GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Steelcase Inc (NYSE:SCS) » Definitions » Scaled Net Operating Assets

Steelcase (Steelcase) Scaled Net Operating Assets : 0.53 (As of Feb. 2024)


View and export this data going back to 1998. Start your Free Trial

What is Steelcase 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.

Steelcase's operating assets for the quarter that ended in Feb. 2024 was $1,918 Mil. Steelcase's operating liabilities for the quarter that ended in Feb. 2024 was $720 Mil. Steelcase's Total Assets for the quarter that ended in Nov. 2023 was $2,247 Mil. Therefore, Steelcase's scaled net operating assets (SNOA) for the quarter that ended in Feb. 2024 was 0.53.


Steelcase Scaled Net Operating Assets Historical Data

The historical data trend for Steelcase'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.

Steelcase Scaled Net Operating Assets Chart

Steelcase Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.55 0.47 0.58 0.63 0.54

Steelcase Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.63 0.66 0.64 0.57 0.53

Competitive Comparison of Steelcase's Scaled Net Operating Assets

For the Business Equipment & Supplies subindustry, Steelcase'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.


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

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

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



Steelcase 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.

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

Scaled Net Operating Assets (SNOA)(A: Feb. 2024 )
=(Operating Assets (A: Feb. 2024 )-Operating Liabilities (A: Feb. 2024 ))/Total Assets (A: Feb. 2023 )
=(1918.1-719.6)/2202.8
=0.54

where

Operating Assets(A: Feb. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2236.7 - 318.6
=1918.1

Operating Liabilities(A: Feb. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1349.6 - 584.9 - 45.1
=719.6

Steelcase's Scaled Net Operating Assets (SNOA) for the quarter that ended in Feb. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Feb. 2024 )
=(Operating Assets (Q: Feb. 2024 )-Operating Liabilities (Q: Feb. 2024 ))/Total Assets (Q: Nov. 2023 )
=(1918.1-719.6)/2246.9
=0.53

where

Operating Assets(Q: Feb. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2236.7 - 318.6
=1918.1

Operating Liabilities(Q: Feb. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1349.6 - 584.9 - 45.1
=719.6

* 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.


Steelcase Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of Steelcase's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Steelcase (Steelcase) Business Description

Traded in Other Exchanges
Address
901 44th Street SE, Grand Rapids, MI, USA, 49508
Steelcase Inc is a furniture company primarily based in the United States and has operations in Europe, the Middle East, and Africa. Steelcase markets its products primarily through a network of independent and company-owned dealers. The company operates through the Americas segment, the EMEA segment and the Other category. The Americas segment offers architecture, furniture and technology products is marketed to corporate, government, healthcare, education and retail customers, EMEA segment provides furniture systems, storage and seating solutions. Majority of revenue is generated from Americas segment.
Executives
Nicole Cherie Mcgrath officer: VP, Corp Controller and CAO 901 44TH STREET SE, GRAND RAPIDS MI 49508
Robert G Krestakos officer: VP, Global Operations 901 44TH STREET SE, GRAND RAPIDS MI 49508
David C Sylvester officer: Senior Vice President, CFO 901 44TH STREET SE, GRAND RAPIDS MI 49508
Lizbeth S O'shaughnessy officer: Senior VP, CLO and Secretary 901 44TH STREET SE, GRAND RAPIDS MI 49508
Wege Peter M Ii director 901 44TH ST SE, GRAND RAPIDS MI 49508
Sanjay Gupta director 2775 SANDERS ROAD, NORTHBROOK IL 60062
Sara E Armbruster officer: VP, WS Futures & Corp Strategy 901 44TH STREET SE, GRAND RAPIDS MI 49508
Jennifer C Niemann director 901 44TH STREET SE, GRAND RAPIDS MI 49508
Steven Douglas Miller officer: VP, Chief Technology Officer 901 44TH STREET SE, GRAND RAPIDS MI 49508
Guillaume M Alvarez officer: Senior VP, EMEA 901 44TH STREET SE, GRAND RAPIDS MI 49508
Kate P Wolters director 901 44TH ST, GRAND RAPIDS MI 49508
Robin L Zondervan officer: Corporate Controller and CAO 901 44TH STREET SE, GRAND RAPIDS MI 49508
Eddy F Schmitt officer: Senior VP, Americas 901 44TH STREET SE, GRAND RAPIDS MI 49508
Linda K Williams director 901 44TH STREET SE, GRAND RAPIDS MI 49508
Donna K Flynn officer: VP, Global Talent Management 901 44TH STREET SE, GRAND RAPIDS MI 49508

Steelcase (Steelcase) Headlines

From GuruFocus

Steelcase Named One of the World's Most Admired Companies by FORTUNE�

By Stock market mentor Stock market mentor 02-03-2023

What's Driving Steelcase Inc's Surprising 55% Stock Rally?

By GuruFocus Research 09-20-2023

Steelcase to Webcast First Quarter Fiscal 2024 Conference Call

By sperokesalga sperokesalga 06-01-2023

Steelcase Announces Appointment of Sanjay Gupta to Board of Directors

By Value_Insider Value_Insider 10-20-2022

Steelcase Inc's Dividend Analysis

By GuruFocus Research 01-02-2024

Steelcase to Webcast Third Quarter Conference Call

By Value_Insider Value_Insider 11-30-2022

What's Driving Steelcase Inc's Surprising 27% Stock Rally?

By GuruFocus Research 10-31-2023