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ACE Aviation Holdings (TSXV:ACE.H) Scaled Net Operating Assets : 0.03 (As of Sep. 2023)


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What is ACE Aviation Holdings 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.

ACE Aviation Holdings's operating assets for the quarter that ended in Sep. 2023 was C$0.23 Mil. ACE Aviation Holdings's operating liabilities for the quarter that ended in Sep. 2023 was C$0.02 Mil. ACE Aviation Holdings's Total Assets for the quarter that ended in Jun. 2023 was C$6.21 Mil. Therefore, ACE Aviation Holdings's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2023 was 0.03.


ACE Aviation Holdings Scaled Net Operating Assets Historical Data

The historical data trend for ACE Aviation Holdings'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.

ACE Aviation Holdings Scaled Net Operating Assets Chart

ACE Aviation Holdings Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec18 Dec19 Dec20 Dec21
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -0.01 - 0.01

ACE Aviation Holdings Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Dec14 Dec18 Dec19 Dec20 Dec21 Mar22 Jun22 Sep22 Mar23 Jun23 Sep23
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 - - - 0.04 0.03

Competitive Comparison of ACE Aviation Holdings's Scaled Net Operating Assets

For the Airlines subindustry, ACE Aviation Holdings'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.


ACE Aviation Holdings's Scaled Net Operating Assets Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, ACE Aviation Holdings's Scaled Net Operating Assets distribution charts can be found below:

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



ACE Aviation Holdings 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.

ACE Aviation Holdings'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 )
=(0.182-0.099)/6.558
=0.01

where

Operating Assets(A: Dec. 2021 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6.363 - 6.181
=0.182

Operating Liabilities(A: Dec. 2021 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.099 - 0 - 0
=0.099

ACE Aviation Holdings's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2023 )
=(Operating Assets (Q: Sep. 2023 )-Operating Liabilities (Q: Sep. 2023 ))/Total Assets (Q: Jun. 2023 )
=(0.229-0.019)/6.212
=0.03

where

Operating Assets(Q: Sep. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6.274 - 6.045
=0.229

Operating Liabilities(Q: Sep. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.019 - 0 - 0
=0.019

* 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.


ACE Aviation Holdings Scaled Net Operating Assets Related Terms

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ACE Aviation Holdings (TSXV:ACE.H) Business Description

Traded in Other Exchanges
N/A
Address
1155 Rene-Levesque Boulevard West, 40th Floor, Montreal, QC, CAN, H3B 3V2
ACE Aviation Holdings Inc is an investment holding company that currently holds shares and warrants of Air Canada. It has shed its other businesses and is actively considering new investments or returning cash to shareholders.

ACE Aviation Holdings (TSXV:ACE.H) Headlines

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