KLMR (KLM Royal Dutch Airlines) Scaled Net Operating Assets: 0.41 (As of Dec. 2018)


What is KLM Royal Dutch Airlines Scaled Net Operating Assets?

KLM Royal Dutch Airlines KLMR Scaled Net Operating Assets is 0.41 as of Dec. 2018.

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

KLM Royal Dutch Airlines's operating assets for the quarter that ended in Dec. 2018 was $11,637.09 Mil. KLM Royal Dutch Airlines's operating liabilities for the quarter that ended in Dec. 2018 was $6,209.33 Mil. KLM Royal Dutch Airlines's Total Assets for the quarter that ended in Dec. 2017 was $13,213.02 Mil. Therefore, KLM Royal Dutch Airlines's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2018 was 0.41.


KLM Royal Dutch Airlines Scaled Net Operating Assets Historical Data

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The historical data trend for KLM Royal Dutch Airlines'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.

KLM Royal Dutch Airlines Scaled Net Operating Assets Chart

KLM Royal Dutch Airlines Annual Data
Trend Mar04 Mar05 Mar06 Mar07 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.24 0.30 0.34 0.57 0.41

KLM Royal Dutch Airlines Semi-Annual Data
Mar94 Mar95 Mar96 Mar97 Mar98 Mar99 Mar00 Mar01 Mar02 Mar03 Mar04 Mar05 Mar06 Mar07 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
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 0.24 0.30 0.34 0.57 0.41

KLMR vs : Scaled Net Operating Assets Comparison

For the Airlines subindustry, KLM Royal Dutch Airlines'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.


KLM Royal Dutch Airlines Scaled Net Operating Assets vs Transportation Industry

For the Transportation industry and Industrials sector, KLM Royal Dutch Airlines's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where KLM Royal Dutch Airlines's Scaled Net Operating Assets falls into.



KLM Royal Dutch Airlines 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.

KLM Royal Dutch Airlines's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2018 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2018 )
=(Operating Assets (A: Dec. 2018 )-Operating Liabilities (A: Dec. 2018 ))/Total Assets (A: Dec. 2017 )
=(11637.088-6209.329)/13213.018
=0.41

where

Operating Assets(A: Dec. 2018 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=12639.363 - 1002.275
=11637.088

Operating Liabilities(A: Dec. 2018 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=11494.881 - 4458.476 - 827.076
=6209.329

KLM Royal Dutch Airlines's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2018 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2018 )
=(Operating Assets (Q: Dec. 2018 )-Operating Liabilities (Q: Dec. 2018 ))/Total Assets (Q: Dec. 2017 )
=(11637.088-6209.329)/13213.018
=0.41

where

Operating Assets(Q: Dec. 2018 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=12639.363 - 1002.275
=11637.088

Operating Liabilities(Q: Dec. 2018 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=11494.881 - 4458.476 - 827.076
=6209.329

* 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 0.41 mean?
KLM Royal Dutch Airlines (KLMR) has a Scaled Net Operating Assets of 0.41 as of Dec. 2018. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on KLM Royal Dutch Airlines and its competitors.
Is KLM Royal Dutch Airlines' Scaled Net Operating Assets too high?
KLM Royal Dutch Airlines' current Scaled Net Operating Assets is 0.41.
How does KLM Royal Dutch Airlines' Scaled Net Operating Assets compare to ?
KLM Royal Dutch Airlines' Scaled Net Operating Assets of 0.41 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 KLM Royal Dutch Airlines and its competitors. KLM Royal Dutch Airlines's current Scaled Net Operating Assets is 0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KLM Royal Dutch Airlines stock overvalued right now?
KLM Royal Dutch Airlines (KLMR) has a current Scaled Net Operating Assets of 0.41. The current Scaled Net Operating Assets is 0.41. 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 KLM Royal Dutch Airlines (KLMR), the current Scaled Net Operating Assets is 0.41 as of Dec. 2018. 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.

KLM Royal Dutch Airlines Business Description

Comparable Companies
Address Amsterdamseweg 55, Amstelveen, NH, NLD, 1182 GP
KLM Royal Dutch Airlines is engaged in network activities, which include air transport of passengers and cargo activities, aircraft maintenance, leisure, and other activities linked to air transport. Its segments are: Network, which generates maximum revenue and includes transportation of passengers on scheduled flights, ancillary passenger revenues, SkyTeam alliance partnership arrangements, block-seat sales, transportation of freight, and sale of cargo capacity to third parties; Maintenance, which provides engine services, component services, and airframe maintenance to airlines and clients internationally; Leisure, which covers charter flights and low-cost scheduled flights operated by transavia.com; and Other segment. It generates maximum revenue from Europe and North Africa.