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U.S. Xpress Enterprises (U.S. Xpress Enterprises) Scaled Net Operating Assets : 0.77 (As of Mar. 2023)


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What is U.S. Xpress Enterprises 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.

U.S. Xpress Enterprises's operating assets for the quarter that ended in Mar. 2023 was $1,347 Mil. U.S. Xpress Enterprises's operating liabilities for the quarter that ended in Mar. 2023 was $281 Mil. U.S. Xpress Enterprises's Total Assets for the quarter that ended in Dec. 2022 was $1,381 Mil. Therefore, U.S. Xpress Enterprises's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2023 was 0.77.


U.S. Xpress Enterprises Scaled Net Operating Assets Historical Data

The historical data trend for U.S. Xpress Enterprises'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.

U.S. Xpress Enterprises Scaled Net Operating Assets Chart

U.S. Xpress Enterprises Annual Data
Trend Dec05 Dec06 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.80 0.98 0.79 0.80 0.83

U.S. Xpress Enterprises Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 0.76 0.75 0.79 0.78 0.77

Competitive Comparison of U.S. Xpress Enterprises's Scaled Net Operating Assets

For the Trucking subindustry, U.S. Xpress Enterprises'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.


U.S. Xpress Enterprises's Scaled Net Operating Assets Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, U.S. Xpress Enterprises's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where U.S. Xpress Enterprises's Scaled Net Operating Assets falls into.



U.S. Xpress Enterprises 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.

U.S. Xpress Enterprises's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2022 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2022 )
=(Operating Assets (A: Dec. 2022 )-Operating Liabilities (A: Dec. 2022 ))/Total Assets (A: Dec. 2021 )
=(1379.19-319.919)/1270.043
=0.83

where

Operating Assets(A: Dec. 2022 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1381.465 - 2.275
=1379.19

Operating Liabilities(A: Dec. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1139.4 - 590.37 - 229.111
=319.919

U.S. Xpress Enterprises's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2023 )
=(Operating Assets (Q: Mar. 2023 )-Operating Liabilities (Q: Mar. 2023 ))/Total Assets (Q: Dec. 2022 )
=(1346.796-281.428)/1381.465
=0.77

where

Operating Assets(Q: Mar. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1349.759 - 2.963
=1346.796

Operating Liabilities(Q: Mar. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1133.25 - 625.571 - 226.251
=281.428

* 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.


U.S. Xpress Enterprises Scaled Net Operating Assets Related Terms

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U.S. Xpress Enterprises (U.S. Xpress Enterprises) Business Description

Traded in Other Exchanges
N/A
Address
4080 Jenkins Road, Chattanooga, TN, USA, 37421
U.S. Xpress Enterprises Inc provides transportation services throughout the United States, with a focus on the densely populated and economically diverse eastern half of the United States. The Company offers its customers a broad portfolio of services using its own asset-based truckload fleet and third-party carriers through its asset-light freight brokerage network. The Company has two reportable segments; the Truckload segment offers asset-based truckload services, including over-the-road (OTR) trucking and dedicated contract services, and the Brokerage segment is engaged in asset-light freight brokerage services, where loads are contracted to third-party carriers.
Executives
Nathan H Harwell officer: EVP, Chief Legal Off., Sec. 4080 JENKINS ROAD, CHATTANOOGA TN 37421
Amanda R Thompson officer: EVP - People and Safety 4080 JENKINS ROAD, CHATTANOOGA TN 37421
Justin C Harness officer: EVP - Operations 4080 JENKINS ROAD, CHATTANOOGA TN 37421
Jason Grear officer: EVP - Accounting & Finance 4080 JENKINS ROAD, CHATTANOOGA TN 37421
Eric A. Peterson officer: Chief Financial Off. & Treas. 4080 JENKINS ROAD, CHATTANOOGA TN 37421
Max L. Fuller 2008 Irrevocable Trust Fbo William E. Fuller 10 percent owner 4080 JENKINS ROAD, CHATTANOOGA TN 37421
Janice Fuller 10 percent owner, other: Co-Trustee 4080 JENKINS ROAD, CHATTANOOGA TN 37421
Fuller Family Enterprises, Llc 10 percent owner 4080 JENKINS ROAD, CHATTANOOGA TN 37421
William Eric Fuller director, 10 percent owner, officer: President & CEO, other: Co-Trustee & Managing GP 4080 JENKINS ROAD, CHATTANOOGA TN 37421
Edward Hall Braman director 3310 WEST END AVENUE, SUITE 700, NASHVILLE TN 37203
Dennis Alan Nash director 4450 BELDEN VILLAGE ST. NW #800, CANTON OH 44718
Jon Beizer director 4080 JENKINS ROAD, CHATTANOOGA TN 37421
Jennifer Buckner director 4080 JENKINS ROAD, CHATTANOOGA TN 37421
Michael L Ducker director P O BOX 813, LIBERTY CORNER NJ 07938
John C Rickel director 4080 JENKINS ROAD, CHATTANOOGA TN 37421

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