Norrhydro Group Oyj (OHEL:NORRH) Scaled Net Operating Assets : 0.70 (As of Dec. 2023)

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What is Norrhydro Group Oyj 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.

Norrhydro Group Oyj's operating assets for the quarter that ended in Dec. 2023 was €23.97 Mil. Norrhydro Group Oyj's operating liabilities for the quarter that ended in Dec. 2023 was €5.46 Mil. Norrhydro Group Oyj's Total Assets for the quarter that ended in Jun. 2023 was €26.51 Mil. Therefore, Norrhydro Group Oyj's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.70.

Norrhydro Group Oyj Scaled Net Operating Assets Historical Data

The historical data trend for Norrhydro Group Oyj'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.

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Norrhydro Group Oyj Scaled Net Operating Assets Chart

Norrhydro Group Oyj Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Scaled Net Operating Assets

0.66

0.52

0.70

0.83

0.66

Norrhydro Group Oyj Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Scaled Net Operating Assets	Get a 7-Day Free Trial				0.69	0.66	0.82	0.71	0.70

Competitive Comparison of Norrhydro Group Oyj's Scaled Net Operating Assets

For the Specialty Industrial Machinery subindustry, Norrhydro Group Oyj'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.

Norrhydro Group Oyj's Scaled Net Operating Assets Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Norrhydro Group Oyj's Scaled Net Operating Assets distribution charts can be found below:

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

Norrhydro Group Oyj 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.

Norrhydro Group Oyj'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 )
=	(23.97	-	5.46)	/	27.925
=	0.66

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	25.365	-	1.395
=	23.97

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	16.493	-	7.251	-	3.782
=	5.46

Norrhydro Group Oyj's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Dec. 2023 )
=	(Operating Assets (Q: Dec. 2023 )	-	Operating Liabilities (Q: Dec. 2023 ))	/	Total Assets (Q: Jun. 2023 )
=	(23.97	-	5.46)	/	26.514
=	0.70

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	25.365	-	1.395
=	23.97

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	16.493	-	7.251	-	3.782
=	5.46

Norrhydro Group Oyj Scaled Net Operating Assets Related Terms

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Norrhydro Group Oyj (OHEL:NORRH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Norrhydro Group Oyj (OHEL:NORRH) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

U7X:Germany

Address

Ratavartijankatu 2, P.O.Box 8075, Rovaniemi, FIN, 96100

Website

https://www.norrhydro.com

Norrhydro Group Oyj is a provider of hydraulic cylinders in the Nordic countries. The company develops and manufactures hydraulic solutions for the needs of the forest machine, material handling, mining, civil engineering, and marine industries.

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