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GE Vernova (GE Vernova) Scaled Net Operating Assets : 0.14 (As of Mar. 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 Mar. 2024 was $44,617 Mil. GE Vernova's operating liabilities for the quarter that ended in Mar. 2024 was $37,891 Mil. GE Vernova's Total Assets for the quarter that ended in Dec. 2023 was $47,194 Mil. Therefore, GE Vernova's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.14.


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.

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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 Dec23 Mar24
Scaled Net Operating Assets - - - - 0.14

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 )
=(43597-38226)/44471
=0.12

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=47194 - 3597
=43597

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=38226 - 0 - 0
=38226

GE Vernova'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 )
=(44617-37891)/47194
=0.14

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=47872 - 3255
=44617

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=37891 - 0 - 0
=37891

* 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 (GE Vernova) Business Description

Comparable Companies
Traded in Other Exchanges
Address
58 Charles Street, Cambridge, MA, USA
GE Vernova operates through its subsidiaries is a purpose-built global energy company spanning the power, wind and electrification segments, supported by advanced research, consulting and financial services accelerators. It helps customers improve energy efficiency and deliver electricity that is critical to improving health, safety and quality of life.

GE Vernova (GE Vernova) Headlines

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