SRFM (Surf Air Mobility) Scaled Net Operating Assets : -0.87 (As of Sep. 2024)

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What is Surf Air Mobility 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.

Surf Air Mobility's operating assets for the quarter that ended in Sep. 2024 was $97.4 Mil. Surf Air Mobility's operating liabilities for the quarter that ended in Sep. 2024 was $188.9 Mil. Surf Air Mobility's Total Assets for the quarter that ended in Jun. 2024 was $105.5 Mil. Therefore, Surf Air Mobility's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was -0.87.

Surf Air Mobility Scaled Net Operating Assets Historical Data

The historical data trend for Surf Air Mobility'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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Surf Air Mobility Scaled Net Operating Assets Chart

Surf Air Mobility Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Scaled Net Operating Assets

-10.98

-12.84

-25.38

-2.32

Surf Air Mobility Quarterly Data
	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Scaled Net Operating Assets	Get a 7-Day Free Trial									4.83	-0.17	-0.58	-0.80	-0.87

Competitive Comparison of Surf Air Mobility's Scaled Net Operating Assets

For the Airlines subindustry, Surf Air Mobility'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.

Surf Air Mobility's Scaled Net Operating Assets Distribution in the Transportation Industry

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

* The bar in red indicates where Surf Air Mobility's Scaled Net Operating Assets falls into.

Surf Air Mobility 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.

Surf Air Mobility'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 )
=	(109.269	-	141.025)	/	13.697
=	-2.32

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	110.989	-	1.72
=	109.269

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	188.474	-	27.261	-	20.188
=	141.025

Surf Air Mobility'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 )
=	(97.373	-	188.915)	/	105.547
=	-0.87

where

	Operating Assets		(Q: Sep. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	97.879	-	0.506
=	97.373

	Operating Liabilities		(Q: Sep. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	233.489	-	29.971	-	14.603
=	188.915

Surf Air Mobility Scaled Net Operating Assets Related Terms

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Surf Air Mobility Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Surf Air Mobility Inc (NYSE:SRFM) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

12111 South Crenshaw Boulevard, Hawthorne, CA, USA, 90250

Website

https://www.surfair.com

Surf Air Mobility Inc provides a regional air mobility platform to connect communities sustainably. The company is an electric aviation and air travel company expanding the category of regional air travel and reinventing flying through electrification. The company is building a regional air mobility ecosystem to sustainably connect the world's communities. It generates revenue through air mobility services.

Executives

Edward A. Mady	director	12111 S. CRENSHAW BLVD., HAWTHORNE CA 90250
Bruce L. Hack	director	6060 CENTER DRIVE, 5TH FLOOR, LOS ANGELES CA 90045
Carl A Albert	director	C/O BOISE INC., 1111 WEST JEFFERSON STREET, SUITE 200, BOISE ID 83702-5388
John J. D'agostino	director	201 E 79TH STREET 6A, NEW YORK CITY NY 10075
Tyler Painter	director	C/O SURF AIR MOBILITY, 12111 S. CRENSHAW BLVD., HAWTHORNE CA 90250
Sudhin Shahani	director	12111 S. CRENSHAW BLVD., HAWTHORNE CA 90250
Deanna Leigh White	officer: Chief Financial Officer	12111 S. CRENSHAW BLVD., HAWTHORNE CA 90250
Tyrone D. Bland	director	12111 S. CRENSHAW BLVD., HAWTHORNE CA 90250
Robert S. Little	director, officer: Chief Executive Officer	12111 S. CRENSHAW BLVD., HAWTHORNE CA 90250