Solid Automotive Bhd (XKLS:5242) Scaled Net Operating Assets : 0.65 (As of Jan. 2024)

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What is Solid Automotive Bhd 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.

Solid Automotive Bhd's operating assets for the quarter that ended in Jan. 2024 was RM244.1 Mil. Solid Automotive Bhd's operating liabilities for the quarter that ended in Jan. 2024 was RM49.6 Mil. Solid Automotive Bhd's Total Assets for the quarter that ended in Oct. 2023 was RM297.2 Mil. Therefore, Solid Automotive Bhd's scaled net operating assets (SNOA) for the quarter that ended in Jan. 2024 was 0.65.

Solid Automotive Bhd Scaled Net Operating Assets Historical Data

The historical data trend for Solid Automotive Bhd'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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Solid Automotive Bhd Scaled Net Operating Assets Chart

Solid Automotive Bhd Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Scaled Net Operating Assets

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1.03

0.77

0.72

0.76

0.74

Solid Automotive Bhd Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Scaled Net Operating Assets	Get a 7-Day Free Trial															0.69	0.70	0.70	0.68	0.66

Competitive Comparison of Solid Automotive Bhd's Scaled Net Operating Assets

For the Auto Parts subindustry, Solid Automotive Bhd'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.

Solid Automotive Bhd's Scaled Net Operating Assets Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Solid Automotive Bhd's Scaled Net Operating Assets distribution charts can be found below:

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

Solid Automotive Bhd 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.

Solid Automotive Bhd's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Apr. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Apr. 2023 )
=	(Operating Assets (A: Apr. 2023 )	-	Operating Liabilities (A: Apr. 2023 ))	/	Total Assets (A: Apr. 2022 )
=	(249.074	-	37.062)	/	288.221
=	0.74

where

	Operating Assets		(A: Apr. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	293.272	-	44.198
=	249.074

	Operating Liabilities		(A: Apr. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	97.243	-	7.608	-	52.573
=	37.062

Solid Automotive Bhd's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jan. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Jan. 2024 )
=	(Operating Assets (Q: Jan. 2024 )	-	Operating Liabilities (Q: Jan. 2024 ))	/	Total Assets (Q: Oct. 2023 )
=	(244.111	-	49.555)	/	297.218
=	0.65

where

	Operating Assets		(Q: Jan. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	300.529	-	56.418
=	244.111

	Operating Liabilities		(Q: Jan. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	100.36	-	7.582	-	43.223
=	49.555

Solid Automotive Bhd Scaled Net Operating Assets Related Terms

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Solid Automotive Bhd (XKLS:5242) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Solid Automotive Bhd (XKLS:5242) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

PLO 436, Jalan Gangsa, Kawasan Perindustrian Pasir Gudang, Pasir Gudang, JHR, MYS, 81700

Website

https://www.solidautomotive.com

Solid Automotive Bhd is engaged in the business of investment holding and the provision of management services. The company's operating segment includes Automotive electrical parts; Automotive engine and mechanical parts and Others. It generates maximum revenue from the Automotive electrical parts segment. Automotive electrical parts segment is involved in the trading and distribution of automotive batteries, lubricants, industrial supplies, electrical parts, and components. Geographically, it derives a majority of revenue from Malaysia and also has a presence in the Middle East and Africa and Other Countries.

Solid Automotive Bhd (XKLS:5242) Headlines

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