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Kitron ASA (OSL:KIT) Scaled Net Operating Assets : 0.54 (As of Dec. 2023)


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What is Kitron 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.

Kitron ASA's operating assets for the quarter that ended in Dec. 2023 was kr6,233 Mil. Kitron ASA's operating liabilities for the quarter that ended in Dec. 2023 was kr2,634 Mil. Kitron ASA's Total Assets for the quarter that ended in Sep. 2023 was kr6,692 Mil. Therefore, Kitron ASA's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.54.


Kitron ASA Scaled Net Operating Assets Historical Data

The historical data trend for Kitron 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.

Kitron ASA Scaled Net Operating Assets Chart

Kitron ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.84 0.68 0.68 0.93 0.62

Kitron ASA Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.54 0.57 0.53 0.52 0.54

Competitive Comparison of Kitron ASA's Scaled Net Operating Assets

For the Electronic Components subindustry, Kitron 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.


Kitron ASA's Scaled Net Operating Assets Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Kitron ASA's Scaled Net Operating Assets distribution charts can be found below:

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



Kitron 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.

Kitron 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 )
=(6233.004-2634.475)/5850.61
=0.62

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6681.67 - 448.666
=6233.004

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4570.64 - 1302.281 - 633.884
=2634.475

Kitron ASA'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: Sep. 2023 )
=(6233.004-2634.475)/6692.35
=0.54

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6681.67 - 448.666
=6233.004

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4570.64 - 1302.281 - 633.884
=2634.475

* 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.


Kitron ASA Scaled Net Operating Assets Related Terms

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Kitron ASA (OSL:KIT) Business Description

Industry
Traded in Other Exchanges
Address
Olav Brunborgs vei 4, Billingstad, NOR, 1396
Kitron ASA is an electronics manufacturing service company. It manufactures products that are embedded in the customers' own products and box-built electronic products. The company provides a high-level assembly of complex electromechanical products and also provides various other services within development, industrialization, supply chain management, logistics, and aftermarket services. The company has manufacturing facilities in Norway, Sweden, Denmark, Lithuania, Germany, Poland, the Czech Republic, India, China, and the United States. It serves Defense/Aerospace, Energy/Telecoms, Industry, Medical Devices, and Offshore/Marine markets. The company operates in a single segment Electronics Manufacturing Services from which it earns the majority of its revenues.

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