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Castlight Health (Castlight Health) Scaled Net Operating Assets : 0.43 (As of Sep. 2021)


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What is Castlight Health 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.

Castlight Health's operating assets for the quarter that ended in Sep. 2021 was $98.6 Mil. Castlight Health's operating liabilities for the quarter that ended in Sep. 2021 was $28.3 Mil. Castlight Health's Total Assets for the quarter that ended in Jun. 2021 was $162.1 Mil. Therefore, Castlight Health's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2021 was 0.43.


Castlight Health Scaled Net Operating Assets Historical Data

The historical data trend for Castlight Health'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.

Castlight Health Scaled Net Operating Assets Chart

Castlight Health Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.07 0.78 0.43 0.52 0.36

Castlight Health Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 0.52 0.52 0.48 0.45 0.43

Competitive Comparison of Castlight Health's Scaled Net Operating Assets

For the Health Information Services subindustry, Castlight Health'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.


Castlight Health's Scaled Net Operating Assets Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Castlight Health's Scaled Net Operating Assets distribution charts can be found below:

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



Castlight Health 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.

Castlight Health's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2020 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2020 )
=(Operating Assets (A: Dec. 2020 )-Operating Liabilities (A: Dec. 2020 ))/Total Assets (A: Dec. 2019 )
=(117.531-29.672)/242.784
=0.36

where

Operating Assets(A: Dec. 2020 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=166.773 - 49.242
=117.531

Operating Liabilities(A: Dec. 2020 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=42.907 - 7.446 - 5.789
=29.672

Castlight Health's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2021 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2021 )
=(Operating Assets (Q: Sep. 2021 )-Operating Liabilities (Q: Sep. 2021 ))/Total Assets (Q: Jun. 2021 )
=(98.591-28.314)/162.108
=0.43

where

Operating Assets(Q: Sep. 2021 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=164.359 - 65.768
=98.591

Operating Liabilities(Q: Sep. 2021 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=37.268 - 3.95 - 5.004
=28.314

* 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.


Castlight Health Scaled Net Operating Assets Related Terms

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Castlight Health (Castlight Health) Business Description

Traded in Other Exchanges
N/A
Address
150 Spear Street, Suite 400, San Francisco, CA, USA, 94105
Castlight Health Inc provides a software-as-a-service platform. It is used for health benefits navigation for employees in the United States. Its platform matches employees to the resources their employers make available to them; managing a condition; and assists them to manage their benefits. The company derives its revenue from sales of cloud-based subscription service and professional services contracts. Castlight generates its geographical revenue from the United States.
Executives
Venrock Partners Management V, Llc 10 percent owner 3340 HILLVIEW AVENUE, PALO ALTO CA 94304
Venrock Management V, Llc 10 percent owner 3340 HILLVIEW AVENUE, PALO ALTO CA 94304
Venrock Management Vi, Llc 10 percent owner 3340 HILLVIEW AVENUE, PALO ALTO CA 94304
Venrock Associates Vi, L.p. 10 percent owner 3340 HILLVIEW AVENUE, PALO ALTO CA 94304
Venrock Partners Management Vi, Llc 10 percent owner 3340 HILLVIEW AVENUE, PALO ALTO CA 94304
Venrock Partners Vi, L.p. 10 percent owner 3340 HILLVIEW AVENUE, PALO ALTO CA 94304
Venrock Entrepreneurs Fund V, L.p. 10 percent owner 3340 HILLVIEW AVENUE, PALO ALTO CA 94304
Vef Management V, Llc 10 percent owner 3340 HILLVIEW AVENUE, PALO ALTO CA 94304
Venrock Partners V L P 10 percent owner 3340 HILLVIEW AVENUE, PALO ALTO CA 94304
Venrock Associates V Lp 10 percent owner 3340 HILLVIEW AVENUE, PALO ALTO CA 94304
Maeve O'meara officer: EVP,Product&CustomerExperience C/O CASTLIGHT HEALTH, INC., 150 SPEAR ST., SUITE 400, SAN FRANCISCO CA 94105
William Bondurant officer: Chief Financial Officer C/O CASTLIGHT HEALTH, INC. 150 SPEAR STREET, SUITE 400 SAN FRANCISCO CA 94105
Chan M.p. Eric officer: Chief Accounting Officer C/O CASTLIGHT HEALTH, INC. 150 SPEAR ST., SUITE 400 SAN FRANCISCO CA 94105
Bryan E Roberts director, 10 percent owner C/O VENROCK ASSOCIATES, 2494 SAND HILL ROAD STE 200, MENLO PARK CA 94025
Seth B. Cohen director C/O CASTLIGHT HEALTH, INC. 150 SPEAR ST., SUITE 400 SAN FRANCISCO CA 94105