QRS Music Technologies (QRS Music Technologies) Scaled Net Operating Assets : 0.81 (As of Mar. 2007)

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What is QRS Music Technologies 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.

QRS Music Technologies's operating assets for the quarter that ended in Mar. 2007 was $11.96 Mil. QRS Music Technologies's operating liabilities for the quarter that ended in Mar. 2007 was $1.56 Mil. QRS Music Technologies's Total Assets for the quarter that ended in Dec. 2006 was $12.87 Mil. Therefore, QRS Music Technologies's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2007 was 0.81.

QRS Music Technologies Scaled Net Operating Assets Historical Data

The historical data trend for QRS Music Technologies'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.

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QRS Music Technologies Scaled Net Operating Assets Chart

QRS Music Technologies Annual Data

Trend

Jun01

Jun02

Jun03

Jun04

Jun05

Jun06

Scaled Net Operating Assets

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0.69

0.84

0.78

0.92

0.91

QRS Music Technologies Quarterly Data
	Jun02	Sep02	Dec02	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07
Scaled Net Operating Assets	Get a 7-Day Free Trial															0.91	0.83	0.79	0.80	0.81

Competitive Comparison of QRS Music Technologies's Scaled Net Operating Assets

For the Leisure subindustry, QRS Music Technologies'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.

QRS Music Technologies's Scaled Net Operating Assets Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, QRS Music Technologies's Scaled Net Operating Assets distribution charts can be found below:

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

QRS Music Technologies 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.

QRS Music Technologies's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2006 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Jun. 2006 )
=	(Operating Assets (A: Jun. 2006 )	-	Operating Liabilities (A: Jun. 2006 ))	/	Total Assets (A: Jun. 2005 )
=	(12.99	-	2.238)	/	11.783
=	0.91

where

	Operating Assets		(A: Jun. 2006 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	13.046	-	0.056
=	12.99

	Operating Liabilities		(A: Jun. 2006 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	3.252	-	0.678	-	0.336
=	2.238

QRS Music Technologies's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2007 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Mar. 2007 )
=	(Operating Assets (Q: Mar. 2007 )	-	Operating Liabilities (Q: Mar. 2007 ))	/	Total Assets (Q: Dec. 2006 )
=	(11.958	-	1.556)	/	12.872
=	0.81

where

	Operating Assets		(Q: Mar. 2007 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	12.333	-	0.375
=	11.958

	Operating Liabilities		(Q: Mar. 2007 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	2.671	-	0.611	-	0.504
=	1.556

QRS Music Technologies Scaled Net Operating Assets Related Terms

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QRS Music Technologies (QRS Music Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » QRS Music Technologies Inc (OTCPK:QRSM) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

269 Quaker Drive, Seneca, PA, USA, 16346

Website

https://www.qrsmusic.com

QRS Music Technologies Inc manufactures and distributes pianos, pianomation units and compact discs and music rolls for use in player pianos. The firm has a presence in Buffalo, New York and Seneca, Pennsylvania within the United States and internationally in Belmain NSW, Australia. It also operates a sales and procurement office in Hong Kong, China.

QRS Music Technologies (QRS Music Technologies) Headlines

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