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Tornado Infrastructure Equipment (FRA:2FT0) Scaled Net Operating Assets : 0.59 (As of Sep. 2024)


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What is Tornado Infrastructure Equipment 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.

Tornado Infrastructure Equipment's operating assets for the quarter that ended in Sep. 2024 was €37.33 Mil. Tornado Infrastructure Equipment's operating liabilities for the quarter that ended in Sep. 2024 was €14.10 Mil. Tornado Infrastructure Equipment's Total Assets for the quarter that ended in Jun. 2024 was €39.23 Mil. Therefore, Tornado Infrastructure Equipment's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.59.


Tornado Infrastructure Equipment Scaled Net Operating Assets Historical Data

The historical data trend for Tornado Infrastructure Equipment'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.

Tornado Infrastructure Equipment Scaled Net Operating Assets Chart

Tornado Infrastructure Equipment Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only 0.58 0.83 0.67 0.90 0.68

Tornado Infrastructure Equipment Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.61 0.58 0.54 0.61 0.59

Competitive Comparison of Tornado Infrastructure Equipment's Scaled Net Operating Assets

For the Farm & Heavy Construction Machinery subindustry, Tornado Infrastructure Equipment'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.


Tornado Infrastructure Equipment's Scaled Net Operating Assets Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Tornado Infrastructure Equipment's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Tornado Infrastructure Equipment's Scaled Net Operating Assets falls into.



Tornado Infrastructure Equipment 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.

Tornado Infrastructure Equipment'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 )
=(29.253-10.216)/28.146
=0.68

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=32.263 - 3.01
=29.253

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=15.625 - 3.112 - 2.297
=10.216

Tornado Infrastructure Equipment'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 )
=(37.33-14.095)/39.229
=0.59

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=39.304 - 1.974
=37.33

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=17.755 - 3.365 - 0.295
=14.095

* 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.


Tornado Infrastructure Equipment Scaled Net Operating Assets Related Terms

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Tornado Infrastructure Equipment Business Description

Traded in Other Exchanges
Address
300 – 5th Avenue South West, Suite 1800, Calgary, AB, CAN, T2P 3C4
Tornado Infrastructure Equipment Ltd is a truck manufacturer. It designs and manufactures hydrovac trucks as well as provides heavy-duty truck maintenance operations in central Alberta. The group sells hydrovac trucks to excavation service providers in the infrastructure and industrial construction and oil and gas markets. Its brands for parts include CatPumps, Ripsaw, Kenworth, and others.

Tornado Infrastructure Equipment Headlines

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