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ZCL Composites (TSX:ZCL) Scaled Net Operating Assets : 0.75 (As of Dec. 2018)


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What is ZCL Composites 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.

ZCL Composites's operating assets for the quarter that ended in Dec. 2018 was C$129.1 Mil. ZCL Composites's operating liabilities for the quarter that ended in Dec. 2018 was C$30.8 Mil. ZCL Composites's Total Assets for the quarter that ended in Sep. 2018 was C$131.3 Mil. Therefore, ZCL Composites's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2018 was 0.75.


ZCL Composites Scaled Net Operating Assets Historical Data

The historical data trend for ZCL Composites'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.

ZCL Composites Scaled Net Operating Assets Chart

ZCL Composites Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.73 0.67 0.51 0.52 0.67

ZCL Composites Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 0.60 0.63 0.69 0.74 0.75

Competitive Comparison of ZCL Composites's Scaled Net Operating Assets

For the Oil & Gas Equipment & Services subindustry, ZCL Composites'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.


ZCL Composites's Scaled Net Operating Assets Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, ZCL Composites's Scaled Net Operating Assets distribution charts can be found below:

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



ZCL Composites 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.

ZCL Composites's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2018 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2018 )
=(Operating Assets (A: Dec. 2018 )-Operating Liabilities (A: Dec. 2018 ))/Total Assets (A: Dec. 2017 )
=(129.122-30.803)/146.752
=0.67

where

Operating Assets(A: Dec. 2018 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=146.738 - 17.616
=129.122

Operating Liabilities(A: Dec. 2018 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=47.073 - 0 - 16.27
=30.803

ZCL Composites's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2018 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2018 )
=(Operating Assets (Q: Dec. 2018 )-Operating Liabilities (Q: Dec. 2018 ))/Total Assets (Q: Sep. 2018 )
=(129.122-30.803)/131.3
=0.75

where

Operating Assets(Q: Dec. 2018 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=146.738 - 17.616
=129.122

Operating Liabilities(Q: Dec. 2018 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=47.073 - 0 - 16.27
=30.803

* 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.


ZCL Composites Scaled Net Operating Assets Related Terms

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ZCL Composites (TSX:ZCL) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1420 Parsons Road SouthWest, Edmonton, AB, CAN, T6X 1M5
ZCL Composites Inc is a Canadian company which is principally involved in the manufacturing and distribution of liquid storage systems, including fiberglass storage tanks and related products and accessories. The company also produces and sells in-situ fiberglass tank and tank lining systems and three-dimensional glass fabric material. The operating segments of the company include Aboveground Fluid Containment (Aboveground) and Underground Fluid Containment (Underground). The company earns the majority of its revenue from the United States.

ZCL Composites (TSX:ZCL) Headlines

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