ReTo Eco-Solutions (ReTo Eco-Solutions) Scaled Net Operating Assets : 0.41 (As of Jun. 2023)

View and export this data going back to 2017. Start your Free Trial

What is ReTo Eco-Solutions 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.

ReTo Eco-Solutions's operating assets for the quarter that ended in Jun. 2023 was $20.11 Mil. ReTo Eco-Solutions's operating liabilities for the quarter that ended in Jun. 2023 was $10.25 Mil. ReTo Eco-Solutions's Total Assets for the quarter that ended in Dec. 2022 was $24.06 Mil. Therefore, ReTo Eco-Solutions's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2023 was 0.41.

ReTo Eco-Solutions Scaled Net Operating Assets Historical Data

The historical data trend for ReTo Eco-Solutions'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.

ReTo Eco-Solutions Scaled Net Operating Assets Chart

ReTo Eco-Solutions Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Scaled Net Operating Assets

Get a 7-Day Free Trial

0.85

0.67

0.50

0.34

0.42

ReTo Eco-Solutions Semi-Annual Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Scaled Net Operating Assets	Get a 7-Day Free Trial											0.68	0.36	0.67	0.38	0.41

Competitive Comparison of ReTo Eco-Solutions's Scaled Net Operating Assets

For the Building Materials subindustry, ReTo Eco-Solutions'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.

ReTo Eco-Solutions's Scaled Net Operating Assets Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, ReTo Eco-Solutions's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where ReTo Eco-Solutions's Scaled Net Operating Assets falls into.

ReTo Eco-Solutions 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.

ReTo Eco-Solutions's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2022 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2022 )
=	(Operating Assets (A: Dec. 2022 )	-	Operating Liabilities (A: Dec. 2022 ))	/	Total Assets (A: Dec. 2021 )
=	(23.944	-	11.04)	/	30.961
=	0.42

where

	Operating Assets		(A: Dec. 2022 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	24.058	-	0.114
=	23.944

	Operating Liabilities		(A: Dec. 2022 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	18.984	-	1.319	-	6.625
=	11.04

ReTo Eco-Solutions'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: Dec. 2022 )
=	(20.109	-	10.254)	/	24.058
=	0.41

where

	Operating Assets		(Q: Jun. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	20.343	-	0.234
=	20.109

	Operating Liabilities		(Q: Jun. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	21.17	-	1.131	-	9.785
=	10.254

ReTo Eco-Solutions Scaled Net Operating Assets Related Terms

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

ReTo Eco-Solutions (ReTo Eco-Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » ReTo Eco-Solutions Inc (NAS:RETO) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

C/o Beijing REIT Technology Development Co., Ltd., X-702, Runfengdeshangyuan, 60 Anli Road, Chaoyang District, Beijing, CHN, 100101

Website

http://www.retoeco.com

ReTo Eco-Solutions Inc is a manufacturer and distributor of eco-friendly construction materials and fly-ash, as well as equipment used to produce these eco-friendly construction materials. The company engaged in providing consultation, design, project implementation and construction of urban ecological environments for capturing, controlling and re-using rainwater. It operates through four segments namely Machinery and Equipment sales, Construction materials sales, Municipal Construction Projects, and Technology Consulting and other services. The company earns its revenue from Machinery and Equipment sales segment. Geographically, it derives a majority of its revenue from China.