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Nordic Flanges Group AB (OSTO:NFGAB) Scaled Net Operating Assets : 0.39 (As of Dec. 2023)


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What is Nordic Flanges Group AB 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.

Nordic Flanges Group AB's operating assets for the quarter that ended in Dec. 2023 was kr125.3 Mil. Nordic Flanges Group AB's operating liabilities for the quarter that ended in Dec. 2023 was kr57.9 Mil. Nordic Flanges Group AB's Total Assets for the quarter that ended in Jun. 2023 was kr172.1 Mil. Therefore, Nordic Flanges Group AB's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.39.


Nordic Flanges Group AB Scaled Net Operating Assets Historical Data

The historical data trend for Nordic Flanges Group AB'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.

Nordic Flanges Group AB Scaled Net Operating Assets Chart

Nordic Flanges Group AB 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 0.62 0.51 0.67 0.67 0.47

Nordic Flanges Group AB Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.57 0.47 0.58 0.50 0.39

Competitive Comparison of Nordic Flanges Group AB's Scaled Net Operating Assets

For the Metal Fabrication subindustry, Nordic Flanges Group AB'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.


Nordic Flanges Group AB's Scaled Net Operating Assets Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nordic Flanges Group AB's Scaled Net Operating Assets distribution charts can be found below:

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



Nordic Flanges Group AB 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.

Nordic Flanges Group AB'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 )
=(125.296-57.922)/144.507
=0.47

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=129.53 - 4.234
=125.296

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=110.553 - 25.964 - 26.667
=57.922

Nordic Flanges Group AB'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 )
=(125.296-57.922)/172.13
=0.39

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=129.53 - 4.234
=125.296

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=110.553 - 25.964 - 26.667
=57.922

* 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.


Nordic Flanges Group AB Scaled Net Operating Assets Related Terms

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Nordic Flanges Group AB (OSTO:NFGAB) Business Description

Traded in Other Exchanges
N/A
Address
Herkulesgatan 14, Stockholm, SWE, 111 52
Nordic Flanges Group AB is a manufacturer and supplier of standard and special flanges in Nordic countries. It provides flange solutions in stainless steel, aluminum and carbon steel. Its products include stock flanges, welding necks, welding rings and loose flanges in stainless steel, carbon steel and stock other types of flanges, DIN 2642 flanges, DIN 2527 blind flanges and DIN 2673 flanges for plastic piping.

Nordic Flanges Group AB (OSTO:NFGAB) Headlines

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