GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Insteel Industries Inc (NYSE:IIIN) » Definitions » Scaled Net Operating Assets

IIIN (Insteel Industries) Scaled Net Operating Assets : 0.58 (As of Sep. 2024)


View and export this data going back to 1992. Start your Free Trial

What is Insteel Industries 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.

Insteel Industries's operating assets for the quarter that ended in Sep. 2024 was $311.0 Mil. Insteel Industries's operating liabilities for the quarter that ended in Sep. 2024 was $70.0 Mil. Insteel Industries's Total Assets for the quarter that ended in Jun. 2024 was $414.6 Mil. Therefore, Insteel Industries's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.58.


Insteel Industries Scaled Net Operating Assets Historical Data

The historical data trend for Insteel Industries'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.

Insteel Industries Scaled Net Operating Assets Chart

Insteel Industries Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.68 0.63 0.88 0.55 0.54

Insteel Industries 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 0.58 0.56 0.66 0.63 0.58

Competitive Comparison of Insteel Industries's Scaled Net Operating Assets

For the Metal Fabrication subindustry, Insteel Industries'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.


Insteel Industries's Scaled Net Operating Assets Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Insteel Industries's Scaled Net Operating Assets distribution charts can be found below:

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



Insteel Industries 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.

Insteel Industries's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Sep. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Sep. 2024 )
=(Operating Assets (A: Sep. 2024 )-Operating Liabilities (A: Sep. 2024 ))/Total Assets (A: Sep. 2023 )
=(311.014-70.009)/447.513
=0.54

where

Operating Assets(A: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=422.552 - 111.538
=311.014

Operating Liabilities(A: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=71.697 - 0.811 - 0.877
=70.009

Insteel Industries'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 )
=(311.014-70.009)/414.615
=0.58

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=422.552 - 111.538
=311.014

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=71.697 - 0.811 - 0.877
=70.009

* 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.


Insteel Industries Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of Insteel Industries's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Insteel Industries Business Description

Traded in Other Exchanges
Address
1373 Boggs Drive, Mount Airy, NC, USA, 27030
Insteel Industries Inc manufactures steel wire reinforcing products for concrete construction applications. It manufactures and markets PC strand and welded wire reinforcement, including ESM, concrete pipe reinforcement, and standard welded wire reinforcement. The company's products are sold to manufacturers of concrete products that are used in nonresidential construction. Its concrete reinforcing products consist of two product lines: PC strand and WWR. Insteel generates its geographical revenue from the United States.
Executives
Richard Wagner officer: Vice President 1373 BOGGS DRIVE, MOUNT AIRY NC 27030
James F Petelle officer: Vice President 1373 BOGGS DRIVE, MOUNT AIRY NC 27030
Elizabeth Carroll Southern officer: Vice President-Administration 1373 BOGGS DRIVE, MOUNT AIRY NC 27030
Patrick K. Griffin officer: Controller and CAO 1373 BOGGS DRIVE, MOUNT AIRY NC 27030
Scot R Jafroodi officer: Chief Accounting Officer 1373 BOGGS DRIVE, MOUNT AIRY NC 27030
Woltz H O Iii director, officer: President and CEO 1373 BOGGS DR, MT AIRY NC 27030
James R. York officer: Senior Vice President 1373 BOGGS DRIVE, MOUNT AIRY NC 27030
Mark A Carano officer: Vice President and CFO 13024 BALLANTYNE CORPORATE PLACE, #700, CHARLOTTE NC 28277
Joseph A Rutkowski director 2100 REXFORD RD, CHARLOTTE NC 28211
Jon M Ruth director 1373 BOGGS DRIVE, MOUNT AIRY NC 27030
G Kennedy Thompson director 3000 HANOVER STREET, PALO ALTO CA 94304
Anne H Lloyd director
Michael C Gazmarian officer: Treasurer 1373 BOGGS DR, MT AIRY NC 27030
Charles B Newsome director 1373 BOGGS DR, MT AIRY NC 27030
Rogers W Allen Ii director 1373 BOGGS DR, MT AIRY NC 27030