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ECOX (Eco Innovation Group) Scaled Net Operating Assets : -5.18 (As of Sep. 2022)


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What is Eco Innovation Group 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.

Eco Innovation Group's operating assets for the quarter that ended in Sep. 2022 was $0.44 Mil. Eco Innovation Group's operating liabilities for the quarter that ended in Sep. 2022 was $3.76 Mil. Eco Innovation Group's Total Assets for the quarter that ended in Jun. 2022 was $0.64 Mil. Therefore, Eco Innovation Group's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2022 was -5.18.


Eco Innovation Group Scaled Net Operating Assets Historical Data

The historical data trend for Eco Innovation Group'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.

Eco Innovation Group Scaled Net Operating Assets Chart

Eco Innovation Group Annual Data
Trend Dec20 Dec21
Scaled Net Operating Assets
0.53 -3.70

Eco Innovation Group Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.10 -1.87 -20.35 -9.90 -5.18

Competitive Comparison of Eco Innovation Group's Scaled Net Operating Assets

For the Specialty Business Services subindustry, Eco Innovation Group'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.


Eco Innovation Group's Scaled Net Operating Assets Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Eco Innovation Group's Scaled Net Operating Assets distribution charts can be found below:

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



Eco Innovation Group 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.

Eco Innovation Group'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 )
=(0.344-4.259)/1.058
=-3.70

where

Operating Assets(A: Dec. 2021 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.373 - 0.029
=0.344

Operating Liabilities(A: Dec. 2021 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4.654 - 0 - 0.395
=4.259

Eco Innovation Group's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2022 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2022 )
=(Operating Assets (Q: Sep. 2022 )-Operating Liabilities (Q: Sep. 2022 ))/Total Assets (Q: Jun. 2022 )
=(0.439-3.755)/0.64
=-5.18

where

Operating Assets(Q: Sep. 2022 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.454 - 0.015
=0.439

Operating Liabilities(Q: Sep. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4.34 - 0 - 0.585
=3.755

* 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.


Eco Innovation Group Scaled Net Operating Assets Related Terms

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Eco Innovation Group Business Description

Traded in Other Exchanges
N/A
Address
16525 Sherman Way, Suite C-1, Van Nuys, CA, USA, 91406
Eco Innovation Group Inc is a socially responsible and sustainability-focused technology incubator devoted to the commercialization of select intellectual property that has the potential to achieve commercial success.