JAG (Job Aire Group) Scaled Net Operating Assets: 0.58 (As of Jun. 2024)


What is Job Aire Group Scaled Net Operating Assets?

Job Aire Group JAG Scaled Net Operating Assets is 0.58 as of Jun. 2024.

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

Job Aire Group's operating assets for the quarter that ended in Jun. 2024 was $5.42 Mil. Job Aire Group's operating liabilities for the quarter that ended in Jun. 2024 was $1.40 Mil. Job Aire Group's Total Assets for the quarter that ended in Mar. 2024 was $6.95 Mil. Therefore, Job Aire Group's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2024 was 0.58.

Job Aire Group Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Job Aire Group'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.

Job Aire Group Scaled Net Operating Assets Chart

Job Aire Group Annual Data
Trend Dec21 Dec22 Dec23
Scaled Net Operating Assets
0.84 0.74 1.14

Job Aire Group Quarterly Data
Dec21 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.57 0.77 0.58

JAG vs : Scaled Net Operating Assets Comparison

For the Airports & Air Services subindustry, Job Aire Group'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.

Job Aire Group Scaled Net Operating Assets vs Transportation Industry

For the Transportation industry and Industrials sector, Job Aire Group's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Job Aire Group's Scaled Net Operating Assets falls into.


Job Aire Group 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.

Job Aire Group'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 )
=(4.6-1.024)/3.149
=1.14

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5.91 - 1.31
=4.6

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.29 - 0.136 - 0.13
=1.024

Job Aire Group's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2024 )
=(Operating Assets (Q: Jun. 2024 )-Operating Liabilities (Q: Jun. 2024 ))/Total Assets (Q: Mar. 2024 )
=(5.424-1.401)/6.945
=0.58

where

Operating Assets(Q: Jun. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6.691 - 1.267
=5.424

Operating Liabilities(Q: Jun. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.804 - 0.156 - 0.247
=1.401

* 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 0.58 mean?
Job Aire Group (JAG) has a Scaled Net Operating Assets of 0.58 as of Jun. 2024. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Job Aire Group and its competitors.
Is Job Aire Group's Scaled Net Operating Assets too high?
Job Aire Group's current Scaled Net Operating Assets is 0.58.
How does Job Aire Group's Scaled Net Operating Assets compare to ?
Job Aire Group's Scaled Net Operating Assets of 0.58 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 Job Aire Group and its competitors. Job Aire Group's current Scaled Net Operating Assets is 0.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Job Aire Group stock overvalued right now?
Job Aire Group (JAG) has a current Scaled Net Operating Assets of 0.58. The current Scaled Net Operating Assets is 0.58. 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 Job Aire Group (JAG), the current Scaled Net Operating Assets is 0.58 as of Jun. 2024. 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.

Job Aire Group Business Description

Comparable Companies
Address 7493 N Oracle Road, Suite 221, Tucson, AZ, USA, 85704
Job Aire Group Inc operates as an aviation company by providing pilot services. The company provides staff, and technicians for aircraft, engine inspection, audit, hard-core aeronautical engineering, and aircraft maintenance marketing.