Norsk Titanium AS (STU:84F) Scaled Net Operating Assets : -0.64 (As of Jun. 2024)

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What is Norsk Titanium AS 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.

Norsk Titanium AS's operating assets for the quarter that ended in Jun. 2024 was €13.53 Mil. Norsk Titanium AS's operating liabilities for the quarter that ended in Jun. 2024 was €23.31 Mil. Norsk Titanium AS's Total Assets for the quarter that ended in Dec. 2023 was €15.38 Mil. Therefore, Norsk Titanium AS's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2024 was -0.64.

Norsk Titanium AS Scaled Net Operating Assets Historical Data

The historical data trend for Norsk Titanium AS'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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Norsk Titanium AS Scaled Net Operating Assets Chart

Norsk Titanium AS Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Scaled Net Operating Assets

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0.08

0.33

0.56

0.31

0.32

Norsk Titanium AS Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Scaled Net Operating Assets	Get a 7-Day Free Trial						0.26	0.41	0.34	0.43	-0.64

Competitive Comparison of Norsk Titanium AS's Scaled Net Operating Assets

For the Aerospace & Defense subindustry, Norsk Titanium AS'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.

Norsk Titanium AS's Scaled Net Operating Assets Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Norsk Titanium AS's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Norsk Titanium AS's Scaled Net Operating Assets falls into.

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Norsk Titanium AS 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.

Norsk Titanium AS'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 )
=	(14.485	-	6.586)	/	25.069
=	0.32

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	15.38	-	0.895
=	14.485

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	16.319	-	1.32	-	8.413
=	6.586

Norsk Titanium AS'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: Dec. 2023 )
=	(13.532	-	23.313)	/	15.38
=	-0.64

where

	Operating Assets		(Q: Jun. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	35.748	-	22.216
=	13.532

	Operating Liabilities		(Q: Jun. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	26.204	-	1.238	-	1.653
=	23.313

Norsk Titanium AS Scaled Net Operating Assets Related Terms

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Norsk Titanium AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Norsk Titanium AS (STU:84F) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

NORSF:USA NTI:Norway 84F:Germany

Address

Flyplassveien 20, Honefoss, NOR, 3514

Website

https://www.norsktitanium.com

Norsk Titanium AS is in metal 3D printing. The company uses its proprietary Rapid Plasma Deposition (RPD) technology for cost-efficient 3D printing of metal alloys. This technology enables the production of value-added parts that are suitable for a large market. The company's focus is on high-end structural applications that require the use of 3D-printed titanium parts, which offer substantial benefits compared to traditional materials and production methods. The company caters to high-complexity markets such as commercial aerospace and defense, which allows them to deliver value propositions and position itself for expansion into other markets. Geographically the company generates revenue from Norway, Europe, and the USA with the majority being generated from Norway.

Norsk Titanium AS Headlines

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