Volato Group (Volato Group) Scaled Net Operating Assets : 0.44 (As of Mar. 2024)

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What is Volato Group 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.

Volato Group's operating assets for the quarter that ended in Mar. 2024 was $61.73 Mil. Volato Group's operating liabilities for the quarter that ended in Mar. 2024 was $30.23 Mil. Volato Group's Total Assets for the quarter that ended in Dec. 2023 was $71.71 Mil. Therefore, Volato Group's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.44.

Volato Group Scaled Net Operating Assets Historical Data

The historical data trend for Volato Group'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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Volato Group Scaled Net Operating Assets Chart

Volato Group Annual Data

Trend

Dec21

Dec22

Dec23

Scaled Net Operating Assets

0.82

1.22

0.99

Volato Group Quarterly Data
	Dec21	Jun22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Scaled Net Operating Assets	Get a 7-Day Free Trial			-	-	0.72	0.56	0.44

Competitive Comparison of Volato Group's Scaled Net Operating Assets

For the Airports & Air Services subindustry, Volato Group'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.

Volato Group's Scaled Net Operating Assets Distribution in the Transportation Industry

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

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

Volato Group 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.

Volato Group'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 )
=	(57.226	-	27.276)	/	30.257
=	0.99

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	71.712	-	14.486
=	57.226

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	56.961	-	9.019	-	20.666
=	27.276

Volato Group's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Mar. 2024 )
=	(Operating Assets (Q: Mar. 2024 )	-	Operating Liabilities (Q: Mar. 2024 ))	/	Total Assets (Q: Dec. 2023 )
=	(61.73	-	30.232)	/	71.712
=	0.44

where

	Operating Assets		(Q: Mar. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	68.172	-	6.442
=	61.73

	Operating Liabilities		(Q: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	66.478	-	14.901	-	21.345
=	30.232

Volato Group Scaled Net Operating Assets Related Terms

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Volato Group (Volato Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Volato Group Inc (AMEX:SOAR.WS) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

SOAR:USA

Address

1954 Airport Road, Suite 124, Chamblee, GA, USA, 30341

Website

https://www.flyvolato.com

Volato Group Inc operates an aircraft ownership program, provides ad-hoc charter flights, sells deposit products, and manages aircraft for owners in the private aviation industry. The Volato aircraft ownership program consists of facilitating the formation of limited liability companies owned by third-party members. Subsequently, the Company sells an aircraft to each limited liability company.

Volato Group (Volato Group) Headlines

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