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Minerva Knitwear (ATH:MIN) Scaled Net Operating Assets : 0.80 (As of Dec. 2023)


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What is Minerva Knitwear 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.

Minerva Knitwear's operating assets for the quarter that ended in Dec. 2023 was €27.49 Mil. Minerva Knitwear's operating liabilities for the quarter that ended in Dec. 2023 was €5.97 Mil. Minerva Knitwear's Total Assets for the quarter that ended in Jun. 2023 was €27.03 Mil. Therefore, Minerva Knitwear's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.80.

Minerva Knitwear Scaled Net Operating Assets Historical Data

The historical data trend for Minerva Knitwear'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.

Minerva Knitwear Scaled Net Operating Assets Chart

Minerva Knitwear Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial 0.93 0.81 0.78 0.82 0.79

Minerva Knitwear Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.78 0.86 0.77 0.77 0.80

Competitive Comparison of Minerva Knitwear's Scaled Net Operating Assets

For the Textile Manufacturing subindustry, Minerva Knitwear'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.

Minerva Knitwear's Scaled Net Operating Assets Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Minerva Knitwear's Scaled Net Operating Assets distribution charts can be found below:

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


Minerva Knitwear 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.

Minerva Knitwear'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 )
=(27.487-5.973)/27.221
=0.79

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=27.834 - 0.347
=27.487

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=23.489 - 4.147 - 13.369
=5.973

Minerva Knitwear'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: Jun. 2023 )
=(27.487-5.973)/27.027
=0.80

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=27.834 - 0.347
=27.487

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=23.489 - 4.147 - 13.369
=5.973

* 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.

Minerva Knitwear Scaled Net Operating Assets Related Terms

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Minerva Knitwear (ATH:MIN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Minerva Knitwear SA (ATH:MIN) » Definitions » Scaled Net Operating Assets
Comparable Companies
ATH:LANAC ATH:AAAK HKSE:02313 SHSE:600346 SZSE:000301 IST:SASA TSE:3402 TPE:1402 SHSE:601233 BOM:532889 SHSE:600295 AIN SZSE:000158 BOM:521064 TPE:2915 BOM:514162 BOM:500330 SHSE:603055 SHSE:603306 SHSE:600370
Traded in Other Exchanges
N/A
Address
6th klm Thessaloniki - Oraiokastro, Thessaloniki, GRC, 564 29
Website
http://www.minerva.gr
Minerva Knitwear SA is engaged in manufacturing, processing and trading of woollen and cotton products, and other textile raw materials. The company's products include men's, women's and children's underwear, men's, women's and children's sleep body-suits-pyjamas, Home-wear clothes for the winter and beachwear for the summer, blouses, T-Shirts, and women's Lingerie.