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TSE (Trinseo) Scaled Net Operating Assets : 0.64 (As of Sep. 2024)


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What is Trinseo 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.

Trinseo's operating assets for the quarter that ended in Sep. 2024 was $2,718 Mil. Trinseo's operating liabilities for the quarter that ended in Sep. 2024 was $896 Mil. Trinseo's Total Assets for the quarter that ended in Jun. 2024 was $2,848 Mil. Therefore, Trinseo's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.64.


Trinseo Scaled Net Operating Assets Historical Data

The historical data trend for Trinseo'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.

Trinseo Scaled Net Operating Assets Chart

Trinseo 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 0.54 0.45 1.00 0.55 0.49

Trinseo 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 0.62 0.56 0.61 0.62 0.64

Competitive Comparison of Trinseo's Scaled Net Operating Assets

For the Specialty Chemicals subindustry, Trinseo'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.


Trinseo's Scaled Net Operating Assets Distribution in the Chemicals Industry

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

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



Trinseo 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.

Trinseo'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 )
=(2770.1-930.7)/3760.2
=0.49

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3029.2 - 259.1
=2770.1

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3297.2 - 2329.3 - 37.2
=930.7

Trinseo'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 )
=(2717.5-895.7)/2847.8
=0.64

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2882.8 - 165.3
=2717.5

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3362.8 - 2241.6 - 225.5
=895.7

* 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.


Trinseo Scaled Net Operating Assets Related Terms

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Trinseo Business Description

Industry
Traded in Other Exchanges
Address
440 East Swedesford Road, Suite 301, Wayne, PA, USA, 19087
Trinseo PLC is a materials company and manufacturer of latex and plastics products. The company's operating segments include latex binders, feedstocks, polystyrene, Americas styrenics, engineered materials, and plastics solutions. Majority of the revenue is generated from its Polystyrene segment which provides a variety of general purpose polystyrenes, and high impact polystyrene. These products provide customers with performance and aesthetics at a relatively low cost across applications, including appliances, packaging, including food packaging and food service disposables, consumer electronics and building and construction materials. Geographically, the company generates majority of the revenue from Europe and also has its presence in United States, Asia-Pacific and other regions.
Executives
Jeffrey J Cote director C/O SENSATA TECHNOLOGIES, INC., 529 PLEASANT STREET, ATTLEBORO MA 02703
Mark E Tomkins director VULCAN MATERIALS CO, 1200 URBAN CENTER DR, BIRMINGHAM AL 35242
Angelo N. Chaclas officer: See Remarks C/O TRINSEO S.A., 1000 CHESTERBROOK BOULEVARD, SUITE 300, BERWYN PA 19312
Frank A Bozich officer: President and CEO PO BOX 1046, SCHENECTADY NY 12301
Matthew Farrell director
Roger Greene officer: VP, GLOBAL CONTROLLER & PAO C/O TRINSEO PLC, 440 EAST SWEDESFORD ROAD, SUITE 301, WAYNE PA 19087
David Phillip Stasse officer: See Remarks C/O FREESCALE SEMICONDUCTOR, INC., 6501 WILLIAM CANNON DRIVE WEST, AUSTIN TX 78735
Jeanmarie F. Desmond director C/O E.I. DU PONT DE NEMOURS AND COMPANY, 974 CENTRE ROAD, BLDG. 730, WILMINGTON DE 19805
Timothy J Thomas officer: Vice President C/O TRINSEO S.A., 1000 CHESTERBROOK BLVD., SUITE 300, BERWYN PA 19312
Philip R Martens director PLEXUS CORP., ONE PLEXUS WAY, NEENAH WI 54956
Kessel Bregje Van officer: SVP, Base Plastics 440 EAST SWEDESFORD ROAD, SUITE 301, WAYNE PA 19087
Han Hendriks officer: Chief Technology Officer C/O TRINSEO PLC, 440 EAST SWEDESFORD ROAD, SUITE 301, WAYNE PA 19087
M&g Investment Management Ltd 10 percent owner 10 FENCHURCH AVENUE, LONDON X0 EC3M 5AG
Bernard M Skeete officer: VP, CAO and Global Controller C/O TRINSEO S.A., 1000 CHESTERBROOK BLVD., SUITE 300, BERWYN PA 19312
Joseph Alvarado director 705 N. BAR Y ROAD, P.O. BOX 11368, JACKSON WY 83002