CHS (CHSCN.PFD) Scaled Net Operating Assets: 0.75 (As of Feb. 2019)


What is CHS Scaled Net Operating Assets?

CHS CHSCN.PFD -0.60% Scaled Net Operating Assets is 0.75 as of Feb. 2019. The stock has 1 warning sign investors should review.

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

CHS's operating assets for the quarter that ended in Feb. 2019 was $16,568.87 Mil. CHS's operating liabilities for the quarter that ended in Feb. 2019 was $3,978.45 Mil. CHS's Total Assets for the quarter that ended in Nov. 2018 was $16,853.76 Mil. Therefore, CHS's scaled net operating assets (SNOA) for the quarter that ended in Feb. 2019 was 0.75.


CHS Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for CHS'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.

CHS Scaled Net Operating Assets Chart

CHS Annual Data
Trend Aug09 Aug10 Aug11 Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.53 0.61 0.83 0.68 0.75

CHS Quarterly Data
May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19
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 0.76 0.73 0.70 0.75 0.75

CHSCN.PFD vs RSSFF, NWGFF, TURV: Scaled Net Operating Assets Comparison

For the Farm Products subindustry, CHS'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.


CHS Scaled Net Operating Assets vs Consumer Packaged Goods Industry

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

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



CHS 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.

CHS's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Aug. 2018 is calculated as

Scaled Net Operating Assets (SNOA)(A: Aug. 2018 )
=(Operating Assets (A: Aug. 2018 )-Operating Liabilities (A: Aug. 2018 ))/Total Assets (A: Aug. 2017 )
=(15930.561-4013.699)/15818.922
=0.75

where

Operating Assets(A: Aug. 2018 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=16381.178 - 450.617
=15930.561

Operating Liabilities(A: Aug. 2018 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=8216.15 - 1762.69 - 2439.761
=4013.699

CHS's Scaled Net Operating Assets (SNOA) for the quarter that ended in Feb. 2019 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Feb. 2019 )
=(Operating Assets (Q: Feb. 2019 )-Operating Liabilities (Q: Feb. 2019 ))/Total Assets (Q: Nov. 2018 )
=(16568.867-3978.448)/16853.756
=0.75

where

Operating Assets(Q: Feb. 2019 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=16936.174 - 367.307
=16568.867

Operating Liabilities(Q: Feb. 2019 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=8533.945 - 1744.502 - 2810.995
=3978.448

* 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.

What does a Scaled Net Operating Assets of 0.75 mean?
CHS (CHSCN.PFD) has a Scaled Net Operating Assets of 0.75 as of Feb. 2019. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on CHS and its competitors.
Is CHS's Scaled Net Operating Assets too high?
CHS's current Scaled Net Operating Assets is 0.75.
How does CHS's Scaled Net Operating Assets compare to RSSFF and NWGFF?
CHS's Scaled Net Operating Assets of 0.75 can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Consumer Packaged Goods company?
A good Scaled Net Operating Assets depends on the Consumer Packaged Goods industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on CHS and its competitors. CHS's current Scaled Net Operating Assets is 0.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CHS stock overvalued right now?
CHS (CHSCN.PFD) has a current Scaled Net Operating Assets of 0.75. The current Scaled Net Operating Assets is 0.75. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For CHS (CHSCN.PFD), the current Scaled Net Operating Assets is 0.75 as of Feb. 2019. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

CHS Business Description

Address 5500 Cenex Drive, Inver Grove Heights, MN, USA, 55077
CHS Inc is an integrated agricultural enterprise, that provides grain, food, and energy resources to businesses and consumers. Its Energy segment produces and provides wholesale distribution of petroleum products and transportation of those products. Its Ag segment, which is the key revenue driver, purchases and processes or resells grains and oilseeds; serves as a wholesaler and retailer of crop inputs; produces and markets ethanol. Its Nitrogen Production segment consists of equity method investment in CF Nitrogen, which entitles the purchase of up to a specified quantity of granular urea and UAN annually from CF Nitrogen. Geographically, the company derives maximum revenue from North America and the rest from South America, Asia Pacific, Europe, Middle East, and Africa (EMEA).