Kumba Iron Ore (JSE:KIO) Scaled Net Operating Assets : 0.66 (As of Dec. 2023)

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What is Kumba Iron Ore 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.

Kumba Iron Ore's operating assets for the quarter that ended in Dec. 2023 was R83,644 Mil. Kumba Iron Ore's operating liabilities for the quarter that ended in Dec. 2023 was R26,003 Mil. Kumba Iron Ore's Total Assets for the quarter that ended in Jun. 2023 was R86,752 Mil. Therefore, Kumba Iron Ore's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.66.

Kumba Iron Ore Scaled Net Operating Assets Historical Data

The historical data trend for Kumba Iron Ore'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.

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Kumba Iron Ore Scaled Net Operating Assets Chart

Kumba Iron Ore Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Scaled Net Operating Assets

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0.56

0.62

0.54

0.57

0.70

Kumba Iron Ore Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Scaled Net Operating Assets	Get a 7-Day Free Trial															0.44	0.58	0.56	0.60	0.66

Competitive Comparison of Kumba Iron Ore's Scaled Net Operating Assets

For the Steel subindustry, Kumba Iron Ore'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.

Kumba Iron Ore's Scaled Net Operating Assets Distribution in the Steel Industry

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

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

Kumba Iron Ore 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.

Kumba Iron Ore'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 )
=	(83644	-	26003)	/	82659
=	0.70

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	98724	-	15080
=	83644

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	30502	-	179	-	4320
=	26003

Kumba Iron Ore'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: Jun. 2023 )
=	(83644	-	26003)	/	86752
=	0.66

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	98724	-	15080
=	83644

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	30502	-	179	-	4320
=	26003

Kumba Iron Ore Scaled Net Operating Assets Related Terms

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Kumba Iron Ore (JSE:KIO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Kumba Iron Ore Ltd (JSE:KIO) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

KIROY:USA KUI:Germany

Address

144 Oxford Road, Rosebank, Melrose, Johannesburg, GT, ZAF, 2196

Website

https://www.angloamericankumba.com

Kumba Iron Ore Ltd is engaged in the exploration, mining, processing blending and sale of iron ore to the global steel industry. The company primarily operates in South Africa, with mining operations in the Northern Cape and Limpopo provinces, as well as a head office in Centurion, Gauteng, and a port operation in Saldanha Bay, Western Cape. The company's flagship asset is the Sishen mine, which it holds a majority stake, located near the town of Kathu in the Northern Cape Province. The Sishen mine is an opencast mine and produces the bulk of the group's iron ore, most of which is exported. It also holds interest in Kolomela mine.