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ALCE (Alternus Clean Energy) Scaled Net Operating Assets : -0.57 (As of Sep. 2024)


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What is Alternus Clean Energy 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.

Alternus Clean Energy's operating assets for the quarter that ended in Sep. 2024 was $91.99 Mil. Alternus Clean Energy's operating liabilities for the quarter that ended in Sep. 2024 was $141.00 Mil. Alternus Clean Energy's Total Assets for the quarter that ended in Jun. 2024 was $86.61 Mil. Therefore, Alternus Clean Energy's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was -0.57.


Alternus Clean Energy Scaled Net Operating Assets Historical Data

The historical data trend for Alternus Clean Energy'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.

Alternus Clean Energy Scaled Net Operating Assets Chart

Alternus Clean Energy Annual Data
Trend Dec21 Dec22 Dec23
Scaled Net Operating Assets
0.80 0.75 0.74

Alternus Clean Energy Quarterly Data
Dec21 Mar22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.25 0.51 -0.57

Competitive Comparison of Alternus Clean Energy's Scaled Net Operating Assets

For the Utilities - Renewable subindustry, Alternus Clean Energy'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.


Alternus Clean Energy's Scaled Net Operating Assets Distribution in the Utilities - Independent Power Producers Industry

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

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



Alternus Clean Energy 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.

Alternus Clean Energy'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 )
=(180.668-49.571)/178.315
=0.74

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=185.286 - 4.618
=180.668

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=248.54 - 1.252 - 197.717
=49.571

Alternus Clean Energy's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2024 )
=(Operating Assets (Q: Sep. 2024 )-Operating Liabilities (Q: Sep. 2024 ))/Total Assets (Q: Jun. 2024 )
=(91.986-140.997)/86.611
=-0.57

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=92.276 - 0.29
=91.986

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=174.964 - 1.072 - 32.895
=140.997

* 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.


Alternus Clean Energy Scaled Net Operating Assets Related Terms

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Alternus Clean Energy Business Description

Traded in Other Exchanges
N/A
Address
360 Kingsley Park Drive, Suite 250, Fort Mill, SC, USA, 29715
Alternus Clean Energy Inc is an international independent clean energy producer. It develops, installs, owns and operates a diverse portfolio of utility-scale solar photovoltaic power stations (PV parks) in Europe and the USA as a long-term owner. The solar parks benefit from long-term government offtake contracts and/or Power Purchase Agreements (PPAs) with investment grade off-takers, plus energy sales to local power grids. It has approximately 8 operating parks, a total of 44 MWp in operation.