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COCH (Envoy Medical) Scaled Net Operating Assets : -0.65 (As of Jun. 2024)


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What is Envoy Medical 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.

Envoy Medical's operating assets for the quarter that ended in Jun. 2024 was $4.99 Mil. Envoy Medical's operating liabilities for the quarter that ended in Jun. 2024 was $10.54 Mil. Envoy Medical's Total Assets for the quarter that ended in Mar. 2024 was $8.48 Mil. Therefore, Envoy Medical's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2024 was -0.65.


Envoy Medical Scaled Net Operating Assets Historical Data

The historical data trend for Envoy Medical'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.

Envoy Medical Scaled Net Operating Assets Chart

Envoy Medical Annual Data
Trend Dec21 Dec22 Dec23
Scaled Net Operating Assets
-8.61 -0.70 -2.12

Envoy Medical Quarterly Data
Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.23 -0.23 -0.92 -0.65

Competitive Comparison of Envoy Medical's Scaled Net Operating Assets

For the Medical Devices subindustry, Envoy Medical'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.


Envoy Medical's Scaled Net Operating Assets Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Envoy Medical's Scaled Net Operating Assets distribution charts can be found below:

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



Envoy Medical 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.

Envoy Medical'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 )
=(3.422-8.84)/2.556
=-2.12

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=7.64 - 4.218
=3.422

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=9.402 - 0.404 - 0.158
=8.84

Envoy Medical's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2024 )
=(Operating Assets (Q: Jun. 2024 )-Operating Liabilities (Q: Jun. 2024 ))/Total Assets (Q: Mar. 2024 )
=(4.991-10.536)/8.48
=-0.65

where

Operating Assets(Q: Jun. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6.737 - 1.746
=4.991

Operating Liabilities(Q: Jun. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=19.124 - 8.413 - 0.175
=10.536

* 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.


Envoy Medical Scaled Net Operating Assets Related Terms

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Envoy Medical Business Description

Traded in Other Exchanges
N/A
Address
4875 White Bear Parkway, White Bear Lake, MN, USA, 55110
Envoy Medical Inc is a hearing health company focused on providing innovative medical technologies. It is dedicated to pushing hearing technology beyond the status quo to provide patients with improved access, usability, independence and quality of life.

Envoy Medical Headlines

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