GLUX (Great Lakes Aviation) Scaled Net Operating Assets: 0.85 (As of Sep. 2015)


What is Great Lakes Aviation Scaled Net Operating Assets?

Great Lakes Aviation GLUX Scaled Net Operating Assets is 0.85 as of Sep. 2015.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Great Lakes Aviation's operating assets for the quarter that ended in Sep. 2015 was $57.67 Mil. Great Lakes Aviation's operating liabilities for the quarter that ended in Sep. 2015 was $7.25 Mil. Great Lakes Aviation's Total Assets for the quarter that ended in Jun. 2015 was $59.11 Mil. Therefore, Great Lakes Aviation's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2015 was 0.85.

Great Lakes Aviation Scaled Net Operating Assets Historical Data

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The historical data trend for Great Lakes Aviation'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.

Great Lakes Aviation Scaled Net Operating Assets Chart

Great Lakes Aviation Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.79 0.74 0.74 0.67 0.69

Great Lakes Aviation Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 0.78 0.80 0.82 0.85 0.85

GLUX vs MESA: Scaled Net Operating Assets Comparison

For the Airlines subindustry, Great Lakes Aviation'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.

Great Lakes Aviation Scaled Net Operating Assets vs Transportation Industry

For the Transportation industry and Industrials sector, Great Lakes Aviation's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Great Lakes Aviation's Scaled Net Operating Assets falls into.


Great Lakes Aviation 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.

Great Lakes Aviation's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2014 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2014 )
=(Operating Assets (A: Dec. 2014 )-Operating Liabilities (A: Dec. 2014 ))/Total Assets (A: Dec. 2013 )
=(62.06-8.014)/77.879
=0.69

where

Operating Assets(A: Dec. 2014 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=64.262 - 2.202
=62.06

Operating Liabilities(A: Dec. 2014 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=33.014 - 25 - 0
=8.014

Great Lakes Aviation's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2015 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2015 )
=(Operating Assets (Q: Sep. 2015 )-Operating Liabilities (Q: Sep. 2015 ))/Total Assets (Q: Jun. 2015 )
=(57.67-7.253)/59.113
=0.85

where

Operating Assets(Q: Sep. 2015 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=58.592 - 0.922
=57.67

Operating Liabilities(Q: Sep. 2015 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=34.753 - 0 - 27.5
=7.253

* 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.

What does a Scaled Net Operating Assets of 0.85 mean?
Great Lakes Aviation (GLUX) has a Scaled Net Operating Assets of 0.85 as of Sep. 2015. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Great Lakes Aviation and its competitors.
Is Great Lakes Aviation's Scaled Net Operating Assets too high?
Great Lakes Aviation's current Scaled Net Operating Assets is 0.85.
How does Great Lakes Aviation's Scaled Net Operating Assets compare to MESA?
Great Lakes Aviation's Scaled Net Operating Assets of 0.85 can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Transportation company?
A good Scaled Net Operating Assets depends on the Transportation industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Great Lakes Aviation and its competitors. Great Lakes Aviation's current Scaled Net Operating Assets is 0.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Great Lakes Aviation stock overvalued right now?
Great Lakes Aviation (GLUX) has a current Scaled Net Operating Assets of 0.85. The current Scaled Net Operating Assets is 0.85. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Great Lakes Aviation (GLUX), the current Scaled Net Operating Assets is 0.85 as of Sep. 2015. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Great Lakes Aviation Business Description

Address 1022 Airport Parkway, Cheyenne, WY, USA, 82001
Great Lakes Aviation Ltd is the United States based regional airline operating as an independent carrier.