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Jindal Stainless (BOM:532508) Scaled Net Operating Assets : N/A (As of Mar. 2024)


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What is Jindal Stainless 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.

Jindal Stainless's operating assets for the quarter that ended in Mar. 2024 was ₹281,787 Mil. Jindal Stainless's operating liabilities for the quarter that ended in Mar. 2024 was ₹103,905 Mil. Jindal Stainless's Total Assets for the quarter that ended in Dec. 2023 was ₹0 Mil. Therefore, Jindal Stainless's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was N/A.


Jindal Stainless Scaled Net Operating Assets Historical Data

The historical data trend for Jindal Stainless'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.

Jindal Stainless Scaled Net Operating Assets Chart

Jindal Stainless Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.62 0.60 1.27 0.66 0.66

Jindal Stainless 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 - - - - -

Competitive Comparison of Jindal Stainless's Scaled Net Operating Assets

For the Steel subindustry, Jindal Stainless'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.


Jindal Stainless's Scaled Net Operating Assets Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Jindal Stainless's Scaled Net Operating Assets distribution charts can be found below:

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



Jindal Stainless 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.

Jindal Stainless'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 )
=(281786.5-103904.6)/271402.3
=0.66

where

Operating Assets(A: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=308172.5 - 26386
=281786.5

Operating Liabilities(A: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=164427.2 - 46522.4 - 14000.2
=103904.6

Jindal Stainless'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 )
=(281786.5-103904.6)/0
=N/A

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=308172.5 - 26386
=281786.5

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=164427.2 - 46522.4 - 14000.2
=103904.6

* 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.


Jindal Stainless Scaled Net Operating Assets Related Terms

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Jindal Stainless (BOM:532508) Business Description

Traded in Other Exchanges
Address
Jindal Centre, 12, Bhikaiji Cama Place, New Delhi, IND, 110066
Jindal Stainless Ltd is an India-based stainless steel manufacturing company. It offers products such as ferroalloys, stainless steel slabs, and blooms, hot rolled and cold rolled coils, plates, razor blade steel, precision strips, and coin blanks. The firm has a distribution network through its service centers and warehouses in both the Indian and overseas markets. Jindal derives most of the revenue from the sale of steel products.

Jindal Stainless (BOM:532508) Headlines

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