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Encore Wire (Encore Wire) Scaled Net Operating Assets : 0.60 (As of Dec. 2023)


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What is Encore Wire 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.

Encore Wire's operating assets for the quarter that ended in Dec. 2023 was $1,407 Mil. Encore Wire's operating liabilities for the quarter that ended in Dec. 2023 was $220 Mil. Encore Wire's Total Assets for the quarter that ended in Sep. 2023 was $1,979 Mil. Therefore, Encore Wire's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.60.


Encore Wire Scaled Net Operating Assets Historical Data

The historical data trend for Encore Wire'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.

Encore Wire Scaled Net Operating Assets Chart

Encore Wire 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 0.67 0.74 0.93 0.71 0.59

Encore Wire 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 0.55 0.57 0.59 0.60 0.61

Competitive Comparison of Encore Wire's Scaled Net Operating Assets

For the Electrical Equipment & Parts subindustry, Encore Wire'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.


Encore Wire's Scaled Net Operating Assets Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Encore Wire's Scaled Net Operating Assets distribution charts can be found below:

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



Encore Wire 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.

Encore Wire'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 )
=(1407.277-220.335)/2018.732
=0.59

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1967.912 - 560.635
=1407.277

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=220.335 - 0 - 0
=220.335

Encore Wire's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2023 )
=(Operating Assets (Q: Dec. 2023 )-Operating Liabilities (Q: Dec. 2023 ))/Total Assets (Q: Sep. 2023 )
=(1407.277-220.335)/1978.989
=0.60

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1967.912 - 560.635
=1407.277

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=220.335 - 0 - 0
=220.335

* 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.


Encore Wire Scaled Net Operating Assets Related Terms

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Encore Wire (Encore Wire) Business Description

Traded in Other Exchanges
Address
1329 Millwood Road, McKinney, TX, USA, 75069
Encore Wire Corp is engaged in manufacturing electrical building wire and cable. It supplies building wire for interior electrical wiring in commercial and industrial buildings, homes, apartments, and manufactured housing. The company's principal customers are wholesale electrical distributors, who sell building wire and a variety of other products to electrical contractors. Encore offers an electrical building wire product line that consists primarily of NM-B cable, UF-B cable, THHN/THWN-2, XHHW-2, RHH/RHW-2, and other types of wire products, including tray cable, metal-clad, and armored cable.
Executives
William Kelvin Walker director 1329 MILLWOOD ROAD, MCKINNEY TX 75069
Matthew D. Ford officer: Controller 1329 MILLWOOD ROAD, MCKINNEY TX 75069
Daniel L Jones director, officer: Chairman, President & CEO 1410 MILLWOOD RD, C/O ENCORE WIRE CORP, MCKINNEY TX 75069
Bret J Eckert officer: Vice President - Finance & CFO P O BOX 650205, DALLAS TX 75265
Gregory J Fisher director 14643 DALLAS PAKWAY, STE 1000, DALLAS TX 75254-8890
Scott D Weaver director C/O WESTERN REFINING, INC., 6500 TROWBRIDGE DRIVE, EL PASO TX 79905
Thomas William R Iii director 12900 PRESTON ROAD, SUITE 700, DALLAS TX 75230
John H Wilson director 12900 PRESTON RD, STE 700, DALLAS TX 75230
Gina A. Norris director 1329 MILLWOOD ROAD, MCKINNEY TX 75069
Frank J Bilban officer: Vice President - Finance & CFO 1410 MILLWOOD RD, C/O ENCORE WIRE CORP, MCKINNEY TX 75069
Donald Eugene Courtney director
Capital Southwest Corp director 8333 DOUGLAS AVE, SUITE 1100, DALLAS TX 75225
Norman R Medlen officer: Controller 1410 MILLWOOD RD, C/O ENCORE WIRE CORP, MCKINNEY TX 75069
Cunningham Thomas Lee Iii director
Joseph M Brito director 1410 MILLWOOD RD, C/O ENCORE WIRE CORP, MCKINNEY TX 75069

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