Ali Alghanim Sons Automotive Co KSC (KUW:ALG) Scaled Net Operating Assets : 0.45 (As of Mar. 2024)

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What is Ali Alghanim Sons Automotive Co KSC 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.

Ali Alghanim Sons Automotive Co KSC's operating assets for the quarter that ended in Mar. 2024 was KWD215.4 Mil. Ali Alghanim Sons Automotive Co KSC's operating liabilities for the quarter that ended in Mar. 2024 was KWD114.7 Mil. Ali Alghanim Sons Automotive Co KSC's Total Assets for the quarter that ended in Dec. 2023 was KWD223.2 Mil. Therefore, Ali Alghanim Sons Automotive Co KSC's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.45.

Ali Alghanim Sons Automotive Co KSC Scaled Net Operating Assets Historical Data

The historical data trend for Ali Alghanim Sons Automotive Co KSC'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.

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Ali Alghanim Sons Automotive Co KSC Scaled Net Operating Assets Chart

Ali Alghanim Sons Automotive Co KSC Annual Data

Trend

Dec21

Dec22

Dec23

Scaled Net Operating Assets

0.48

0.59

0.61

Ali Alghanim Sons Automotive Co KSC Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Scaled Net Operating Assets	Get a 7-Day Free Trial							0.42	0.52	0.53	0.51	0.45

Competitive Comparison of Ali Alghanim Sons Automotive Co KSC's Scaled Net Operating Assets

For the Auto & Truck Dealerships subindustry, Ali Alghanim Sons Automotive Co KSC'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.

Ali Alghanim Sons Automotive Co KSC's Scaled Net Operating Assets Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Ali Alghanim Sons Automotive Co KSC's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Ali Alghanim Sons Automotive Co KSC's Scaled Net Operating Assets falls into.

Ali Alghanim Sons Automotive Co KSC 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.

Ali Alghanim Sons Automotive Co KSC'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 )
=	(204.385	-	90.018)	/	188.079
=	0.61

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	223.182	-	18.797
=	204.385

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	130.754	-	34.101	-	6.635
=	90.018

Ali Alghanim Sons Automotive Co KSC's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Mar. 2024 )
=	(Operating Assets (Q: Mar. 2024 )	-	Operating Liabilities (Q: Mar. 2024 ))	/	Total Assets (Q: Dec. 2023 )
=	(215.418	-	114.653)	/	223.182
=	0.45

where

	Operating Assets		(Q: Mar. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	234.416	-	18.998
=	215.418

	Operating Liabilities		(Q: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	151.346	-	33.324	-	3.369
=	114.653

Ali Alghanim Sons Automotive Co KSC Scaled Net Operating Assets Related Terms

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Ali Alghanim Sons Automotive Co KSC (KUW:ALG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Ali Alghanim Sons Automotive Co KSC (KUW:ALG) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Airport Road 55, P.O. Box 21540, Safat, Opposite Kaifan Telecommunication, Shuwaikh, KWT, 13076

Website

https://alg.com.kw

Ali Alghanim Sons Automotive Co KSC is engaged in the automotive business. The Primary Activities of the Company are selling and purchasing cars and spare parts, importing and exporting light and heavy vehicles and cars, renting cars, maintaining light & heavy vehicles and cars, trading auto spare parts, and renting equipment and their maintenance. The Group is divided into four main geographical segments which are the State of Kuwait, Iraq, Egypt and the United Arab Emirates. The majority is derived from Kuwait.