Bright Solar (NSE:BRIGHT) Scaled Net Operating Assets : 0.77 (As of Sep. 2022)

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What is Bright Solar 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.

Bright Solar's operating assets for the quarter that ended in Sep. 2022 was ₹419.1 Mil. Bright Solar's operating liabilities for the quarter that ended in Sep. 2022 was ₹104.5 Mil. Bright Solar's Total Assets for the quarter that ended in Mar. 2022 was ₹409.0 Mil. Therefore, Bright Solar's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2022 was 0.77.

Bright Solar Scaled Net Operating Assets Historical Data

The historical data trend for Bright Solar'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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Bright Solar Scaled Net Operating Assets Chart

Bright Solar Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Scaled Net Operating Assets

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0.53

1.28

0.73

0.67

0.63

Bright Solar Semi-Annual Data
	Mar13	Mar14	Mar15	Mar16	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22
Scaled Net Operating Assets	Get a 7-Day Free Trial										0.68	0.73	0.70	0.66	0.77

Competitive Comparison of Bright Solar's Scaled Net Operating Assets

For the Solar subindustry, Bright Solar'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.

Bright Solar's Scaled Net Operating Assets Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Bright Solar's Scaled Net Operating Assets distribution charts can be found below:

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

Bright Solar 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.

Bright Solar's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2022 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Mar. 2022 )
=	(Operating Assets (A: Mar. 2022 )	-	Operating Liabilities (A: Mar. 2022 ))	/	Total Assets (A: Mar. 2021 )
=	(379.938	-	65.11)	/	503.724
=	0.63

where

	Operating Assets		(A: Mar. 2022 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	409.024	-	29.086
=	379.938

	Operating Liabilities		(A: Mar. 2022 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	101.296	-	5.556	-	30.63
=	65.11

Bright Solar's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2022 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Sep. 2022 )
=	(Operating Assets (Q: Sep. 2022 )	-	Operating Liabilities (Q: Sep. 2022 ))	/	Total Assets (Q: Mar. 2022 )
=	(419.135	-	104.475)	/	409.024
=	0.77

where

	Operating Assets		(Q: Sep. 2022 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	441.619	-	22.484
=	419.135

	Operating Liabilities		(Q: Sep. 2022 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	130.935	-	4.982	-	21.478
=	104.475

Bright Solar Scaled Net Operating Assets Related Terms

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Bright Solar (NSE:BRIGHT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Bright Solar Ltd (NSE:BRIGHT) » Definitions » Scaled Net Operating Assets

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Address

Thaltej Cross Road, S.G. Highway, C-602, Titanium Square, Thaltej, Ahmedabad, GJ, IND, 380059

Website

https://www.brightsolarltd.com

Bright Solar Ltd is engaged in assembling of DC/AC Solar Pumps and Solar Pump Systems. It is also engaged in Engineering, Procurement, and Construction (EPC) contracts for Solar Photovoltaic Water pumps which include supplying, installing, and commissioning the pump system along with a comprehensive maintenance contract. Its product offerings include solar water pumping systems, DC solar pumps, AC solar pumps, bright solar marts, and others. The operating segments of the company are Solar Water Pumping and Other Solar System; Installation of Systems and Consulting of Project Tendering and Infrastructure, and FMCG Sales. The company generates the majority of its revenue from Solar Water Pumping and other system sales.

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