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Cavendish Hydrogen ASA (OSL:CAVEN) Scaled Net Operating Assets : 0.31 (As of Sep. 2024)


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What is Cavendish Hydrogen ASA 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.

Cavendish Hydrogen ASA's operating assets for the quarter that ended in Sep. 2024 was kr641.4 Mil. Cavendish Hydrogen ASA's operating liabilities for the quarter that ended in Sep. 2024 was kr254.7 Mil. Cavendish Hydrogen ASA's Total Assets for the quarter that ended in Jun. 2024 was kr1,238.7 Mil. Therefore, Cavendish Hydrogen ASA's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.31.


Cavendish Hydrogen ASA Scaled Net Operating Assets Historical Data

The historical data trend for Cavendish Hydrogen ASA'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.

Cavendish Hydrogen ASA Scaled Net Operating Assets Chart

Cavendish Hydrogen ASA Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
0.60 0.71 0.31 0.42

Cavendish Hydrogen ASA Quarterly Data
Dec21 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only - - 0.42 0.50 0.31

Competitive Comparison of Cavendish Hydrogen ASA's Scaled Net Operating Assets

For the Utilities - Regulated Gas subindustry, Cavendish Hydrogen ASA'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.


Cavendish Hydrogen ASA's Scaled Net Operating Assets Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Cavendish Hydrogen ASA's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Cavendish Hydrogen ASA's Scaled Net Operating Assets falls into.



Cavendish Hydrogen ASA 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.

Cavendish Hydrogen ASA'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 )
=(723.353-364.972)/861.024
=0.42

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=804.09 - 80.737
=723.353

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=558.324 - 188.29 - 5.062
=364.972

Cavendish Hydrogen ASA'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 )
=(641.365-254.659)/1238.654
=0.31

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1187.232 - 545.867
=641.365

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=285.313 - 27.117 - 3.537
=254.659

* 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.


Cavendish Hydrogen ASA Scaled Net Operating Assets Related Terms

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Cavendish Hydrogen ASA Business Description

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Traded in Other Exchanges
Address
Vejlevej 5, Herning, DNK, 7400
Cavendish Hydrogen ASA is engaged in developing hydrogen fueling solutions for road-going vehicles. It aims to deliver hydrogen fueling solutions that are safer, faster, and more reliable than any alternative - all while reducing emissions and setting a new standard for fueling heavy-duty vehicles - with reliable fueling solutions.

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