GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Air Canada (LTS:0SE9) » Definitions » Scaled Net Operating Assets

Air Canada (LTS:0SE9) Scaled Net Operating Assets : 0.23 (As of Sep. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Air Canada 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.

Air Canada's operating assets for the quarter that ended in Sep. 2024 was C$23,116 Mil. Air Canada's operating liabilities for the quarter that ended in Sep. 2024 was C$16,036 Mil. Air Canada's Total Assets for the quarter that ended in Jun. 2024 was C$30,347 Mil. Therefore, Air Canada's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.23.


Air Canada Scaled Net Operating Assets Historical Data

The historical data trend for Air Canada'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.

Air Canada Scaled Net Operating Assets Chart

Air Canada 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 0.35 0.26 0.26 0.22 0.21

Air Canada Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.22 0.21 0.18 0.19 0.23

Competitive Comparison of Air Canada's Scaled Net Operating Assets

For the Airlines subindustry, Air Canada'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.


Air Canada's Scaled Net Operating Assets Distribution in the Transportation Industry

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

* The bar in red indicates where Air Canada's Scaled Net Operating Assets falls into.



Air Canada 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.

Air Canada'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 )
=(21646-15539)/29507
=0.21

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=30197 - 8551
=21646

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=29401 - 12996 - 866
=15539

Air Canada's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2024 )
=(Operating Assets (Q: Sep. 2024 )-Operating Liabilities (Q: Sep. 2024 ))/Total Assets (Q: Jun. 2024 )
=(23116-16036)/30347
=0.23

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=31496 - 8380
=23116

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=28404 - 10716 - 1652
=16036

* 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.


Air Canada Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of Air Canada's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Air Canada Business Description

Industry
Traded in Other Exchanges
Address
7373 Cote Vertu Boulevard West, Air Canada Centre, Saint-Laurent, QC, CAN, H4S 1Z3
Air Canada is Canada's largest airline, serving nearly 50 million passengers each year together with its low-cost sub-brand called Rouge and contracts for regional connection flights to its network. Air Canada is a sixth-freedom airline, which flies many US-based passengers on long-haul trips with a layover in Canada.

Air Canada Headlines

No Headlines