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Tidewater Renewables (FRA:7GZ) Scaled Net Operating Assets : 0.76 (As of Mar. 2024)


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What is Tidewater Renewables 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.

Tidewater Renewables's operating assets for the quarter that ended in Mar. 2024 was €726.7 Mil. Tidewater Renewables's operating liabilities for the quarter that ended in Mar. 2024 was €163.9 Mil. Tidewater Renewables's Total Assets for the quarter that ended in Dec. 2023 was €742.8 Mil. Therefore, Tidewater Renewables's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.76.


Tidewater Renewables Scaled Net Operating Assets Historical Data

The historical data trend for Tidewater Renewables'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.

Tidewater Renewables Scaled Net Operating Assets Chart

Tidewater Renewables Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial - 0.82 8.77 1.04 0.85

Tidewater Renewables Quarterly Data
Dec18 Dec19 Mar20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.80 0.82 0.83 0.81 0.76

Competitive Comparison of Tidewater Renewables's Scaled Net Operating Assets

For the Utilities - Renewable subindustry, Tidewater Renewables'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.


Tidewater Renewables's Scaled Net Operating Assets Distribution in the Utilities - Independent Power Producers Industry

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

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



Tidewater Renewables 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.

Tidewater Renewables'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 )
=(742.699-155.823)/690.243
=0.85

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=742.771 - 0.072
=742.699

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=392.043 - 98.41 - 137.81
=155.823

Tidewater Renewables's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2024 )
=(Operating Assets (Q: Mar. 2024 )-Operating Liabilities (Q: Mar. 2024 ))/Total Assets (Q: Dec. 2023 )
=(726.699-163.905)/742.771
=0.76

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=734.941 - 8.242
=726.699

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=380.379 - 97.87 - 118.604
=163.905

* 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.


Tidewater Renewables Scaled Net Operating Assets Related Terms

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Tidewater Renewables (FRA:7GZ) Business Description

Traded in Other Exchanges
Address
222 - 3rd Avenue SW, Suite 900, Calgary, AB, CAN, T2P 0B4
Tidewater Renewables Ltd has been formed to become a multi-faceted, energy transition company. It is focused on the production of low-carbon fuels, including renewable diesel, renewable hydrogen, and renewable natural gas, as well as carbon capture. The corporation generates revenue from the sale of renewable products. The renewable energy operating segment includes the following revenue categories: renewable fuels and renewable natural gas.

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