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Plug Power (Plug Power) Scaled Net Operating Assets : 0.68 (As of Dec. 2023)


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What is Plug Power 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.

Plug Power's operating assets for the quarter that ended in Dec. 2023 was $4,767.7 Mil. Plug Power's operating liabilities for the quarter that ended in Dec. 2023 was $1,035.8 Mil. Plug Power's Total Assets for the quarter that ended in Sep. 2023 was $5,452.1 Mil. Therefore, Plug Power's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.68.


Plug Power Scaled Net Operating Assets Historical Data

The historical data trend for Plug Power'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.

Plug Power Scaled Net Operating Assets Chart

Plug Power 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 1.56 0.78 1.14 0.47 0.65

Plug Power 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 0.56 0.64 0.70 0.68

Competitive Comparison of Plug Power's Scaled Net Operating Assets

For the Electrical Equipment & Parts subindustry, Plug Power'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.


Plug Power's Scaled Net Operating Assets Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Plug Power's Scaled Net Operating Assets distribution charts can be found below:

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



Plug Power 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.

Plug Power'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 )
=(4767.705-1035.763)/5764.276
=0.65

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4902.738 - 135.033
=4767.705

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2004.613 - 808.971 - 159.879
=1035.763

Plug Power'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 )
=(4767.705-1035.763)/5452.121
=0.68

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4902.738 - 135.033
=4767.705

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2004.613 - 808.971 - 159.879
=1035.763

* 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.


Plug Power Scaled Net Operating Assets Related Terms

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Plug Power (Plug Power) Business Description

Address
968 Albany Shaker Road, Latham, NY, USA, 12110
Plug Power is building an end-to-end green hydrogen ecosystem—from production, storage and delivery to energy generation. The company plans to build and operate green hydrogen highways across North America and Europe. Plug will deliver its green hydrogen solutions directly to its customers and through joint venture partners into multiple end markets—including material handling, e-mobility, power generation, and industrial applications.
Executives
Jose Luis Crespo officer: GM, MATL Handling, Key Accts C/O PLUG POWER INC., 968 ALBANY SHAKER ROAD, LATHAM NY 12110
Mark J Bonney director 2711 N. HASKELL AVENUE, SUITE 2300, DALLAS TX 74204
Patrick Joggerst director C/O BROADSOFT, INC., 9737 WASHINGTONIAN BOULEVARD, SUITE 350, GAITHERSBURG MD 20878
David Mindnich officer: EVP, Global Manufacturing C/O PLUG POWER INC., 968 ALBANY SHAKER ROAD, LATHAM NY 12110
Keith Schmidt officer: GM New Mkts & Pres New Prd Dv C/O CHELSEA THERAPEUTICS, INC., 13950 BALLANTYNE CORPORATE PL, UNIT 325, CHARLOTTE NC 28277
Jean A Bua director
Kavita Mahtani director C/O PLUG POWER INC., 968 ALBANY SHAKER ROAD, LATHAM NY 12110
Dirk Ole Hoefelmann officer: GM, Electrolyzer Solutions C/O PLUG POWER INC., 968 ALBANY SHAKER ROAD, LATHAM NY 12110
Sanjay K Shrestha officer: Chief Strategy Officer 968 ALBANY SHAKER RD, LATHAM NY 12110
Kyungyeol Song director C/O GROVE ENERGY CAPITAL LLC, 55 EAST 59TH ST. 11TH FL., NEW YORK NY 10022
Kim Harriman director C/O PLUG POWER INC., 968 ALBANY SHAKER ROAD, LATHAM NY 12110
Andrew Marsh director, officer: President & CEO 968 ALBANY SHAKER ROAD, LATHAM NY 12110
George C Mcnamee director, officer: Chairman of the Board FIRST ALBANY COMPANIES INC., 677 BROADWAY, ALBANY NY 12207-2990
Jonathan M Silver director 3027 N STREET NW, WASHINGTON DC 20007
Conway Gerard L Jr officer: General Counsel 968 ALBANY-SHAKER ROAD, LATHAM NY 12110