Borouge (ADX:BOROUGE) Scaled Net Operating Assets : 0.74 (As of Mar. 2024)

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What is Borouge 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.

Borouge's operating assets for the quarter that ended in Mar. 2024 was د.إ30,847 Mil. Borouge's operating liabilities for the quarter that ended in Mar. 2024 was د.إ6,632 Mil. Borouge's Total Assets for the quarter that ended in Dec. 2023 was د.إ32,851 Mil. Therefore, Borouge's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.74.

Borouge Scaled Net Operating Assets Historical Data

The historical data trend for Borouge'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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Borouge Scaled Net Operating Assets Chart

Borouge Annual Data

Trend

Dec21

Dec22

Dec23

Scaled Net Operating Assets

0.73

Borouge Quarterly Data
	Mar21	Dec21	Mar22	Sep22	Mar23	Jun23	Sep23	Dec23	Mar24
Scaled Net Operating Assets	Get a 7-Day Free Trial				0.75	0.85	0.82	0.85	0.74

Competitive Comparison of Borouge's Scaled Net Operating Assets

For the Specialty Chemicals subindustry, Borouge'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.

Borouge's Scaled Net Operating Assets Distribution in the Chemicals Industry

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

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

Borouge 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.

Borouge'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 )
=	(31535.654	-	3991.559)	/	37594.369
=	0.73

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	32851.163	-	1315.509
=	31535.654

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	16154.189	-	12132.045	-	30.585
=	3991.559

Borouge'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 )
=	(30847.469	-	6632.115)	/	32851.163
=	0.74

where

	Operating Assets		(Q: Mar. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	33739.657	-	2892.188
=	30847.469

	Operating Liabilities		(Q: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	18428.901	-	11765.955	-	30.831
=	6632.115

Borouge Scaled Net Operating Assets Related Terms

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Borouge (ADX:BOROUGE) Business Description

Industry

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Traded in Other Exchanges

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Address

El Corniche Street, PO Box 6925, Borouge Tower, Sheikh Khalifa Energy Complex, Abu Dhabi, ARE

Website

https://www.borouge.com

Borouge Plc petrochemical company that provides innovative solutions of polyolefins such as polyethylene and polypropylene for a wide range of industries such as packaging, infrastructure, energy, mobility, agriculture, and healthcare.

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