Albuquerque, NM, USA, 87110

Website

https://www.theairogroup.com

AIRO Group Holdings Inc is a multi-faceted air mobility, autonomy & aerospace platform with differentiated technologies and capabilities dynamically addressing high-growth market trends across the entire Drone Ecosystem with a compelling range of drone technologies & services, avionics and defense training. AIRO provides a diversified product portfolio, ranging from established and mature product offerings to innovative drone and eVTOL solutions, with a balanced customer mix, both military and civil. Its wholly-owned subsidiaries are organized across four complimentary strategic divisions, each with a diverse set of partners and customers and each representing a large and fast-growing market segment: Advanced Avionics; Training; Uncrewed Air Systems; and Electric Air Mobility.

AIRO Group (AIRO Group) Headlines

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