Prophecy DeFi (XCNQ:PDFI) Scaled Net Operating Assets : 0.78 (As of Dec. 2023)

View and export this data going back to 2016. Start your Free Trial

What is Prophecy DeFi 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.

Prophecy DeFi's operating assets for the quarter that ended in Dec. 2023 was C$3.24 Mil. Prophecy DeFi's operating liabilities for the quarter that ended in Dec. 2023 was C$0.38 Mil. Prophecy DeFi's Total Assets for the quarter that ended in Sep. 2023 was C$3.67 Mil. Therefore, Prophecy DeFi's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.78.

Prophecy DeFi 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.

Prophecy DeFi'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 )
=	(3.236	-	0.384)	/	5.311
=	0.54

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	3.685	-	0.449
=	3.236

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	6.275	-	5.753	-	0.138
=	0.384

Prophecy DeFi'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 )
=	(3.236	-	0.384)	/	3.672
=	0.78

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	3.685	-	0.449
=	3.236

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	6.275	-	5.753	-	0.138
=	0.384

* 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.

Prophecy DeFi Scaled Net Operating Assets Related Terms

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

Prophecy DeFi (XCNQ:PDFI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Prophecy DeFi Inc (XCNQ:PDFI) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

V8M:Germany

Address

87 Scollard Street, Suite 100, Toronto, ON, CAN, M5R 1G4

Website

https://www.prophecydefi.com

Prophecy DeFi Inc aims to bring together technology start-ups in the Blockchain and DeFi sectors to fund innovation, elevate industry research, and create new business opportunities in a coherent ecosystem. The Company derives its income from digital currencies received for providing liquidity to decentralized cryptocurrency exchanges. Liquidity provisioning is Layer2 Blockchain's principal business activity and is the process where liquidity, in the form of digital assets, is deployed into the liquidity pools of decentralized exchanges.

Executives

John Andrew Mcmahon

Director, Senior Officer