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Scope Metals Group (XTAE:SCOP) Scaled Net Operating Assets : 0.75 (As of Sep. 2024)


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What is Scope Metals Group 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.

Scope Metals Group's operating assets for the quarter that ended in Sep. 2024 was ₪1,885 Mil. Scope Metals Group's operating liabilities for the quarter that ended in Sep. 2024 was ₪241 Mil. Scope Metals Group's Total Assets for the quarter that ended in Jun. 2024 was ₪2,180 Mil. Therefore, Scope Metals Group's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.75.


Scope Metals Group Scaled Net Operating Assets Historical Data

The historical data trend for Scope Metals Group'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.

Scope Metals Group Scaled Net Operating Assets Chart

Scope Metals Group 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 0.71 0.73 0.70 0.80 0.72

Scope Metals Group 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 0.72 0.71 0.72 0.74 0.75

Competitive Comparison of Scope Metals Group's Scaled Net Operating Assets

For the Industrial Distribution subindustry, Scope Metals Group'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.


Scope Metals Group's Scaled Net Operating Assets Distribution in the Industrial Distribution Industry

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

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



Scope Metals Group 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.

Scope Metals Group'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 )
=(1739.297-211.334)/2115.947
=0.72

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2120.979 - 381.682
=1739.297

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1136.153 - 549.894 - 374.925
=211.334

Scope Metals Group'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 )
=(1884.722-240.839)/2179.514
=0.75

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2238.86 - 354.138
=1884.722

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1118.63 - 435.907 - 441.884
=240.839

* 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.


Scope Metals Group Scaled Net Operating Assets Related Terms

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Scope Metals Group Business Description

Traded in Other Exchanges
N/A
Address
3 Hamerkava Street, Re'em Industrial Park, Bne Ayish, ISR, 60860
Scope Metals Group Ltd operates as a one-stop shop on a Just-In-Time delivery basis. The company supplies stainless steel, aluminum, magnesium, steel and steel alloys, plastics, nickel alloys, brass, bronze, copper, lead and titanium. It offers its products to different industries from food processing and pharmaceuticals, energy, water, chemicals and petrochemicals, fertilizers, aerospace and aviation, machining, military, elevators and construction, solar energy, infrastructure to microelectronics, high tech and more.

Scope Metals Group Headlines

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