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H&E Equipment Services (FRA:H6P) Scaled Net Operating Assets : 0.85 (As of Mar. 2024)


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What is H&E Equipment Services 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.

H&E Equipment Services's operating assets for the quarter that ended in Mar. 2024 was €2,529 Mil. H&E Equipment Services's operating liabilities for the quarter that ended in Mar. 2024 was €464 Mil. H&E Equipment Services's Total Assets for the quarter that ended in Dec. 2023 was €2,421 Mil. Therefore, H&E Equipment Services's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.85.


H&E Equipment Services Scaled Net Operating Assets Historical Data

The historical data trend for H&E Equipment Services'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.

H&E Equipment Services Scaled Net Operating Assets Chart

H&E Equipment Services 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 0.96 0.61 0.73 0.89 0.91

H&E Equipment Services Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 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 Premium Member Only Premium Member Only Premium Member Only 0.77 0.80 0.81 0.81 0.85

Competitive Comparison of H&E Equipment Services's Scaled Net Operating Assets

For the Rental & Leasing Services subindustry, H&E Equipment Services'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.


H&E Equipment Services's Scaled Net Operating Assets Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, H&E Equipment Services's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where H&E Equipment Services's Scaled Net Operating Assets falls into.



H&E Equipment Services 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.

H&E Equipment Services'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 )
=(2412.981-453.281)/2163.364
=0.91

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2420.775 - 7.794
=2412.981

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1930.832 - 1477.551 - 0
=453.281

H&E Equipment Services'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 )
=(2528.776-464.406)/2420.775
=0.85

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2537.126 - 8.35
=2528.776

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2030.503 - 1566.097 - 0
=464.406

* 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.


H&E Equipment Services Scaled Net Operating Assets Related Terms

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H&E Equipment Services (FRA:H6P) Business Description

Traded in Other Exchanges
Address
7500 Pecue Lane, Baton Rouge, LA, USA, 70809
H&E Equipment Services Inc is an integrated equipment services company. It is focused on heavy construction and industrial equipment. It rents, sells, and provides parts and services support for four core categories of equipment including hi-lift or aerial work platform equipment, cranes, earthmoving equipment, and industrial lift trucks. It engages in five principal business activities: equipment rentals; new equipment sales; used equipment sales; parts sales; and repair and maintenance services. The majority of its revenue is derived from the equipment rentals segment.

H&E Equipment Services (FRA:H6P) Headlines

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