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Steel Dynamics (Steel Dynamics) Scaled Net Operating Assets : 0.70 (As of Mar. 2024)


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What is Steel Dynamics 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.

Steel Dynamics's operating assets for the quarter that ended in Mar. 2024 was $13,334 Mil. Steel Dynamics's operating liabilities for the quarter that ended in Mar. 2024 was $2,941 Mil. Steel Dynamics's Total Assets for the quarter that ended in Dec. 2023 was $14,908 Mil. Therefore, Steel Dynamics's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.70.


Steel Dynamics Scaled Net Operating Assets Historical Data

The historical data trend for Steel Dynamics'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.

Steel Dynamics Scaled Net Operating Assets Chart

Steel Dynamics 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 0.67 0.74 0.88 0.71 0.69

Steel Dynamics Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.64 0.68 0.67 0.66 0.70

Competitive Comparison of Steel Dynamics's Scaled Net Operating Assets

For the Steel subindustry, Steel Dynamics'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.


Steel Dynamics's Scaled Net Operating Assets Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Steel Dynamics's Scaled Net Operating Assets distribution charts can be found below:

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



Steel Dynamics 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.

Steel Dynamics'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 )
=(12786.323-2997.837)/14159.984
=0.69

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=14908.42 - 2122.097
=12786.323

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6068.893 - 2611.069 - 459.987
=2997.837

Steel Dynamics'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 )
=(13334.074-2941.049)/14908.42
=0.70

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=15026.75 - 1692.676
=13334.074

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5978.991 - 2612.246 - 425.696
=2941.049

* 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.


Steel Dynamics Scaled Net Operating Assets Related Terms

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Steel Dynamics (Steel Dynamics) Business Description

Industry
Traded in Other Exchanges
Address
7575 West Jefferson Boulevard, Fort Wayne, IN, USA, 46804
Steel Dynamics Inc operates scrap-based steel minimills with roughly 16 million tons of annual steel production capacity. The company's segment includes steel operations, metals recycling operations, and steel fabrication operations. It generates maximum revenue from the steel operations segment.
Executives
Glenn Pushis officer: Senior Vice President 4500 COUNTY ROAD 59, BUTLER IN 46721
James C Marcuccilli director 127 W BERRY ST, FORT WAYNE IN 46802
Bradley S Seaman director 161 SHAWFORD WAY, LAKE FOREST IL 60045
Richard A Poinsatte officer: Senior Vice President 6714 POINTE INVERNESS WAY, SUITE 200, FORT WAYNE IN 46804
Jennifer L Hamann director 1400 DOUGLAS STREET, OMAHA NE 68130
Christopher A Graham officer: Vice President 7575 W. JEFFERSON BLVD., FORT WAYNE IN 46804
Gabriel Shaheen director 1540 PARILLA CIRCLE, TRINITY FL 34655
Keith E Busse director 7575 W. JEFFERSON BLVD., FORT WAYNE IN 46804
James Stanley Anderson officer: Senior Vice President 203 E BERRY STREET, AWB SUITE 804, FORT WAYNE IN 46802
Luis Manuel Sierra director 1555 CORAOPOLIS HEIGHTS ROAD, MOON TOWNSHIP PA 15108
Miguel Alvarez officer: Senior Vice President 7575 WEST JEFFERSON BLVD., FORT WAYNE IN 46804
Mark D Millett director, officer: President and CEO 7575 W JEFFERSON BLVD, FORT WAYNE IN 46804
Theresa E Wagler officer: Executive Vice President & CFO 7575 W JEFFERSON BLVD, FORT WAYNE IN 46804
Russell B Rinn officer: Executive Vice President 7575 WEST JEFFERSON BOULEVARD, FORT WAYNE IN 46804
Kenneth W. Cornew director 10 SOUTH DEARBORN STREET, 54TH FLOOR, CHICAGO IL 60603

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