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Horizon Global (Horizon Global) Scaled Net Operating Assets : 0.36 (As of Sep. 2022)


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What is Horizon Global 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.

Horizon Global's operating assets for the quarter that ended in Sep. 2022 was $402.3 Mil. Horizon Global's operating liabilities for the quarter that ended in Sep. 2022 was $200.9 Mil. Horizon Global's Total Assets for the quarter that ended in Jun. 2022 was $554.8 Mil. Therefore, Horizon Global's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2022 was 0.36.


Horizon Global Scaled Net Operating Assets Historical Data

The historical data trend for Horizon Global'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.

Horizon Global Scaled Net Operating Assets Chart

Horizon Global Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only 0.63 0.41 0.51 0.56 0.59

Horizon Global Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 0.57 0.58 0.62 0.62 0.36

Competitive Comparison of Horizon Global's Scaled Net Operating Assets

For the Auto Parts subindustry, Horizon Global'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.


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

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

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



Horizon Global 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.

Horizon Global's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2021 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2021 )
=(Operating Assets (A: Dec. 2021 )-Operating Liabilities (A: Dec. 2021 ))/Total Assets (A: Dec. 2020 )
=(427.14-157.9)/456.49
=0.59

where

Operating Assets(A: Dec. 2021 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=438.92 - 11.78
=427.14

Operating Liabilities(A: Dec. 2021 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=479.17 - 306.48 - 14.79
=157.9

Horizon Global's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2022 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2022 )
=(Operating Assets (Q: Sep. 2022 )-Operating Liabilities (Q: Sep. 2022 ))/Total Assets (Q: Jun. 2022 )
=(402.29-200.9)/554.81
=0.36

where

Operating Assets(Q: Sep. 2022 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=410.05 - 7.76
=402.29

Operating Liabilities(Q: Sep. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=525.72 - 239.77 - 85.05
=200.9

* 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.


Horizon Global Scaled Net Operating Assets Related Terms

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Horizon Global (Horizon Global) Business Description

Traded in Other Exchanges
N/A
Address
47912 Halyard Drive, Suite 100, Plymouth, MI, USA, 48170
Horizon Global Corp designs, manufactures and distributes towing, trailering, cargo management and related products for original equipment to aftermarket, automotive, and retail markets. It holds various brands including draw tite, hayman reese, reese, aqua clear, bulldog, fulton, harper, hidden hitch, highland, laitner, park side, pro series, reese towpower, rola, tekonsha, tow ready, trimotive americas and wesberg. The company's geographical segment includes Horizon Americas and Horizon Europe-Africa.
Executives
Jian James Zhou officer: Chief Financial Officer 47912 HALYARD DRIVE, STE.100, PLYMOUTH MI 48170
John Frederick Barrett director 47912 HALYARD ROAD, SUITE 100, PLYMOUTH MI 48170
Corre Partners Management, Llc director, other: See Remarks 12 EAST 49TH STREET, SUITE 4003, NEW YORK NY 10017
John C Kennedy director GRAND RAPIDS 616- 698 0707, KENTWOOD MI 49512
Ryan L Langdon director 1901 N ROSELLE RD., SUITE 500, SCHAUMBURG IL 60195
Terry Gohl director, officer: President, CEO 27175 HAGGERTY ROAD, NOVI MI 48377
Debra Sue Oler director 3 GRENADIER COURT, LINCOLNSHIRE IL 60069
Donna Costello director 17 STEWART COURT, WESTWOOD NJ 07675
Matthew Pollick officer: Chief Operating Officer 47912 HALYARD ROAD, STE. 100, PLYMOUTH MI 48170
Dennis E. Richardville officer: Chief Financial Officer 47912 HALYARD DRIVE, SUITE 100, PLYMOUTH MI 48170
Matthew Joseph Meyer other: Chief Accounting Officer 47912 HALYARD ROAD, SUITE 100, PLYMOUTH MI 48170
Richard J. Jok officer: Interim Chief Financial Office 47912 HALYARD ROAD, SUITE 100, PLYMOUTH MI 48170
Atlas Capital Resources Ii Lp 10 percent owner ONE SOUND SHORE DRIVE, #203, GREENWICH CT 06830
James F Sistek officer: Chief Administrative Officer ONE VILLAGE CENTER DRIVE, VAN BUREN TOWNSHIP MI 48111
Harry James Wilson director VISTEON CORPORATION, ONE VILLAGE CENTER DRIVE, VAN BUREN TOWNSHIP MI 48111