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REC (BOM:532955) Scaled Net Operating Assets : 0.96 (As of Mar. 2024)


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What is REC 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.

REC's operating assets for the quarter that ended in Mar. 2024 was ₹5,464,308 Mil. REC's operating liabilities for the quarter that ended in Mar. 2024 was ₹332,734 Mil. REC's Total Assets for the quarter that ended in Dec. 2023 was ₹5,348,457 Mil. Therefore, REC's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.96.

REC 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.

REC's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2024 )
=(Operating Assets (A: Mar. 2024 )-Operating Liabilities (A: Mar. 2024 ))/Total Assets (A: Mar. 2023 )
=(5464307.6-332733.5)/4655027.5
=1.10

where

Operating Assets(A: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=5481910.9 - 17603.3
=5464307.6

Operating Liabilities(A: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4788408.5 - 4455675 - 0
=332733.5

REC'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 )
=(5464307.6-332733.5)/5348456.7
=0.96

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=5481910.9 - 17603.3
=5464307.6

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4788408.5 - 4455675 - 0
=332733.5

* 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.

REC Scaled Net Operating Assets Related Terms

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REC (BOM:532955) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » REC Ltd (BOM:532955) » Definitions » Scaled Net Operating Assets
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Traded in Other Exchanges
RECLTD:India
Address
Plot No. I-4, Sector 29, Gurugram, HR, IND, 122001
Website
https://www.recindia.nic.in
REC Ltd is a nonbanking financial company operating in India. The company's main objective is to finance and promote power sector projects on the subcontinent. REC provides loan assistance to numerous state power utilities, private sector project developers, central power sector utilities, and state governments. REC investments include power generation, power transmission, power distribution, and other system improvement initiatives. REC is also instrumental in implementing several initiatives spearheaded on behalf of the government of India, including rural electrification. The majority of its revenue derives from long-term financing.