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MGP Ingredients (FRA:M1I) Scaled Net Operating Assets : 0.83 (As of Mar. 2024)


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What is MGP Ingredients 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.

MGP Ingredients's operating assets for the quarter that ended in Mar. 2024 was €1,261.1 Mil. MGP Ingredients's operating liabilities for the quarter that ended in Mar. 2024 was €197.5 Mil. MGP Ingredients's Total Assets for the quarter that ended in Dec. 2023 was €1,276.8 Mil. Therefore, MGP Ingredients's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.83.


MGP Ingredients Scaled Net Operating Assets Historical Data

The historical data trend for MGP Ingredients'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.

MGP Ingredients Scaled Net Operating Assets Chart

MGP Ingredients 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 1.01 0.81 2.54 0.97 0.95

MGP Ingredients 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 0.84 0.94 0.82 0.81 0.83

Competitive Comparison of MGP Ingredients's Scaled Net Operating Assets

For the Beverages - Wineries & Distilleries subindustry, MGP Ingredients'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.


MGP Ingredients's Scaled Net Operating Assets Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, MGP Ingredients's Scaled Net Operating Assets distribution charts can be found below:

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



MGP Ingredients 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.

MGP Ingredients'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 )
=(1259.921-221.385)/1093.351
=0.95

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1276.783 - 16.862
=1259.921

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=498.189 - 267.893 - 8.911
=221.385

MGP Ingredients'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 )
=(1261.122-197.512)/1276.783
=0.83

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1279.059 - 17.937
=1261.122

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=482.76 - 279.36 - 5.888
=197.512

* 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.


MGP Ingredients Scaled Net Operating Assets Related Terms

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MGP Ingredients (FRA:M1I) Business Description

Traded in Other Exchanges
Address
100 Commercial Street, P.O. Box 130, Atchison, KS, USA, 66002
MGP Ingredients Inc is a producer and supplier of premium distilled spirits and specialty wheat protein and starch food ingredients. MGP also produces high-quality industrial alcohol for use in both food and non-food applications. It operates in three segments: Distillery Solutions, Branded Spirits Segment, and Ingredient Solutions. Distillery Solutions provides distillery co-products, such as distillers feed, fuel grade alcohol, and corn oil: and warehouse services, including barrel put away, storage, and retrieval services. It derives most of its revenue from the Distillery Solutions segment.

MGP Ingredients (FRA:M1I) Headlines

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