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MITIE Group (LSE:MTO) Scaled Net Operating Assets : 0.13 (As of Sep. 2023)


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What is MITIE Group 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.

MITIE Group's operating assets for the quarter that ended in Sep. 2023 was £1,611 Mil. MITIE Group's operating liabilities for the quarter that ended in Sep. 2023 was £1,373 Mil. MITIE Group's Total Assets for the quarter that ended in Mar. 2023 was £1,827 Mil. Therefore, MITIE Group's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2023 was 0.13.


MITIE Group Scaled Net Operating Assets Historical Data

The historical data trend for MITIE Group'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.

MITIE Group Scaled Net Operating Assets Chart

MITIE Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.16 0.27 0.17 0.06 0.10

MITIE Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 0.09 0.06 0.10 0.10 0.13

Competitive Comparison of MITIE Group's Scaled Net Operating Assets

For the Specialty Business Services subindustry, MITIE Group'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.


MITIE Group's Scaled Net Operating Assets Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, MITIE Group's Scaled Net Operating Assets distribution charts can be found below:

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



MITIE Group 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.

MITIE Group's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2023 )
=(Operating Assets (A: Mar. 2023 )-Operating Liabilities (A: Mar. 2023 ))/Total Assets (A: Mar. 2022 )
=(1585.5-1405.7)/1821.4
=0.10

where

Operating Assets(A: Mar. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1827.4 - 241.9
=1585.5

Operating Liabilities(A: Mar. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1405.7 - 0 - 0
=1405.7

MITIE Group's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2023 )
=(Operating Assets (Q: Sep. 2023 )-Operating Liabilities (Q: Sep. 2023 ))/Total Assets (Q: Mar. 2023 )
=(1611.1-1373.3)/1827.4
=0.13

where

Operating Assets(Q: Sep. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1784.9 - 173.8
=1611.1

Operating Liabilities(Q: Sep. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1373.3 - 0 - 0
=1373.3

* 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.


MITIE Group Scaled Net Operating Assets Related Terms

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MITIE Group (LSE:MTO) Business Description

Traded in Other Exchanges
Address
32 London Bridge Street, The Shard, Level 12, Southwark, London, GBR, SE1 9SG
MITIE Group PLC is a U.K.-based company. The company has five reportable segments: Technical services, Business services, care, and custody, Landscapes, Waste, Communities, Specialist Services, and Spain. Through these segments, the company provides facilities management, consultancy, and security services. The company generates the majority of its revenue from the technical services and business services segments. Geographically, the company generates a majority of its revenue from the United Kingdom.

MITIE Group (LSE:MTO) Headlines

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