Red Star Express (NSA:RSE) Scaled Net Operating Assets: (As of . 20)

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What is Red Star Express 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.

Red Star Express's operating assets for the quarter that ended in . 20 was ₦ Mil. Red Star Express's operating liabilities for the quarter that ended in . 20 was ₦ Mil. Red Star Express's Total Assets for the quarter that ended in . 20 was ₦ Mil. Therefore, Red Star Express's scaled net operating assets (SNOA) for the quarter that ended in . 20 was .


Red Star Express Scaled Net Operating Assets Historical Data

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The historical data trend for Red Star Express'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.

Red Star Express Scaled Net Operating Assets Chart

Red Star Express Annual Data
Trend
Scaled Net Operating Assets

Red Star Express Quarterly Data
Scaled Net Operating Assets

NSA:RSE vs JANL: Scaled Net Operating Assets Comparison

For the Integrated Freight & Logistics subindustry, Red Star Express'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.


Red Star Express Scaled Net Operating Assets vs Transportation Industry

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

* The bar in red indicates where Red Star Express's Scaled Net Operating Assets falls into.



Red Star Express 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.

Red Star Express's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in . 20 is calculated as

Scaled Net Operating Assets (SNOA)(A: . 20 )
=(Operating Assets (A: . 20 )-Operating Liabilities (A: . 20 ))/Total Assets (A: . 20 )
=(-)/
=

where

Operating Assets(A: . 20 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
= -
=

Red Star Express's Scaled Net Operating Assets (SNOA) for the quarter that ended in . 20 is calculated as

Scaled Net Operating Assets (SNOA)(Q: . 20 )
=(Operating Assets (Q: . 20 )-Operating Liabilities (Q: . 20 ))/Total Assets (Q: . 20 )
=(-)/
=

where

Operating Assets(Q: . 20 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
= -
=

* 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.


Red Star Express Business Description

Address 70, International Airport Road, Lagos, NGA
Red Star Express PLC is engaged in the provision of courier services, mail management services, freight services, logistics, ware housing and general haulage.