Fintech Select (TSXV:FTEC) Scaled Net Operating Assets : -1.97 (As of Dec. 2023)

View and export this data going back to 2006. Start your Free Trial

What is Fintech Select 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.

Fintech Select's operating assets for the quarter that ended in Dec. 2023 was C$0.26 Mil. Fintech Select's operating liabilities for the quarter that ended in Dec. 2023 was C$1.25 Mil. Fintech Select's Total Assets for the quarter that ended in Sep. 2023 was C$0.50 Mil. Therefore, Fintech Select's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was -1.97.

Fintech Select Scaled Net Operating Assets Historical Data

The historical data trend for Fintech Select'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.

Fintech Select Scaled Net Operating Assets Chart

Fintech Select Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Scaled Net Operating Assets

Get a 7-Day Free Trial

-2.49

-2.20

-2.18

-0.84

-2.06

Fintech Select Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Scaled Net Operating Assets	Get a 7-Day Free Trial															-1.16	-1.62	-1.13	-1.54	-1.97

Competitive Comparison of Fintech Select's Scaled Net Operating Assets

For the Software - Infrastructure subindustry, Fintech Select'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.

Fintech Select's Scaled Net Operating Assets Distribution in the Software Industry

For the Software industry and Technology sector, Fintech Select's Scaled Net Operating Assets distribution charts can be found below:

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

Fintech Select 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.

Fintech Select'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 )
=	(0.26	-	1.253)	/	0.483
=	-2.06

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	0.555	-	0.295
=	0.26

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	1.342	-	0	-	0.089
=	1.253

Fintech Select's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Dec. 2023 )
=	(Operating Assets (Q: Dec. 2023 )	-	Operating Liabilities (Q: Dec. 2023 ))	/	Total Assets (Q: Sep. 2023 )
=	(0.26	-	1.253)	/	0.504
=	-1.97

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	0.555	-	0.295
=	0.26

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	1.342	-	0	-	0.089
=	1.253

Fintech Select Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of Fintech Select's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Fintech Select (TSXV:FTEC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Fintech Select Ltd (TSXV:FTEC) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

SLXXF:USA Z1S1:Germany

Address

100 King Street W, Unit T201A, Chatham, ON, CAN, N7M 6A9

Website

https://www.fintechselect.com

Fintech Select Ltd is a provider of prepaid card schemes, online payment platforms, and POS cryptocurrency platforms, all internally developed platforms. It also operates a multi-lingual call center that provides services to customers across all its platforms, and third-party customers. The company operated in three business segments which include Distribution, Call Center, and Financial Services. Its distribution sells prepaid wireless airtime and its Financial Services division provides prepaid debit card services.

Executives

Syed Naveed Ul Hassan

Director