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Solid State System Co (ROCO:3259) Scaled Net Operating Assets : 0.58 (As of Mar. 2024)


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What is Solid State System Co 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.

Solid State System Co's operating assets for the quarter that ended in Mar. 2024 was NT$328.9 Mil. Solid State System Co's operating liabilities for the quarter that ended in Mar. 2024 was NT$32.9 Mil. Solid State System Co's Total Assets for the quarter that ended in Dec. 2023 was NT$508.9 Mil. Therefore, Solid State System Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.58.


Solid State System Co Scaled Net Operating Assets Historical Data

The historical data trend for Solid State System Co'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.

Solid State System Co Scaled Net Operating Assets Chart

Solid State System Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.58 0.59 0.89 0.68 0.52

Solid State System Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.74 0.74 0.69 0.58

Competitive Comparison of Solid State System Co's Scaled Net Operating Assets

For the Semiconductors subindustry, Solid State System Co'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.


Solid State System Co's Scaled Net Operating Assets Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Solid State System Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Solid State System Co's Scaled Net Operating Assets falls into.



Solid State System Co 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.

Solid State System Co'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 )
=(367.208-39.71)/629.79
=0.52

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=508.935 - 141.727
=367.208

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=82.827 - 1.593 - 41.524
=39.71

Solid State System Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2024 )
=(Operating Assets (Q: Mar. 2024 )-Operating Liabilities (Q: Mar. 2024 ))/Total Assets (Q: Dec. 2023 )
=(328.888-32.86)/508.935
=0.58

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=452.132 - 123.244
=328.888

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=89.389 - 29.088 - 27.441
=32.86

* 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.


Solid State System Co Scaled Net Operating Assets Related Terms

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Solid State System Co (ROCO:3259) Business Description

Traded in Other Exchanges
N/A
Address
No. 22, Tai Yuen Street, 5th Floor-1, Tai Yuen Hi-Tech Industrial Park, Hsinchu County, Zhubei City, TWN, 30288
Solid State System Co Ltd is engaged in the production and distribution of flash memory controller integrated circuits and audio ICs. It offers various storage solutions, including USB flash controllers and SSD turn-key solutions; multimedia audio solutions, such as USB speakers, USB headsets, and USB line-in controllers; and MEMS microphones.

Solid State System Co (ROCO:3259) Headlines

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