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Salzgitter AG (XTER:SZG) Scaled Net Operating Assets : 0.39 (As of Mar. 2024)


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What is Salzgitter AG 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.

Salzgitter AG's operating assets for the quarter that ended in Mar. 2024 was €9,867 Mil. Salzgitter AG's operating liabilities for the quarter that ended in Mar. 2024 was €5,772 Mil. Salzgitter AG's Total Assets for the quarter that ended in Dec. 2023 was €10,502 Mil. Therefore, Salzgitter AG's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.39.


Salzgitter AG Scaled Net Operating Assets Historical Data

The historical data trend for Salzgitter AG'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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Salzgitter AG Scaled Net Operating Assets Chart

Salzgitter AG 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 0.37 0.38 0.50 0.54 0.47

Salzgitter AG 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 0.36 0.36 0.35 0.47 0.39

Competitive Comparison of Salzgitter AG's Scaled Net Operating Assets

For the Steel subindustry, Salzgitter AG'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.


Salzgitter AG's Scaled Net Operating Assets Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Salzgitter AG's Scaled Net Operating Assets distribution charts can be found below:

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



Salzgitter AG 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.

Salzgitter AG'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 )
=(9562.3-4366.7)/11103.3
=0.47

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=10502 - 939.7
=9562.3

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5667.5 - 360.2 - 940.6
=4366.7

Salzgitter AG'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 )
=(9866.9-5772)/10502
=0.39

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=10607.4 - 740.5
=9866.9

* 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.


Salzgitter AG Scaled Net Operating Assets Related Terms

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Salzgitter AG (XTER:SZG) Business Description

Industry
Traded in Other Exchanges
Address
Eisenhüttenstrasse 99, Salzgitter, DEU, 38239
Salzgitter AG is a German-based steel & technology company. The segments of the company are Steel Production, Steel Processing, Trading, & Technology business. The majority is derived from the trading segment. Steel Production Business Unit manufactures high-quality branded steel & special steel. Steel Processing Business Unit produce a broad spectrum of high-grade plate products. Trading Business Unit operates a tightly-knit European sales network & trading companies & agencies that ensure that Salzgitter Group's products & services are marketed efficiently. Technology Business Unit operates in the filling & packing technology segment, as well as in special machinery engineering for shoe manufacturing & elastomer production. Geographically, the majority is derived from domestic markets.

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