GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Toromont Industries Ltd (TSX:TIH) » Definitions » Scaled Net Operating Assets

Toromont Industries (TSX:TIH) Scaled Net Operating Assets : 0.58 (As of Dec. 2024)


View and export this data going back to 1974. Start your Free Trial

What is Toromont Industries 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.

Toromont Industries's operating assets for the quarter that ended in Dec. 2024 was C$3,978 Mil. Toromont Industries's operating liabilities for the quarter that ended in Dec. 2024 was C$1,223 Mil. Toromont Industries's Total Assets for the quarter that ended in Sep. 2024 was C$4,714 Mil. Therefore, Toromont Industries's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2024 was 0.58.


Toromont Industries Scaled Net Operating Assets Historical Data

The historical data trend for Toromont Industries'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.

Toromont Industries Scaled Net Operating Assets Chart

Toromont Industries Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.53 0.51 0.58 0.56 0.60

Toromont Industries Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.53 0.54 0.58 0.62 0.58

Competitive Comparison of Toromont Industries's Scaled Net Operating Assets

For the Industrial Distribution subindustry, Toromont Industries'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.


Toromont Industries's Scaled Net Operating Assets Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Toromont Industries's Scaled Net Operating Assets distribution charts can be found below:

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



Toromont Industries 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.

Toromont Industries's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2024 )
=(Operating Assets (A: Dec. 2024 )-Operating Liabilities (A: Dec. 2024 ))/Total Assets (A: Dec. 2023 )
=(3977.677-1223.384)/4571.847
=0.60

where

Operating Assets(A: Dec. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4868.492 - 890.815
=3977.677

Operating Liabilities(A: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1913.099 - 531.005 - 158.71
=1223.384

Toromont Industries's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2024 )
=(Operating Assets (Q: Dec. 2024 )-Operating Liabilities (Q: Dec. 2024 ))/Total Assets (Q: Sep. 2024 )
=(3977.677-1223.384)/4714.095
=0.58

where

Operating Assets(Q: Dec. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4868.492 - 890.815
=3977.677

Operating Liabilities(Q: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1913.099 - 531.005 - 158.71
=1223.384

* 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.


Toromont Industries Scaled Net Operating Assets Related Terms

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


Toromont Industries Business Description

Traded in Other Exchanges
Address
3131 Highway 7 West, P.O. Box 5511, Executive Offices, Concord, ON, CAN, L4K 1B7
Toromont Industries Ltd is a Canadian industrial company. The company operates two business segments: Equipment Group and CIMCO. The larger segment by revenue, Equipment Group supplies and rents mobile and stationary machines used in road building, mining, aggregates, public infrastructure, residential construction, power generation, agriculture, forestry, truck engines, industrial, demolition, and waste management. CIMCO offers solutions for the design, engineering, fabrication, and installation of industrial and recreational refrigeration systems. The company operates majorly in Canada and derives a smaller portion of sales from the United States of America and other regions.
Executives
William John Harvey Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Jennifer Cochrane Senior Officer
Peter James Blake Director
Jeffrey Scott Chisholm Director
Frederick James Mifflin Director
Joel Alain Couture Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
David Allan Malinauskas Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Miles Sean Ryan Gregg Senior Officer
Lynn Margaret Korbak Senior Officer
Mike Cuddy Senior Officer
Scott Medhurst Director, Senior Officer
Benjamin David Cherniavsky Director
Wayne S. Hill Director
James Wendell Gill Director
Robert M. Ogilvie Director

Toromont Industries Headlines

No Headlines