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Snaige AB (OVSE:SNG1L) Scaled Net Operating Assets : 0.23 (As of Jun. 2024)


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What is Snaige AB 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.

Snaige AB's operating assets for the quarter that ended in Jun. 2024 was €14.77 Mil. Snaige AB's operating liabilities for the quarter that ended in Jun. 2024 was €11.24 Mil. Snaige AB's Total Assets for the quarter that ended in Mar. 2024 was €15.50 Mil. Therefore, Snaige AB's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2024 was 0.23.


Snaige AB Scaled Net Operating Assets Historical Data

The historical data trend for Snaige AB'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.

Snaige AB Scaled Net Operating Assets Chart

Snaige AB Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.57 0.50 0.57 0.57 0.32

Snaige AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24 Jun24
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 0.35 0.35 0.34 0.24 0.23

Competitive Comparison of Snaige AB's Scaled Net Operating Assets

For the Consumer Electronics subindustry, Snaige AB'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.


Snaige AB's Scaled Net Operating Assets Distribution in the Hardware Industry

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

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



Snaige AB 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.

Snaige AB's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2022 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2022 )
=(Operating Assets (A: Dec. 2022 )-Operating Liabilities (A: Dec. 2022 ))/Total Assets (A: Dec. 2021 )
=(20.058-11.691)/26.303
=0.32

where

Operating Assets(A: Dec. 2022 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=20.237 - 0.179
=20.058

Operating Liabilities(A: Dec. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=21.839 - 10.053 - 0.095
=11.691

Snaige AB's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2024 )
=(Operating Assets (Q: Jun. 2024 )-Operating Liabilities (Q: Jun. 2024 ))/Total Assets (Q: Mar. 2024 )
=(14.766-11.238)/15.495
=0.23

where

Operating Assets(Q: Jun. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=14.866 - 0.1
=14.766

Operating Liabilities(Q: Jun. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=21.506 - 10.194 - 0.074
=11.238

* 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.


Snaige AB Scaled Net Operating Assets Related Terms

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Snaige AB Business Description

Industry
Traded in Other Exchanges
N/A
Address
Pramones Street 6, Alytus, LTU, LT-62175
Snaige AB is engaged in production of refrigerators, freezers and metal products. It makes majority sales from refrigerators and related equipment. The product range of the company includes freezer bottom, freezer top, refrigerators, freezers, vertical coolers, glass door refrigerators, and other related products. The company divides its sales markets into the following main groups by importance of sales markets and geographic distribution: Baltic market (Lithuania, Latvia and Estonia), Eastern market (Ukraine, Moldova, Kazakhstan, Uzbekistan, Tajikistan, Kyrgyzstan), European market (Germany, Italy, Poland, France, Belgium, the Netherlands, Portugal, the Czech Republic, Norway, other countries of Western and Central Europe).

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