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Xos (XOS) Scaled Net Operating Assets : 0.73 (As of Mar. 2024)


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What is Xos 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.

Xos's operating assets for the quarter that ended in Mar. 2024 was $88.81 Mil. Xos's operating liabilities for the quarter that ended in Mar. 2024 was $20.73 Mil. Xos's Total Assets for the quarter that ended in Dec. 2023 was $93.68 Mil. Therefore, Xos's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.73.


Xos Scaled Net Operating Assets Historical Data

The historical data trend for Xos'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.

Xos Scaled Net Operating Assets Chart

Xos Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
-1.37 4.77 0.39 0.34

Xos Quarterly Data
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 0.43 0.48 0.56 0.56 0.73

Competitive Comparison of Xos's Scaled Net Operating Assets

For the Farm & Heavy Construction Machinery subindustry, Xos'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.


Xos's Scaled Net Operating Assets Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Xos's Scaled Net Operating Assets distribution charts can be found below:

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



Xos 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.

Xos'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 )
=(82.044-17.97)/189.936
=0.34

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=93.684 - 11.64
=82.044

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=48.488 - 25.496 - 5.022
=17.97

Xos'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 )
=(88.812-20.726)/93.684
=0.73

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=134.98 - 46.168
=88.812

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=67.174 - 40.487 - 5.961
=20.726

* 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.


Xos Scaled Net Operating Assets Related Terms

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Xos (XOS) Business Description

Traded in Other Exchanges
Address
3550 Tyburn Street, Unit 100, Los Angeles, CA, USA, 90065
Xos Inc is an electric mobility company. It designs and develops fully electric battery mobility systems specifically for commercial fleets. The company's primary focus is on medium- and heavy-duty commercial vehicles that travel on last mile routes. The company leverages its proprietary technologies to provide commercial fleets zero emission vehicles that are easier to maintain and more cost-efficient on a total cost of ownership basis than internal combustion engine and commercial EV counterparts.
Executives
Jose Castaneda officer: VP, Business Development 3550 TYBURN STREET, UNIT 100, LOS ANGELES CA 90065
Liana Pogosyan officer: Acting Chief Financial Officer C/O XOS, INC., 3550 TYBURN STREET, LOS ANGELES CA 90065
George N Mattson director C/O DELTA AIR LINES, INC., P.O. BOX 20574, DEPT. 981, ATLANTA GA 30320
Robert Ferber officer: Chief Technology Officer 3550 TYBURN STREET, UNIT 100, LOS ANGELES CA 90065
Giordano Sordoni director, officer: Chief Operating Officer 3550 TYBURN STREET, UNIT 100, LOS ANGELES CA 90065
Dakota Semler director, officer: Chief Executive Officer 3550 TYBURN STREET, UNIT 100, LOS ANGELES CA 90065
Edward J Rapp director 100 NE ADAMS STREET, PEORIA IL 61629
Stuart N. Bernstein director C/O XOS, INC., 3550 TYBURN STREET, LOS ANGELES CA 90065
Christen T Romero officer: General Counsel 3550 TYBURN STREET, UNIT 100, LOS ANGELES CA 90065
Anousheh Ansari director 10560 DR. MARTIN LUTHER KING JR. ST. N., ST. PETERSBURG, FL FL 33716
Alice K Jackson director 1800 LARIMER STREET, DENVER CO 80202
Burt Jordan director 4387 CHERRY HILL DRIVE, ORCHARD LAKE MI 48323
Kingsley Afemikhe officer: Chief Financial Officer 3550 TYBURN STREET, UNIT 100, LOS ANGELES CA 90065
Aljomaih Automotive Co. 10 percent owner P.O. BOX 224, KING KHALID STREET, ALJOMAIH BUILDING, 1ST FLOOR, DAMMAM T0 31411
Emerald Green Trust 10 percent owner 3211 MULHOLLAND HIGHWAY, MALIBU CA 90265