GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Acerinox SA (STU:ACE1) » Definitions » Scaled Net Operating Assets

Acerinox (STU:ACE1) Scaled Net Operating Assets : 0.46 (As of Sep. 2024)


View and export this data going back to . Start your Free Trial

What is Acerinox 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.

Acerinox's operating assets for the quarter that ended in Sep. 2024 was €4,322 Mil. Acerinox's operating liabilities for the quarter that ended in Sep. 2024 was €1,400 Mil. Acerinox's Total Assets for the quarter that ended in Jun. 2024 was €6,404 Mil. Therefore, Acerinox's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.46.


Acerinox Scaled Net Operating Assets Historical Data

The historical data trend for Acerinox'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.

Acerinox Scaled Net Operating Assets Chart

Acerinox 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 0.52 0.54 0.59 0.50 0.44

Acerinox 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 0.49 0.43 0.45 0.45 0.46

Competitive Comparison of Acerinox's Scaled Net Operating Assets

For the Steel subindustry, Acerinox'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.


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

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

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



Acerinox 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.

Acerinox'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 )
=(4294.399-1500.756)/6318.147
=0.44

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6098.769 - 1804.37
=4294.399

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3635.643 - 1291.156 - 843.731
=1500.756

Acerinox'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 )
=(4322-1400)/6403.831
=0.46

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6259 - 1937
=4322

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3735 - 1320 - 1015
=1400

* 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.


Acerinox Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of Acerinox's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Acerinox Business Description

Industry
Address
Calle Santiago de Compostela, no. 100, Madrid, ESP, 28035
Acerinox SA is a Spain-based stainless steel maker engaged in the manufacture, processing, and marketing of stainless steel products and special alloys. The company operates in two segments; the Stainless steel segment which accounts for the majority of the company's revenue, includes both flat and long stainless steel products, and the High-performance alloys segment includes special alloys with high nickel content. This segment includes all the companies in the VDM Metals subgroup. Geographically the company operates in Spain, the Rest of Europe, America, Africa, Asia, and Others.

Acerinox Headlines

No Headlines