Manganese Bronze Holdings (LSE:MNGS) Scaled Net Operating Assets: 0.05 (As of Jun. 2012)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Manganese Bronze Holdings Scaled Net Operating Assets?

Manganese Bronze Holdings LSE:MNGS Scaled Net Operating Assets is 0.05 as of Jun. 2012.

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

Manganese Bronze Holdings's operating assets for the quarter that ended in Jun. 2012 was £55.12 Mil. Manganese Bronze Holdings's operating liabilities for the quarter that ended in Jun. 2012 was £52.26 Mil. Manganese Bronze Holdings's Total Assets for the quarter that ended in Jun. 2011 was £54.28 Mil. Therefore, Manganese Bronze Holdings's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2012 was 0.05.

Manganese Bronze Holdings Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Manganese Bronze Holdings'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.

Manganese Bronze Holdings Scaled Net Operating Assets Chart

Manganese Bronze Holdings Annual Data
Trend Jul02 Jul03 Jul04 Jul05 Jul06 Dec07 Dec08 Dec09 Dec10 Dec11
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.44 0.35 0.42 0.35 0.17

Manganese Bronze Holdings Quarterly Data
Jan02 Jan03 Jan04 Jan05 Jan06 Jan07 Jun08 Jun09 Jun10 Jun11 Jun12
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.58 0.39 0.36 0.29 0.05

Manganese Bronze Holdings Scaled Net Operating Assets Competitor Comparison

For the Auto Manufacturers subindustry, Manganese Bronze Holdings'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.

Manganese Bronze Holdings Scaled Net Operating Assets vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Manganese Bronze Holdings's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Manganese Bronze Holdings's Scaled Net Operating Assets falls into.


Manganese Bronze Holdings 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.

Manganese Bronze Holdings's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2011 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2011 )
=(Operating Assets (A: Dec. 2011 )-Operating Liabilities (A: Dec. 2011 ))/Total Assets (A: Dec. 2010 )
=(54.008-44.058)/59.69
=0.17

where

Operating Assets(A: Dec. 2011 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=55.807 - 1.799
=54.008

Operating Liabilities(A: Dec. 2011 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=44.058 - 0 - 0
=44.058

Manganese Bronze Holdings's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2012 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2012 )
=(Operating Assets (Q: Jun. 2012 )-Operating Liabilities (Q: Jun. 2012 ))/Total Assets (Q: Jun. 2011 )
=(55.117-52.262)/54.282
=0.05

where

Operating Assets(Q: Jun. 2012 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=57.602 - 2.485
=55.117

Operating Liabilities(Q: Jun. 2012 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=52.262 - 0 - 0
=52.262

* 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 0.05 mean?
Manganese Bronze Holdings (LSE:MNGS) has a Scaled Net Operating Assets of 0.05 as of Jun. 2012. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Manganese Bronze Holdings and its competitors.
Is Manganese Bronze Holdings' Scaled Net Operating Assets too high?
Manganese Bronze Holdings' current Scaled Net Operating Assets is 0.05.
How does Manganese Bronze Holdings' Scaled Net Operating Assets compare to competitors?
Manganese Bronze Holdings' Scaled Net Operating Assets of 0.05 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Scaled Net Operating Assets depends on the Vehicles & Parts 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 Manganese Bronze Holdings and its competitors. Manganese Bronze Holdings's current Scaled Net Operating Assets is 0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manganese Bronze Holdings stock overvalued right now?
Manganese Bronze Holdings (LSE:MNGS) has a current Scaled Net Operating Assets of 0.05. The current Scaled Net Operating Assets is 0.05. 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 Manganese Bronze Holdings (LSE:MNGS), the current Scaled Net Operating Assets is 0.05 as of Jun. 2012. 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.

Manganese Bronze Holdings Business Description

Manganese Bronze Holdings PLC provides automotive and taxi services in the UK. It is currently organised into three operating divisions - vehicle sales, vehicle services, and Shanghai LTI. The vehicle sales segment includes the design, development, assembly, and retailing of new purpose-built taxis, along with the sale of used vehicles taken in part exchange, parts, and vehicle maintenance. The vehicle services segment comprises taxi finance. The Shanghai LTI segment is the joint venture based in Shanghai, China, which assembles the London Taxi under license from the company. The company's operations are located in the United Kingdom and China.