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Lear (LEA) Scaled Net Operating Assets : 0.46 (As of Dec. 2023)


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What is Lear 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.

Lear's operating assets for the quarter that ended in Dec. 2023 was $13,499 Mil. Lear's operating liabilities for the quarter that ended in Dec. 2023 was $6,713 Mil. Lear's Total Assets for the quarter that ended in Sep. 2023 was $14,614 Mil. Therefore, Lear's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.46.


Lear Scaled Net Operating Assets Historical Data

The historical data trend for Lear'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.

Lear Scaled Net Operating Assets Chart

Lear 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 0.47 0.45 0.47 0.48 0.49

Lear Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.48 0.49 0.48 0.46 0.46

Competitive Comparison of Lear's Scaled Net Operating Assets

For the Auto Parts subindustry, Lear'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.


Lear's Scaled Net Operating Assets Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Lear's Scaled Net Operating Assets distribution charts can be found below:

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



Lear 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.

Lear'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 )
=(13499.2-6712.6)/13763
=0.49

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=14695.5 - 1196.3
=13499.2

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=9634.9 - 2742.6 - 179.7
=6712.6

Lear'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 )
=(13499.2-6712.6)/14613.7
=0.46

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=14695.5 - 1196.3
=13499.2

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=9634.9 - 2742.6 - 179.7
=6712.6

* 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.


Lear Scaled Net Operating Assets Related Terms

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Lear (LEA) Business Description

Traded in Other Exchanges
Address
21557 Telegraph Road, Southfield, MI, USA, 48033
Lear designs, develops, and manufactures automotive seating and electrical systems and components. Seating components include frames and mechanisms, covers (leather and woven fabric), seat heating and cooling, foam, and headrests. Automotive electrical distribution and connection systems and electronic systems include wiring harnesses, terminals and connectors, on-board battery chargers, high-voltage battery management systems, high-voltage power distribution systems, domain controllers, telematics control units, gateway modules, vehicle positioning for automated and autonomous driving, embedded control software, cloud and mobile device software and services, and cybersecurity. Lear's largest customer and regional market is GM and North America at 20% and 44% of 2022 revenue, respectively.
Executives
Raymond E Scott director, officer: President & CEO
Carl A. Esposito officer: SVP & President, E-Systems 21557 TELEGRAPH ROAD, SOUTHFIELD MI 48033
Jason M Cardew officer: SVP & CFO 21557 TELEGRAPH ROAD, SOUTHFIELD MI 48033
Frank C Orsini officer: EVP & President, Seating 21557 TELEGRAPH ROAD, SOUTHFIELD MI 48033
Mallett Conrad L Jr director
Greg C Smith director FORD MOTOR COMPANY, 21175 OAKWOOD BLVD, DEARBORN MI 48124
Marianne Vidershain officer: VP, Treasurer 21557 TELEGRAPH ROAD, SOUTHFIELD MI 48033
Jonathan F Foster director 777 THIRD AVE, 30TH FL, NEW YORK NY 10017
Thomas A Didonato officer: SVP & CAO AMERICAN EAGLE OUTFITTERS, INC., 150 THORN HILL DRIVE, WARRENDALE PA 15095
Alicia J. Davis officer: SVP, Corp Dev & Inv Relations 21557 TELEGRAPH ROAD, SOUTHFIELD MI 48033
Roger A Krone director
Patricia L Lewis director C/O UNITEDHEALTH GROUP, 9900 BREN ROAD EAST, MN008-T502, MINNETONKA MN 55343
Bradley M Halverson director 100 N.E. ADAMS STREET, PEORIA IL 61629
Shari L Burgess officer: VP & Treasurer
Harry Albert Kemp officer: SVP, Gen Counsel & Corp Sec 21557 TELEGRAPH ROAD, SOUTHFIELD MI 48033