Mercurity Fintech Holding (Mercurity Fintech Holding) Scaled Net Operating Assets : 0.30 (As of Dec. 2023)

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What is Mercurity Fintech Holding 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.

Mercurity Fintech Holding's operating assets for the quarter that ended in Dec. 2023 was $11.96 Mil. Mercurity Fintech Holding's operating liabilities for the quarter that ended in Dec. 2023 was $2.93 Mil. Mercurity Fintech Holding's Total Assets for the quarter that ended in Jun. 2023 was $30.08 Mil. Therefore, Mercurity Fintech Holding's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.30.

Mercurity Fintech Holding Scaled Net Operating Assets Historical Data

The historical data trend for Mercurity Fintech Holding'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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Mercurity Fintech Holding Scaled Net Operating Assets Chart

Mercurity Fintech Holding Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Scaled Net Operating Assets

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1.51

1.14

0.66

1.14

0.48

Mercurity Fintech Holding Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Jun22	Dec22	Jun23	Dec23
Scaled Net Operating Assets	Get a 7-Day Free Trial															1.03	0.71	1.35	0.69	0.30

Competitive Comparison of Mercurity Fintech Holding's Scaled Net Operating Assets

For the Capital Markets subindustry, Mercurity Fintech Holding'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.

Mercurity Fintech Holding's Scaled Net Operating Assets Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Mercurity Fintech Holding's Scaled Net Operating Assets distribution charts can be found below:

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

Mercurity Fintech Holding 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.

Mercurity Fintech Holding'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 )
=	(11.958	-	2.928)	/	18.893
=	0.48

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	30.395	-	18.437
=	11.958

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	12.562	-	0.282	-	9.352
=	2.928

Mercurity Fintech Holding'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: Jun. 2023 )
=	(11.958	-	2.928)	/	30.079
=	0.30

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	30.395	-	18.437
=	11.958

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	12.562	-	0.282	-	9.352
=	2.928

Mercurity Fintech Holding Scaled Net Operating Assets Related Terms

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Mercurity Fintech Holding (Mercurity Fintech Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Mercurity Fintech Holding Inc (NAS:MFH) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

MFH:USA

Address

1330 Avenue of Americas, Fl 33, New York, NY, USA, 10019

Website

https://www.mercurityfintech.com

Mercurity Fintech Holding Inc is a digital fintech company powered by blockchain technology. The company's scope of business includes digital asset trading, asset digitization, cross-border remittance, and other services, providing compliant, professional, and efficient digital financial services to its customers. The group is also engaged in Bitcoin mining, digital currency investment, and trading, continuing its expansion to online and traditional brokerage services and other related fields.