MNGA (MNG Havayollari ve Tasimacilik AS) Scaled Net Operating Assets: 0.75 (As of Dec. 2022)

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What is MNG Havayollari ve Tasimacilik AS Scaled Net Operating Assets?

MNG Havayollari ve Tasimacilik AS MNGA Scaled Net Operating Assets is 0.75 as of Dec. 2022.

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

MNG Havayollari ve Tasimacilik AS's operating assets for the quarter that ended in Dec. 2022 was $338.95 Mil. MNG Havayollari ve Tasimacilik AS's operating liabilities for the quarter that ended in Dec. 2022 was $72.15 Mil. MNG Havayollari ve Tasimacilik AS's Total Assets for the quarter that ended in Sep. 2022 was $356.64 Mil. Therefore, MNG Havayollari ve Tasimacilik AS's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2022 was 0.75.


MNG Havayollari ve Tasimacilik AS Scaled Net Operating Assets Historical Data

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The historical data trend for MNG Havayollari ve Tasimacilik AS'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.

MNG Havayollari ve Tasimacilik AS Scaled Net Operating Assets Chart

MNG Havayollari ve Tasimacilik AS Annual Data
Trend Dec20 Dec21 Dec22
Scaled Net Operating Assets
0.61 0.85 0.76

MNG Havayollari ve Tasimacilik AS Quarterly Data
Dec20 Dec21 Sep22 Dec22
Scaled Net Operating Assets 0.61 0.85 0.75 0.75

MNGA vs : Scaled Net Operating Assets Comparison

For the Integrated Freight & Logistics subindustry, MNG Havayollari ve Tasimacilik AS'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.


MNG Havayollari ve Tasimacilik AS Scaled Net Operating Assets vs Transportation Industry

For the Transportation industry and Industrials sector, MNG Havayollari ve Tasimacilik AS's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where MNG Havayollari ve Tasimacilik AS's Scaled Net Operating Assets falls into.



MNG Havayollari ve Tasimacilik AS 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.

MNG Havayollari ve Tasimacilik AS's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2022 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2022 )
=(Operating Assets (A: Dec. 2022 )-Operating Liabilities (A: Dec. 2022 ))/Total Assets (A: Dec. 2021 )
=(338.954-72.154)/349.781
=0.76

where

Operating Assets(A: Dec. 2022 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=363.927 - 24.973
=338.954

Operating Liabilities(A: Dec. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=154.696 - 54.487 - 28.055
=72.154

MNG Havayollari ve Tasimacilik AS's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2022 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2022 )
=(Operating Assets (Q: Dec. 2022 )-Operating Liabilities (Q: Dec. 2022 ))/Total Assets (Q: Sep. 2022 )
=(338.954-72.154)/356.639
=0.75

where

Operating Assets(Q: Dec. 2022 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=363.927 - 24.973
=338.954

Operating Liabilities(Q: Dec. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=154.696 - 54.487 - 28.055
=72.154

* 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 0.75 mean?
MNG Havayollari ve Tasimacilik AS (MNGA) has a Scaled Net Operating Assets of 0.75 as of Dec. 2022. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on MNG Havayollari ve Tasimacilik AS and its competitors.
Is MNG Havayollari ve Tasimacilik AS's Scaled Net Operating Assets too high?
MNG Havayollari ve Tasimacilik AS's current Scaled Net Operating Assets is 0.75.
How does MNG Havayollari ve Tasimacilik AS's Scaled Net Operating Assets compare to ?
MNG Havayollari ve Tasimacilik AS's Scaled Net Operating Assets of 0.75 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 MNG Havayollari ve Tasimacilik AS and its competitors. MNG Havayollari ve Tasimacilik AS's current Scaled Net Operating Assets is 0.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MNG Havayollari ve Tasimacilik AS stock overvalued right now?
MNG Havayollari ve Tasimacilik AS (MNGA) has a current Scaled Net Operating Assets of 0.75. The current Scaled Net Operating Assets is 0.75. 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 MNG Havayollari ve Tasimacilik AS (MNGA), the current Scaled Net Operating Assets is 0.75 as of Dec. 2022. 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.

MNG Havayollari ve Tasimacilik AS Business Description

Comparable Companies
Address WOW Convention Center ?DTM, Yesilkoy/Bakirkoy, Istanbul, TUR, 34149
MNG Havayollari ve Tasimacilik AS is an independent logistics provider mainly in the EMEA region and a global e-commerce enabler. Its service offerings include scheduled and block space, charter, ACMI, special cargo, warehouse, handling and technical services. MNG's diversified business model provides MNG with a competitive advantage in the air cargo market, as it gives MNG the opportunity to provide customized services to its customers in accordance with needs and expectations. The company recognizes revenue for its global multimodal operations based on the origin of transported cargo carried on each flight.