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Ring Net Co (XKRX:042500) Scaled Net Operating Assets : 0.25 (As of Mar. 2024)


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What is Ring Net Co 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.

Ring Net Co's operating assets for the quarter that ended in Mar. 2024 was ₩82,387 Mil. Ring Net Co's operating liabilities for the quarter that ended in Mar. 2024 was ₩44,128 Mil. Ring Net Co's Total Assets for the quarter that ended in Dec. 2023 was ₩151,943 Mil. Therefore, Ring Net Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.25.


Ring Net Co Scaled Net Operating Assets Historical Data

The historical data trend for Ring Net Co'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.

Ring Net Co Scaled Net Operating Assets Chart

Ring Net Co 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 0.23 0.04 0.38 0.59 0.33

Ring Net Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.46 0.37 0.25 0.37 0.25

Competitive Comparison of Ring Net Co's Scaled Net Operating Assets

For the Information Technology Services subindustry, Ring Net Co'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.


Ring Net Co's Scaled Net Operating Assets Distribution in the Software Industry

For the Software industry and Technology sector, Ring Net Co's Scaled Net Operating Assets distribution charts can be found below:

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



Ring Net Co 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.

Ring Net Co'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 )
=(108094.66-55102.168)/160910.718
=0.33

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=151943.392 - 43848.732
=108094.66

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=55823.929 - 6.263 - 715.498
=55102.168

Ring Net Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2024 )
=(Operating Assets (Q: Mar. 2024 )-Operating Liabilities (Q: Mar. 2024 ))/Total Assets (Q: Dec. 2023 )
=(82386.529-44128.258)/151943.392
=0.25

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=142684.105 - 60297.576
=82386.529

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=44819.809 - 2.764 - 688.787
=44128.258

* 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.


Ring Net Co Scaled Net Operating Assets Related Terms

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Ring Net Co (XKRX:042500) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 27, No. 409, Samsung IT Valley, 4th Floor, Guro-gu, Seoul, KOR
Ring Net Co Ltd is a specialized ICT service company. It offers solutions in the business areas of Network integration, System integration, Advanced service, Cloud, Collaboration and Security. System integration establishes an optimum information system through convergence and integration of complex IT resources; Network Integration relates to building network architecture and optimizing network infrastructure; Advanced Service provides services according to IT life cycle for consulting, construction, maintenance, and optimization; Cloud service provides virtualization, server and storage solutions for cloud computing environments; Collaboration covers IT telephony, unified communication, video conference and CCTV solution; and Security area provides security solutions.

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