Enlight Renewable Energy (Enlight Renewable Energy) Scaled Net Operating Assets : 0.85 (As of Mar. 2024)

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What is Enlight Renewable Energy 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.

Enlight Renewable Energy's operating assets for the quarter that ended in Mar. 2024 was $4,381.8 Mil. Enlight Renewable Energy's operating liabilities for the quarter that ended in Mar. 2024 was $447.5 Mil. Enlight Renewable Energy's Total Assets for the quarter that ended in Dec. 2023 was $4,633.9 Mil. Therefore, Enlight Renewable Energy's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.85.

Enlight Renewable Energy Scaled Net Operating Assets Historical Data

The historical data trend for Enlight Renewable Energy'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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Enlight Renewable Energy Scaled Net Operating Assets Chart

Enlight Renewable Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Scaled Net Operating Assets

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1.20

1.25

1.05

1.06

Enlight Renewable Energy 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															0.89	0.84	0.86	0.88	0.85

Competitive Comparison of Enlight Renewable Energy's Scaled Net Operating Assets

For the Utilities - Renewable subindustry, Enlight Renewable Energy'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.

Enlight Renewable Energy's Scaled Net Operating Assets Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Enlight Renewable Energy's Scaled Net Operating Assets distribution charts can be found below:

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

Enlight Renewable Energy 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.

Enlight Renewable Energy'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 )
=	(4224.808	-	498.406)	/	3533.367
=	1.05

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	4633.921	-	409.113
=	4224.808

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	3197.964	-	2339.476	-	360.082
=	498.406

Enlight Renewable Energy'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 )
=	(4381.845	-	447.46)	/	4633.921
=	0.85

where

	Operating Assets		(Q: Mar. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	4633.46	-	251.615
=	4381.845

	Operating Liabilities		(Q: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	3174.557	-	2333.863	-	393.234
=	447.46

Enlight Renewable Energy Scaled Net Operating Assets Related Terms

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Enlight Renewable Energy (Enlight Renewable Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Enlight Renewable Energy Ltd (NAS:ENLT) » Definitions » Scaled Net Operating Assets

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ENLT:Israel

Address

13 Amal Street, P.O. Box 11659, Afek Industrial Park, Rosh Haayin, ISR, 4809249

Website

https://www.enlightenergy.co.il

Enlight Renewable Energy Ltd is a green energy company. It specializes in initiating, developing, financing, constructing, managing, and operating electricity production projects involved in generating electricity from renewable energy sources. It also provides installation services. The company's segments are Photovoltaic Israel, Israel wind, Eastern Europe wind, Eastern Europe Photovoltaic, Western Europe wind energy, and Management and construction. The company generates the majority of its revenue from its Photovoltaic business in Israel and Eastern Europe.