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GE Vernova (FRA:Y5C) Scaled Net Operating Assets : 0.06 (As of Sep. 2024)


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What is GE Vernova 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.

GE Vernova's operating assets for the quarter that ended in Sep. 2024 was €39,156 Mil. GE Vernova's operating liabilities for the quarter that ended in Sep. 2024 was €36,342 Mil. GE Vernova's Total Assets for the quarter that ended in Jun. 2024 was €44,640 Mil. Therefore, GE Vernova's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.06.


GE Vernova Scaled Net Operating Assets Historical Data

The historical data trend for GE Vernova'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.

GE Vernova Scaled Net Operating Assets Chart

GE Vernova Annual Data
Trend Dec21 Dec22 Dec23
Scaled Net Operating Assets
- - 0.12

GE Vernova Quarterly Data
Dec21 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only - - 0.14 0.09 0.06

Competitive Comparison of GE Vernova's Scaled Net Operating Assets

For the Utilities - Renewable subindustry, GE Vernova'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.


GE Vernova's Scaled Net Operating Assets Distribution in the Utilities - Independent Power Producers Industry

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

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



GE Vernova 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.

GE Vernova'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 )
=(39978.449-35053.242)/41980.624
=0.12

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=43276.898 - 3298.449
=39978.449

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=35053.242 - 0 - 0
=35053.242

GE Vernova'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 )
=(39155.658-36341.835)/44640.308
=0.06

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=45818.553 - 6662.895
=39155.658

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=36341.835 - 0 - 0
=36341.835

* 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.


GE Vernova Scaled Net Operating Assets Related Terms

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GE Vernova Business Description

Comparable Companies
Traded in Other Exchanges
Address
58 Charles Street, Cambridge, MA, USA
GE Vernova is a global leader in the electric power industry, with products and services that generate, transfer, convert, and store electricity. The company has three business segments: power, wind, and electrification. Power includes gas, nuclear, hydroelectric, and steam technologies, providing dispatchable power. The wind segment includes wind generation technologies, inclusive of onshore and offshore wind turbines and blades. Electrification includes grid solutions, power conversion, electrification software, and solar and storage solutions technologies required for the transmission, distribution, conversion, and storage of electricity from the point of generation to point of consumption.

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