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Wavefront Technology Solutions (Wavefront Technology Solutions) Scaled Net Operating Assets : 0.21 (As of May. 2022)


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What is Wavefront Technology 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.

Wavefront Technology Solutions's operating assets for the quarter that ended in May. 2022 was $1.23 Mil. Wavefront Technology Solutions's operating liabilities for the quarter that ended in May. 2022 was $0.79 Mil. Wavefront Technology Solutions's Total Assets for the quarter that ended in Feb. 2022 was $2.09 Mil. Therefore, Wavefront Technology Solutions's scaled net operating assets (SNOA) for the quarter that ended in May. 2022 was 0.21.


Wavefront Technology Solutions Scaled Net Operating Assets Historical Data

The historical data trend for Wavefront Technology 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.

Wavefront Technology Solutions Scaled Net Operating Assets Chart

Wavefront Technology Solutions Annual Data
Trend Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.22 0.21 0.15 0.22 0.20

Wavefront Technology Solutions Quarterly Data
Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22
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 0.26 0.23 0.22 0.18 0.22

Competitive Comparison of Wavefront Technology Solutions's Scaled Net Operating Assets

For the Oil & Gas Equipment & Services subindustry, Wavefront Technology 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.


Wavefront Technology Solutions's Scaled Net Operating Assets Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Wavefront Technology Solutions's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Wavefront Technology Solutions's Scaled Net Operating Assets falls into.



Wavefront Technology 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.

Wavefront Technology Solutions's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Aug. 2021 is calculated as

Scaled Net Operating Assets (SNOA)(A: Aug. 2021 )
=(Operating Assets (A: Aug. 2021 )-Operating Liabilities (A: Aug. 2021 ))/Total Assets (A: Aug. 2020 )
=(0.967-0.468)/2.548
=0.20

where

Operating Assets(A: Aug. 2021 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1.921 - 0.954
=0.967

Operating Liabilities(A: Aug. 2021 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.861 - 0.316 - 0.077
=0.468

Wavefront Technology Solutions's Scaled Net Operating Assets (SNOA) for the quarter that ended in May. 2022 is calculated as

Scaled Net Operating Assets (SNOA)(Q: May. 2022 )
=(Operating Assets (Q: May. 2022 )-Operating Liabilities (Q: May. 2022 ))/Total Assets (Q: Feb. 2022 )
=(1.234-0.786)/2.086
=0.21

where

Operating Assets(Q: May. 2022 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1.69 - 0.456
=1.234

Operating Liabilities(Q: May. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.115 - 0.249 - 0.08
=0.786

* 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.


Wavefront Technology Solutions Scaled Net Operating Assets Related Terms

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Wavefront Technology Solutions (Wavefront Technology Solutions) Business Description

Traded in Other Exchanges
N/A
Address
70 Street North West, Suite 5621, Edmonton, AB, CAN, T6B 3P6
Wavefront Technology Solutions Inc is a technology company providing solutions to oil and gas exploration and production companies to maximize oil and gas production. It has two processes namely the Powerwave process which is an injection technology that improves the flow of fluids in geological materials including sedimentary soils and fractured rock, and Primawave process which is an effective method for aiding in-situ (in-ground) environmental groundwater remediation clean-up strategies in contaminated sites. Geographically it earns key revenue from the Middle East.

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