GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Hove A/S (OCSE:HOVE) » Definitions » Scaled Net Operating Assets

Hove A/S (OCSE:HOVE) Scaled Net Operating Assets : 0.61 (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Hove A/S 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.

Hove A/S's operating assets for the quarter that ended in Dec. 2023 was kr82.8 Mil. Hove A/S's operating liabilities for the quarter that ended in Dec. 2023 was kr16.8 Mil. Hove A/S's Total Assets for the quarter that ended in Jun. 2023 was kr107.9 Mil. Therefore, Hove A/S's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.61.


Hove A/S Scaled Net Operating Assets Historical Data

The historical data trend for Hove A/S'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.

Hove A/S Scaled Net Operating Assets Chart

Hove A/S Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
0.66 0.83 0.94 0.68 0.57

Hove A/S Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Scaled Net Operating Assets Get a 7-Day Free Trial 0.80 0.62 0.62 0.62 0.61

Competitive Comparison of Hove A/S's Scaled Net Operating Assets

For the Specialty Chemicals subindustry, Hove A/S'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.


Hove A/S's Scaled Net Operating Assets Distribution in the Chemicals Industry

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

* The bar in red indicates where Hove A/S's Scaled Net Operating Assets falls into.



Hove A/S 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.

Hove A/S'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 )
=(82.786-16.777)/115.381
=0.57

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=96.416 - 13.63
=82.786

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=24.993 - 7.375 - 0.841
=16.777

Hove A/S'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: Jun. 2023 )
=(82.786-16.777)/107.919
=0.61

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=96.416 - 13.63
=82.786

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=24.993 - 7.375 - 0.841
=16.777

* 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.


Hove A/S Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of Hove A/S's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Hove A/S (OCSE:HOVE) Business Description

Industry
Traded in Other Exchanges
Address
Herstedostervej 7, Glostrup, DNK, 2600
Hove A/S is engaged in developing and designing complete advanced lubrication solutions. Its products cover Hove Smart Lube, Lubrication solutions, and Beinlich & Hafnia pumps.

Hove A/S (OCSE:HOVE) Headlines

No Headlines