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Air Arabia PJSC (DFM:AIRARABIA) Scaled Net Operating Assets : 0.31 (As of Dec. 2023)


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What is Air Arabia PJSC 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.

Air Arabia PJSC's operating assets for the quarter that ended in Dec. 2023 was د.إ9,428 Mil. Air Arabia PJSC's operating liabilities for the quarter that ended in Dec. 2023 was د.إ4,860 Mil. Air Arabia PJSC's Total Assets for the quarter that ended in Sep. 2023 was د.إ14,787 Mil. Therefore, Air Arabia PJSC's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.31.


Air Arabia PJSC Scaled Net Operating Assets Historical Data

The historical data trend for Air Arabia PJSC'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.

Air Arabia PJSC Scaled Net Operating Assets Chart

Air Arabia PJSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.58 0.44 0.43 0.39 0.32

Air Arabia PJSC Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.36 0.29 0.33 0.34 0.31

Competitive Comparison of Air Arabia PJSC's Scaled Net Operating Assets

For the Airlines subindustry, Air Arabia PJSC'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.


Air Arabia PJSC's Scaled Net Operating Assets Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Air Arabia PJSC's Scaled Net Operating Assets distribution charts can be found below:

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



Air Arabia PJSC 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.

Air Arabia PJSC'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 )
=(9428.167-4860.497)/14437.063
=0.32

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=14674.544 - 5246.377
=9428.167

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=7139.454 - 1598.437 - 680.52
=4860.497

Air Arabia PJSC'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: Sep. 2023 )
=(9428.167-4860.497)/14786.785
=0.31

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=14674.544 - 5246.377
=9428.167

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=7139.454 - 1598.437 - 680.52
=4860.497

* 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.


Air Arabia PJSC Scaled Net Operating Assets Related Terms

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Air Arabia PJSC (DFM:AIRARABIA) Business Description

Traded in Other Exchanges
N/A
Address
P.O. Box 132, Sharjah, ARE
Air Arabia PJSC is a group of airlines and companies offering travel and tourism services around the world. It consists of a handful of international hubs located in North Africa and the Middle East. Additionally, it provides ground handling and MRO (maintenance, repair, and overhaul), flight simulators and training, and hospitality services. Flight destinations are spread across North Africa, the Middle East, Asia, and Europe.

Air Arabia PJSC (DFM:AIRARABIA) Headlines

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