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National Tyre Services (XZIM:NTS.ZW) Scaled Net Operating Assets : 1.59 (As of Mar. 2023)


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What is National Tyre Services 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.

National Tyre Services's operating assets for the quarter that ended in Mar. 2023 was ZWL14,500 Mil. National Tyre Services's operating liabilities for the quarter that ended in Mar. 2023 was ZWL2,579 Mil. National Tyre Services's Total Assets for the quarter that ended in Mar. 2022 was ZWL7,486 Mil. Therefore, National Tyre Services's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2023 was 1.59.


National Tyre Services Scaled Net Operating Assets Historical Data

The historical data trend for National Tyre Services'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.

National Tyre Services Scaled Net Operating Assets Chart

National Tyre Services Annual Data
Trend Mar09 Mar11 Mar12 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.69 1.51 8.13 1.59 31.67

National Tyre Services Semi-Annual Data
Mar11 Mar12 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Mar22 Mar23 Mar24
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.65 1.88 8.13 1.59 31.67

Competitive Comparison of National Tyre Services's Scaled Net Operating Assets

For the Auto Parts subindustry, National Tyre Services'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.


National Tyre Services's Scaled Net Operating Assets Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where National Tyre Services's Scaled Net Operating Assets falls into.



National Tyre Services 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.

National Tyre Services's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2024 )
=(Operating Assets (A: Mar. 2024 )-Operating Liabilities (A: Mar. 2024 ))/Total Assets (A: Mar. 2023 )
=(514906.395-54520.326)/14535.66
=31.67

where

Operating Assets(A: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=516949.282 - 2042.887
=514906.395

Operating Liabilities(A: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=94601.888 - 13632.617 - 26448.945
=54520.326

National Tyre Services's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2023 )
=(Operating Assets (Q: Mar. 2023 )-Operating Liabilities (Q: Mar. 2023 ))/Total Assets (Q: Mar. 2022 )
=(14500.459-2578.895)/7486.183
=1.59

where

Operating Assets(Q: Mar. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=14535.66 - 35.201
=14500.459

Operating Liabilities(Q: Mar. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3778.531 - 180.917 - 1018.719
=2578.895

* 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.


National Tyre Services Scaled Net Operating Assets Related Terms

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National Tyre Services Business Description

Traded in Other Exchanges
N/A
Address
Corner Cripps and Seke Roads, P.O. Box 3018, Stand No. 4608, Graniteside, Harare, ZWE
National Tyre Services Ltd is engaged in reprocessing and the retailing of tyres. The company is a retailer of new tyres and tubes. In addition, its other activities include relugging of agriculture and earth moving tyres and the procurement of truck tyres for the Zimbabwe transport industry. The company's product consists of Dunlop, Bridgestone, Firestone, Yokohama, Pirelli, Bandag, Regal, and Comforser which offers passenger, sports utility vehicle, light truck, trucks, and bus, off-the-road, agriculture, application-specific and light truck tyres. The company has over 10 retail outlets situated throughout the country with over three being located in Harare.

National Tyre Services Headlines

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