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Icelandair Group hf (LTS:0ERU) Scaled Net Operating Assets : 0.34 (As of Mar. 2024)


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What is Icelandair Group hf 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.

Icelandair Group hf's operating assets for the quarter that ended in Mar. 2024 was kr185,923 Mil. Icelandair Group hf's operating liabilities for the quarter that ended in Mar. 2024 was kr114,025 Mil. Icelandair Group hf's Total Assets for the quarter that ended in Dec. 2023 was kr211,339 Mil. Therefore, Icelandair Group hf's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.34.


Icelandair Group hf Scaled Net Operating Assets Historical Data

The historical data trend for Icelandair Group hf'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.

Icelandair Group hf Scaled Net Operating Assets Chart

Icelandair Group hf Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.50 0.29 0.45 0.52 0.47

Icelandair Group hf Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.38 0.27 0.36 0.41 0.34

Competitive Comparison of Icelandair Group hf's Scaled Net Operating Assets

For the Airlines subindustry, Icelandair Group hf'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.


Icelandair Group hf's Scaled Net Operating Assets Distribution in the Transportation Industry

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

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



Icelandair Group hf 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.

Icelandair Group hf'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 )
=(173914.875-83107.707)/195221.886
=0.47

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=211338.929 - 37424.054
=173914.875

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=171448.961 - 74642.397 - 13698.857
=83107.707

Icelandair Group hf'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 )
=(185922.8-114024.933)/211338.929
=0.34

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=235628.001 - 49705.201
=185922.8

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=203347.295 - 75561.114 - 13761.248
=114024.933

* 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.


Icelandair Group hf Scaled Net Operating Assets Related Terms

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Icelandair Group hf (LTS:0ERU) Business Description

Traded in Other Exchanges
Address
Reykjavikurflugvollur, Reykjavik Airport, Reykjavik, ISL, 101
Icelandair Group hf through its subsidiaries provides airlines and tourism services in Iceland. The company's segments are Passenger and cargo operations and Other group entities. It generates maximum revenue from the Passenger and cargo operations segment. Geographically, it derives maximum revenue from Iceland and also has a presence in North America, West Continental Europe, Scandinavia, the United Kingdom, and Other countries.

Icelandair Group hf (LTS:0ERU) Headlines

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