Acreage Holdings (XCNQ:ACRG.A.U) Scaled Net Operating Assets : 0.66 (As of Sep. 2023)

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What is Acreage Holdings 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.

Acreage Holdings's operating assets for the quarter that ended in Sep. 2023 was $340.6 Mil. Acreage Holdings's operating liabilities for the quarter that ended in Sep. 2023 was $104.4 Mil. Acreage Holdings's Total Assets for the quarter that ended in Jun. 2023 was $359.9 Mil. Therefore, Acreage Holdings's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2023 was 0.66.

Acreage Holdings Scaled Net Operating Assets Historical Data

The historical data trend for Acreage Holdings'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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Acreage Holdings Scaled Net Operating Assets Chart

Acreage Holdings Annual Data

Trend

Aug17

Aug18

Dec19

Dec20

Dec21

Dec22

Scaled Net Operating Assets

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25,548.00

0.62

0.64

0.52

Acreage Holdings Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Scaled Net Operating Assets	Get a 7-Day Free Trial															0.73	0.53	0.69	0.72	0.66

Competitive Comparison of Acreage Holdings's Scaled Net Operating Assets

For the Drug Manufacturers - Specialty & Generic subindustry, Acreage Holdings'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.

Acreage Holdings's Scaled Net Operating Assets Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Acreage Holdings's Scaled Net Operating Assets distribution charts can be found below:

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

Acreage Holdings 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.

Acreage Holdings'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 )
=	(336.506	-	81.179)	/	491.551
=	0.52

where

	Operating Assets		(A: Dec. 2022 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	360.573	-	24.067
=	336.506

	Operating Liabilities		(A: Dec. 2022 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	320.394	-	235.188	-	4.027
=	81.179

Acreage Holdings's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Sep. 2023 )
=	(Operating Assets (Q: Sep. 2023 )	-	Operating Liabilities (Q: Sep. 2023 ))	/	Total Assets (Q: Jun. 2023 )
=	(340.642	-	104.411)	/	359.914
=	0.66

where

	Operating Assets		(Q: Sep. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	355.784	-	15.142
=	340.642

	Operating Liabilities		(Q: Sep. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	359.982	-	249.7	-	5.871
=	104.411

Acreage Holdings Scaled Net Operating Assets Related Terms

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Acreage Holdings (XCNQ:ACRG.A.U) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Acreage Holdings Inc (XCNQ:ACRG.A.U) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

ACRHF:USA ACRDF:USA 0VZ1:Germany ACRG.B.U:Canada

Address

450 Lexington Avenue, Suite 3308, New York, NY, USA, 10163

Website

https://www.acreageholdings.com

Acreage Holdings Inc is a vertically integrated, multi-state operator in the cannabis industry. Its business operations include cultivating, processing, distributing, and retailing cannabis. The Company derives its revenues from its retail dispensary business, where cannabis and cannabis-infused products are sold to consumers. Its geographic segments include New England, Mid-Atlantic, Midwest, West, and South. The Company operates under one operating segment, which is: the production and sale of cannabis products.

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