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CordovaCann (XCNQ:CDVA) Scaled Net Operating Assets : 0.30 (As of Jun. 2023)


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What is CordovaCann 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.

CordovaCann's operating assets for the quarter that ended in Jun. 2023 was C$10.02 Mil. CordovaCann's operating liabilities for the quarter that ended in Jun. 2023 was C$4.91 Mil. CordovaCann's Total Assets for the quarter that ended in Jun. 2022 was C$16.75 Mil. Therefore, CordovaCann's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2023 was 0.30.


CordovaCann Scaled Net Operating Assets Historical Data

The historical data trend for CordovaCann'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.

CordovaCann Scaled Net Operating Assets Chart

CordovaCann Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.53 2.42 0.83 0.69 0.31

CordovaCann Semi-Annual Data
Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
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 0.53 2.42 0.83 0.69 0.31

Competitive Comparison of CordovaCann's Scaled Net Operating Assets

For the Drug Manufacturers - Specialty & Generic subindustry, CordovaCann'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.


CordovaCann's Scaled Net Operating Assets Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, CordovaCann's Scaled Net Operating Assets distribution charts can be found below:

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



CordovaCann 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.

CordovaCann's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jun. 2023 )
=(Operating Assets (A: Jun. 2023 )-Operating Liabilities (A: Jun. 2023 ))/Total Assets (A: Jun. 2022 )
=(10.016-4.912)/16.751
=0.30

where

Operating Assets(A: Jun. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=10.264 - 0.248
=10.016

Operating Liabilities(A: Jun. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=11.291 - 3.316 - 3.063
=4.912

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

Scaled Net Operating Assets (SNOA)(Q: Jun. 2023 )
=(Operating Assets (Q: Jun. 2023 )-Operating Liabilities (Q: Jun. 2023 ))/Total Assets (Q: Jun. 2022 )
=(10.016-4.912)/16.751
=0.30

where

Operating Assets(Q: Jun. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=10.264 - 0.248
=10.016

Operating Liabilities(Q: Jun. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=11.291 - 3.316 - 3.063
=4.912

* 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.


CordovaCann Scaled Net Operating Assets Related Terms

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CordovaCann (XCNQ:CDVA) Business Description

Traded in Other Exchanges
Address
217 Queen Street West, Suite 401, Toronto, ON, CAN, M5V0R2
CordovaCann Corp is a Canadian-domiciled company focused on building a diversified cannabis company. The company provides services and investment capital to the processing and production of vertical markets of the cannabis industry.
Executives
Benjamin Thomas Higham Director

CordovaCann (XCNQ:CDVA) Headlines

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