Shimmick (Shimmick) Scaled Net Operating Assets : 0.13 (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Shimmick 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.

Shimmick's operating assets for the quarter that ended in Mar. 2024 was $350.7 Mil. Shimmick's operating liabilities for the quarter that ended in Mar. 2024 was $293.5 Mil. Shimmick's Total Assets for the quarter that ended in Dec. 2023 was $426.7 Mil. Therefore, Shimmick's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.13.

Shimmick Scaled Net Operating Assets Historical Data

The historical data trend for Shimmick'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.

Shimmick Scaled Net Operating Assets Chart

Shimmick Annual Data

Trend

Dec21

Dec22

Dec23

Scaled Net Operating Assets

-0.03

-0.02

0.12

Shimmick Quarterly Data
	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Scaled Net Operating Assets	Get a 7-Day Free Trial				-	-	0.13	0.11	0.13

Competitive Comparison of Shimmick's Scaled Net Operating Assets

For the Engineering & Construction subindustry, Shimmick'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.

Shimmick's Scaled Net Operating Assets Distribution in the Construction Industry

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

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

Shimmick 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.

Shimmick'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 )
=	(363.713	-	311.49)	/	446.799
=	0.12

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	426.652	-	62.939
=	363.713

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	356.162	-	44.672	-	0
=	311.49

Shimmick'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 )
=	(350.666	-	293.531)	/	426.652
=	0.13

where

	Operating Assets		(Q: Mar. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	377.993	-	27.327
=	350.666

	Operating Liabilities		(Q: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	339.875	-	46.344	-	0
=	293.531

Shimmick Scaled Net Operating Assets Related Terms

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

Shimmick (Shimmick) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Shimmick Corp (NAS:SHIM) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

530 Technology Drive, Suite 300, Irvine, CA, USA, 92618

Website

https://www.shimmick.com

Shimmick Corp is a leading provider of water and other critical infrastructure solutions nationwide. It selectively focuses on the following types of infrastructure projects: Water Treatment, Water Resources, and Other Critical Infrastructure. In water treatment projects the company expands, rehabilitates, upgrades, builds and rebuilds water and wastewater treatment infrastructure, including desalination plants. In water resources projects company builds, expands, and improves water storage and conveyance, dams, levees, flood control systems, pump stations, and coastal protection. In Other Critical Infrastructure projects, It builds, retrofits, expands, rehabilitates, operates, and maintains its nation's critical infrastructure, including mass transit, bridges, and military infrastructure.

Shimmick (Shimmick) Headlines

From GuruFocus

Shimmick Corp (SHIM) Reports Solid Earnings Amidst Strategic Shifts

By GuruFocus Research • 12-19-2023