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TAT Technologies (TAT Technologies) Scaled Net Operating Assets : 0.75 (As of Mar. 2024)


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What is TAT Technologies 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.

TAT Technologies's operating assets for the quarter that ended in Mar. 2024 was $132.0 Mil. TAT Technologies's operating liabilities for the quarter that ended in Mar. 2024 was $22.7 Mil. TAT Technologies's Total Assets for the quarter that ended in Dec. 2023 was $145.6 Mil. Therefore, TAT Technologies's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.75.


TAT Technologies Scaled Net Operating Assets Historical Data

The historical data trend for TAT Technologies'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.

TAT Technologies Scaled Net Operating Assets Chart

TAT Technologies 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 0.74 0.62 0.69 0.88 0.83

TAT Technologies 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 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 0.76 0.76 0.81 0.80 0.75

Competitive Comparison of TAT Technologies's Scaled Net Operating Assets

For the Aerospace & Defense subindustry, TAT Technologies'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.


TAT Technologies's Scaled Net Operating Assets Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, TAT Technologies's Scaled Net Operating Assets distribution charts can be found below:

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



TAT Technologies 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.

TAT Technologies'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 )
=(129.598-24.94)/126.651
=0.83

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=145.577 - 15.979
=129.598

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=54.894 - 14.583 - 15.371
=24.94

TAT Technologies'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 )
=(131.976-22.672)/145.577
=0.75

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=140.949 - 8.973
=131.976

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=48.141 - 14.312 - 11.157
=22.672

* 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.


TAT Technologies Scaled Net Operating Assets Related Terms

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TAT Technologies (TAT Technologies) Business Description

Traded in Other Exchanges
Address
Hamelacha 5, Netanya, ISR, 4250540
TAT Technologies Ltd is a provider of solutions and services to the aerospace and defence industries focused mainly on the four segments: Original equipment manufacturing (OEM); MRO services for heat transfer; MRO services for aviation components; Overhaul and coating of jet engine components. The company design, develop and manufacture Heat Exchangers, Cooling Systems, Cold Plates, Vapor-Cycle Air Conditioning Systems (for both land and airborne applications) and flow accessories.