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Norse Atlantic ASA (FRA:9LG0) Scaled Net Operating Assets : 0.65 (As of Sep. 2024)


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What is Norse Atlantic ASA 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.

Norse Atlantic ASA's operating assets for the quarter that ended in Sep. 2024 was €954.5 Mil. Norse Atlantic ASA's operating liabilities for the quarter that ended in Sep. 2024 was €279.2 Mil. Norse Atlantic ASA's Total Assets for the quarter that ended in Jun. 2024 was €1,038.3 Mil. Therefore, Norse Atlantic ASA's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.65.


Norse Atlantic ASA Scaled Net Operating Assets Historical Data

The historical data trend for Norse Atlantic ASA'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.

Norse Atlantic ASA Scaled Net Operating Assets Chart

Norse Atlantic ASA Annual Data
Trend Dec21 Dec22 Dec23
Scaled Net Operating Assets
0.46 3.80 0.75

Norse Atlantic ASA Quarterly Data
Feb20 Jun21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.76 0.75 0.74 0.71 0.65

Competitive Comparison of Norse Atlantic ASA's Scaled Net Operating Assets

For the Airlines subindustry, Norse Atlantic ASA'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.


Norse Atlantic ASA's Scaled Net Operating Assets Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Norse Atlantic ASA's Scaled Net Operating Assets distribution charts can be found below:

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



Norse Atlantic ASA 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.

Norse Atlantic ASA'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 )
=(957.17-182.488)/1029.187
=0.75

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=993.236 - 36.066
=957.17

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1075.488 - 827.269 - 65.731
=182.488

Norse Atlantic ASA'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 )
=(954.513-279.24)/1038.278
=0.65

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=965.458 - 10.945
=954.513

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1131.686 - 762.356 - 90.09
=279.24

* 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.


Norse Atlantic ASA Scaled Net Operating Assets Related Terms

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Norse Atlantic ASA Business Description

Traded in Other Exchanges
Address
Floyveien 14, Arendal, NOR, 4838
Norse Atlantic ASA is a new airline serving the low-cost, intercontinental market between popular European and The USA destinations with a fleet of modern, fuel-efficient, and more environmentally friendly. Geographically, the company operates in Norway. United Kingdom, Europe, The USA, Rest of Europe and Other.

Norse Atlantic ASA Headlines

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