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Knight-Swift Transportation Holdings (Knight-Swift Transportation Holdings) Scaled Net Operating Assets : 0.79 (As of Dec. 2023)


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What is Knight-Swift Transportation Holdings 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.

Knight-Swift Transportation Holdings's operating assets for the quarter that ended in Dec. 2023 was $12,702 Mil. Knight-Swift Transportation Holdings's operating liabilities for the quarter that ended in Dec. 2023 was $2,567 Mil. Knight-Swift Transportation Holdings's Total Assets for the quarter that ended in Sep. 2023 was $12,840 Mil. Therefore, Knight-Swift Transportation Holdings's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.79.


Knight-Swift Transportation Holdings Scaled Net Operating Assets Historical Data

The historical data trend for Knight-Swift Transportation Holdings'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.

Knight-Swift Transportation Holdings Scaled Net Operating Assets Chart

Knight-Swift Transportation Holdings 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 0.84 0.79 1.01 0.83 0.93

Knight-Swift Transportation Holdings 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 0.81 0.85 0.89 0.79 0.78

Competitive Comparison of Knight-Swift Transportation Holdings's Scaled Net Operating Assets

For the Trucking subindustry, Knight-Swift Transportation Holdings'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.


Knight-Swift Transportation Holdings's Scaled Net Operating Assets Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Knight-Swift Transportation Holdings's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Knight-Swift Transportation Holdings's Scaled Net Operating Assets falls into.



Knight-Swift Transportation Holdings 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.

Knight-Swift Transportation Holdings'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 )
=(12702.22-2566.918)/10951.666
=0.93

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=12870.765 - 168.545
=12702.22

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5766.684 - 2595.086 - 604.68
=2566.918

Knight-Swift Transportation Holdings'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: Sep. 2023 )
=(12702.22-2566.918)/12840.281
=0.79

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=12870.765 - 168.545
=12702.22

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5766.684 - 2595.086 - 604.68
=2566.918

* 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.


Knight-Swift Transportation Holdings Scaled Net Operating Assets Related Terms

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Knight-Swift Transportation Holdings (Knight-Swift Transportation Holdings) Business Description

Traded in Other Exchanges
Address
2002 West Wahalla Lane, Phoenix, AZ, USA, 85027
Knight-Swift is the largest truckload, or TL, carrier in the U.S., with a diversified transportation offering. Pro forma for the U.S. Xpress deal, 74% of revenue derives from Knight's asset-based trucking business, with full-truckload (for-hire dry van, refrigerated, and dedicated contract) making up 63% and LTL at 11%. Truck brokerage and other asset-light logistics services make up 14% of revenue, with intermodal near 6%. Knight's intermodal operations use the Class-I railroads for the underlying movement of its shipping containers and also include drayage (regional trucking services to and from inland intermodal ramps/terminals). The remainder of revenue (6%) reflects services offered to shippers and third-party truckers including insurance, equipment maintenance, and equipment leasing.
Executives
Timothy Sean Harrington officer: Exec. Vice Pres. Sales 2200 NORTH 75TH AVENUE, PHOENIX AZ 85027
James L Fitzsimmons officer: Exec. Vice Pres. Operations 2200 NORTH 75TH AVENUE, PHOENIX AZ 85027
Cary M Flanagan officer: Controller SWIFT TRANSPORTATION COMPANY, 2200 SOUTH 75TH AVENUE, PHOENIX AZ 85043
Amy Boerger director 2002 W WAHALLA LANE, PHOENIX AZ 85027
Kevin P Knight director, officer: Executive Chairman 5601 WEST BUCKEYE ROAD, PHOENIX AZ 85043
Joshua Smith officer: CFO, US Xpress Inc. 2002 W WAHALLA LANE, PHOENIX AZ 85027
Dustin Ohlman officer: VP Intermodal 2200 S 75TH AVE, PHOENIX AZ 85043
Reed Stultz officer: SR VP Logistics 2002 W WAHALLA LANE, PHOENIX AZ 85027
Michael K Liu officer: Exec VP of Ops, Knight Trans 5601 WEST BUCKEYE ROAD, PHOENIX AZ 85043
Kathryn L Munro director 200 N WASHINGTON SQUARE, LANSING MI 48933
Jessica Powell director 2002 W WAHALLA, PHOENIX AZ 85027
Updike James E. Jr. officer: EVP Sales & Mkt, Knight Trans. 5601 WEST BUCKEYE ROAD, PHOENIX AZ 85043
Louis Hobson director 2002 W WAHALLA LANE, PHOENIX AZ 85027
Gary J Knight director, officer: Vice Chairman 2200 NORTH 75TH AVENUE, PHOENIX AZ 85027
Reid Dove director 20002 NORTH 19TH AVENUE, PHOENIX AZ 85027