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MP (MP Materials) Scaled Net Operating Assets : 0.48 (As of Sep. 2024)


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What is MP Materials 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.

MP Materials's operating assets for the quarter that ended in Sep. 2024 was $1,433.8 Mil. MP Materials's operating liabilities for the quarter that ended in Sep. 2024 was $292.1 Mil. MP Materials's Total Assets for the quarter that ended in Jun. 2024 was $2,364.3 Mil. Therefore, MP Materials's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.48.


MP Materials Scaled Net Operating Assets Historical Data

The historical data trend for MP Materials'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.

MP Materials Scaled Net Operating Assets Chart

MP Materials Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
-0.02 3.98 0.48 0.43 0.47

MP Materials 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 0.43 0.46 0.49 0.47 0.48

Competitive Comparison of MP Materials's Scaled Net Operating Assets

For the Other Industrial Metals & Mining subindustry, MP Materials'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.


MP Materials's Scaled Net Operating Assets Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, MP Materials's Scaled Net Operating Assets distribution charts can be found below:

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



MP Materials 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.

MP Materials'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 )
=(1338.608-281.864)/2237.787
=0.47

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2336.452 - 997.844
=1338.608

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=970.673 - 688.809 - 0
=281.864

MP Materials'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 )
=(1433.796-292.096)/2364.326
=0.48

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2300.286 - 866.49
=1433.796

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1235.746 - 943.65 - 0
=292.096

* 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.


MP Materials Scaled Net Operating Assets Related Terms

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MP Materials Business Description

Traded in Other Exchanges
Address
1700 S. Pavilion Center Drive, 8th Floor, Las Vegas, NV, USA, 89135
MP Materials Corp is the producer of rare earth materials in the Western Hemisphere. The company owns and operates the Mountain Pass Rare Earth Mine and Processing Facility, the only rare earth mining and processing site of scale in North America.
Executives
James H. Litinsky director, officer: Chairman and CEO C/O MP MATERIALS CORP., 1700 S. PAVILION CENTER DRIVE, SUITE 800, LAS VEGAS NV 89135
Ryan Corbett officer: Chief Financial Officer 1700 S. PAVILION CENTER DR., SUITE 800, LAS VEGAS NV 89135
Elliot Dean Hoops officer: General Counsel and Secretary 1700 S. PAVILION CENTER DR., SUITE 800, LAS VEGAS NV 89135
Michael Stuart Rosenthal officer: Chief Operating Officer 1700 S. PAVILION CENTER DR., SUITE 800, LAS VEGAS NV 89135
Andrew A. Mcknight director, officer: Chief Executive Officer ONE MARKET PLAZA, SPEAR TOWER 42ND FLOOR, SAN FRANCISCO CA 94123
Jhl Capital Group Llc other: See Remarks 1500 N. HALSTED ST., SUITE 200, CHICAGO IL 60642
Arnold W Donald director C/O CARNIVAL CORPORATION, 3655 N.W. 87TH AVENUE, MIAMI FL 33178
Qvt Financial Lp director, 10 percent owner, other: Director by Deputization 888 SEVENTH AVENUE, 43RD FLOOR, NEW YORK NY 10106
Daniel Allen Gold director 6720 VIA AUSTI PARKWAY, SUITE 450, LAS VEGAS NV 89119
Duckworth Connie K director EIGHT WINGS ENTERPRISES, 77 STONE AGTE LANE, LAKE FOREST IL 60045
Maryanne Lavan director 6801 ROCKLEDGE DRIVE, BETHESDA MD 20817
Richard B Myers director C/O NORTHROP GRUMMAN CORPORATION, 2980 FAIRVIEW PARK DRIVE, FALLS CHURCH VA 22042
Randall J Weisenburger director C/O WASSERSTEIN PERELLA GROUP, 31 WEST 52ND ST 26TH FLOOR, NEW YORK NY 10019
Sheila Bangalore officer: CSO and General Counsel 6720 VIA AUSTI PARKWAY, SUITE 450, LAS VEGAS NV 89119
Jhl Capital Group Master Fund L.p. other: See Remarks UGLAND HOUSE, SOUTH CHURCH STREET, P.O. BOX 309, GRAND CAYMAN E9 KY1-1104