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HERXF (Heroux-Devtek) Scaled Net Operating Assets : 0.67 (As of Sep. 2024)


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What is Heroux-Devtek 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.

Heroux-Devtek's operating assets for the quarter that ended in Sep. 2024 was $707.6 Mil. Heroux-Devtek's operating liabilities for the quarter that ended in Sep. 2024 was $259.0 Mil. Heroux-Devtek's Total Assets for the quarter that ended in Jun. 2024 was $671.7 Mil. Therefore, Heroux-Devtek's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.67.


Heroux-Devtek Scaled Net Operating Assets Historical Data

The historical data trend for Heroux-Devtek'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.

Heroux-Devtek Scaled Net Operating Assets Chart

Heroux-Devtek Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.65 0.68 0.61 0.63 0.79

Heroux-Devtek Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.73 0.75 0.72 0.71 0.67

Competitive Comparison of Heroux-Devtek's Scaled Net Operating Assets

For the Aerospace & Defense subindustry, Heroux-Devtek'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.


Heroux-Devtek's Scaled Net Operating Assets Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Heroux-Devtek's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Heroux-Devtek's Scaled Net Operating Assets falls into.



Heroux-Devtek 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.

Heroux-Devtek's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2024 )
=(Operating Assets (A: Mar. 2024 )-Operating Liabilities (A: Mar. 2024 ))/Total Assets (A: Mar. 2023 )
=(666.119-194.857)/600.261
=0.79

where

Operating Assets(A: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=673.333 - 7.214
=666.119

Operating Liabilities(A: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=355.929 - 149.057 - 12.015
=194.857

Heroux-Devtek'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 )
=(707.614-259.045)/671.708
=0.67

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=708.464 - 0.85
=707.614

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=362.077 - 90.106 - 12.926
=259.045

* 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.


Heroux-Devtek Scaled Net Operating Assets Related Terms

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Heroux-Devtek Business Description

Traded in Other Exchanges
Address
1111 Saint-Charles Ouest, Suite 600, Tour Ouest, Complexe Saint-Charles, Longueuil, QC, CAN, J4K 5G4
Heroux-Devtek Inc designs develops, manufactures, and repairs landing gear and actuation systems and components for the aerospace market. It also provides hydraulic and electromechanical flight control actuators, custom ball screws, and fracture-critical components. Geographically, the company generates a majority of its revenue from the United States and the rest from the United Kingdom, Canada, Spain, and other regions.

Heroux-Devtek Headlines

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