Sharps Technology (Sharps Technology) Scaled Net Operating Assets : 0.48 (As of Mar. 2024)

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What is Sharps Technology 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.

Sharps Technology's operating assets for the quarter that ended in Mar. 2024 was $8.64 Mil. Sharps Technology's operating liabilities for the quarter that ended in Mar. 2024 was $2.94 Mil. Sharps Technology's Total Assets for the quarter that ended in Dec. 2023 was $11.79 Mil. Therefore, Sharps Technology's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.48.

Sharps Technology Scaled Net Operating Assets Historical Data

The historical data trend for Sharps Technology'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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Sharps Technology Scaled Net Operating Assets Chart

Sharps Technology Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Scaled Net Operating Assets

0.15

1.06

0.93

0.42

Sharps Technology Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Scaled Net Operating Assets	Get a 7-Day Free Trial									0.48	0.43	0.43	0.34	0.48

Competitive Comparison of Sharps Technology's Scaled Net Operating Assets

For the Medical Instruments & Supplies subindustry, Sharps Technology'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.

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

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

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

Sharps Technology 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.

Sharps Technology'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 )
=	(8.776	-	3.855)	/	11.84
=	0.42

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	11.789	-	3.013
=	8.776

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	3.855	-	0	-	0
=	3.855

Sharps Technology'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 )
=	(8.638	-	2.943)	/	11.789
=	0.48

where

	Operating Assets		(Q: Mar. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	9.804	-	1.166
=	8.638

	Operating Liabilities		(Q: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	2.943	-	0	-	0
=	2.943

Sharps Technology Scaled Net Operating Assets Related Terms

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Sharps Technology (Sharps Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Sharps Technology Inc (NAS:STSSW) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

STSS:USA

Address

105 Maxess Road, Suite 124, Melville, NY, USA, 11747

Website

https://www.sharpstechnology.com

Sharps Technology Inc is a medical device company. It offers syringes and other safety products. Sharps provensa ultra-low waste smart safety syringes are designed to eliminate over two million potentially infectious and accidental needlestick injuries.