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YOU (Clear Secure) Scaled Net Operating Assets : -0.24 (As of Sep. 2024)


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What is Clear Secure 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.

Clear Secure's operating assets for the quarter that ended in Sep. 2024 was $313.9 Mil. Clear Secure's operating liabilities for the quarter that ended in Sep. 2024 was $554.5 Mil. Clear Secure's Total Assets for the quarter that ended in Jun. 2024 was $982.4 Mil. Therefore, Clear Secure's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was -0.24.


Clear Secure Scaled Net Operating Assets Historical Data

The historical data trend for Clear Secure'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.

Clear Secure Scaled Net Operating Assets Chart

Clear Secure Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
-0.30 -0.23 -0.33 -0.08 -0.22

Clear Secure 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 -0.14 -0.21 -0.29 -0.31 -0.25

Competitive Comparison of Clear Secure's Scaled Net Operating Assets

For the Software - Application subindustry, Clear Secure'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.


Clear Secure's Scaled Net Operating Assets Distribution in the Software Industry

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

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



Clear Secure 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.

Clear Secure'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 )
=(321.912-548.403)/1037.517
=-0.22

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1045.009 - 723.097
=321.912

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=675.785 - 121.655 - 5.727
=548.403

Clear Secure'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 )
=(313.88-554.458)/982.382
=-0.24

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=858.577 - 544.697
=313.88

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=677.539 - 117.071 - 6.01
=554.458

* 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.


Clear Secure Scaled Net Operating Assets Related Terms

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Clear Secure Business Description

Industry
Traded in Other Exchanges
N/A
Address
85 10th Avenue,, 9th Floor, New York, NY, USA, 10011
Clear Secure Inc is an identity company making experiences safer and easier digitally and physically. It is involved in the creation of a frictionless travel experience while enhancing security. Its secure identity platform uses biometrics to automate the identity verification process through lanes in airports which helps to make the travel experience safe and easy.
Executives
Alclear Investments Ii, Llc director, 10 percent owner, other: See Remarks 65 EAST 55TH STREET, 17TH FLOOR, NEW YORK NY 10022
Kenneth L. Cornick director, 10 percent owner, officer: President & CFO 65 EAST 55TH STREET, 17TH FLOOR, NEW YORK NY 10022
Dennis W. Liu officer: Chief Accounting Officer 65 EAST 55TH STREET, 17TH FLOOR, NEW YORK NY 10022
Michael Z Barkin director 390 INTERLOCKEN CRESCENT, SUITE 1000, BROOMFIELD CO 80021
Jeffery H Boyd director C/O ASPEN GROVE CAPITAL, LLC, PO BOX 9389, AVON CO 81620
Patterson Richard N. Jr. officer: Chief Info Sec. Officer 65 EAST 55TH STREET, 17TH FLOOR, NEW YORK NY 10022
Kasra Moshkani officer: EVP, Operations 85 10TH AVE., 9TH FLOOR, NEW YORK NY 10022
Durable Capital Partners Lp 10 percent owner 4747 BETHESDA AVENUE, SUITE #1002, BETHESDA MD 20814
Shawn Henry director CROWDSTRIKE HOLDINGS, INC., 150 MATHILDA PLACE, SUITE 300, SUNNYVALE CA 94086
Jonathan J. Feldman officer: EVP, Powered by CLEAR 85 10TH AVE., 9TH FLOOR, NEW YORK NY 10011
Gapco Aiv Interholdco (ac), L.p. 10 percent owner C/O GENERAL ATLANTIC SERVICE CO., L.P., 55 EAST 52ND STREET, 33RD FLOOR, NEW YORK NY 10055
General Atlantic, L.p. 10 percent owner 55 EAST 52ND STREET, 33RD FLOOR, NEW YORK NY 10055
General Atlantic Partners Aiv (ac), L.p. 10 percent owner C/O GENERAL ATLANTIC SERVICE CO., L.P., 55 EAST 52ND STREET, 33RD FLOOR, NEW YORK NY 10055
Matthew Levine officer: GC & Chief Privacy Officer 65 EAST 55TH STREET, 17TH FLOOR, NEW YORK NY 10022
Alclear Investments, Llc director, 10 percent owner, other: See Remarks 65 EAST 55TH STREET, 17TH FLOOR, NEW YORK NY 10022