AAGR (African Agriculture Holdings) Scaled Net Operating Assets: -0.69 (As of Mar. 2024)


What is African Agriculture Holdings Scaled Net Operating Assets?

African Agriculture Holdings AAGR Scaled Net Operating Assets is -0.69 as of Mar. 2024.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

African Agriculture Holdings's operating assets for the quarter that ended in Mar. 2024 was $17.34 Mil. African Agriculture Holdings's operating liabilities for the quarter that ended in Mar. 2024 was $30.07 Mil. African Agriculture Holdings's Total Assets for the quarter that ended in Dec. 2023 was $18.38 Mil. Therefore, African Agriculture Holdings's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was -0.69.

African Agriculture Holdings Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for African Agriculture 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.

African Agriculture Holdings Scaled Net Operating Assets Chart

African Agriculture Holdings Annual Data
Trend Dec21 Dec22 Dec23
Scaled Net Operating Assets
0.51 0.38 -1.25

African Agriculture Holdings Quarterly Data
Dec21 Mar22 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only 0.20 0.10 0.33 -0.94 -0.69

AAGR vs SHMP, AGRI, ADM: Scaled Net Operating Assets Comparison

For the Farm Products subindustry, African Agriculture 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.

African Agriculture Holdings Scaled Net Operating Assets vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, African Agriculture Holdings's Scaled Net Operating Assets distribution charts can be found below:

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


African Agriculture 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.

African Agriculture Holdings'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 )
=(15.594-29.229)/10.879
=-1.25

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=18.382 - 2.788
=15.594

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=40.965 - 6.819 - 4.917
=29.229

African Agriculture Holdings's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2024 )
=(Operating Assets (Q: Mar. 2024 )-Operating Liabilities (Q: Mar. 2024 ))/Total Assets (Q: Dec. 2023 )
=(17.341-30.066)/18.382
=-0.69

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=17.408 - 0.067
=17.341

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=41.765 - 6.854 - 4.845
=30.066

* 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.

What does a Scaled Net Operating Assets of -0.69 mean?
African Agriculture Holdings (AAGR) has a Scaled Net Operating Assets of -0.69 as of Mar. 2024. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on African Agriculture Holdings and its competitors.
Is African Agriculture Holdings' Scaled Net Operating Assets too high?
African Agriculture Holdings' current Scaled Net Operating Assets is -0.69.
How does African Agriculture Holdings' Scaled Net Operating Assets compare to SHMP and AGRI?
African Agriculture Holdings' Scaled Net Operating Assets of -0.69 can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Consumer Packaged Goods company?
A good Scaled Net Operating Assets depends on the Consumer Packaged Goods industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on African Agriculture Holdings and its competitors. African Agriculture Holdings's current Scaled Net Operating Assets is -0.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is African Agriculture Holdings stock overvalued right now?
African Agriculture Holdings (AAGR) has a current Scaled Net Operating Assets of -0.69. The current Scaled Net Operating Assets is -0.69. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For African Agriculture Holdings (AAGR), the current Scaled Net Operating Assets is -0.69 as of Mar. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

African Agriculture Holdings Business Description

Address 445 Park Avenue, Ninth Floor, New York, NY, USA, 10022
African Agriculture Holdings Inc is a holding company that operates principally through its wholly-owned subsidiary, which is developing the company's initial commercial farming business based in northern Senegal focusing on the production and sale of alfalfa for cattle feed and nutrition purposes. The company will sell alfalfa to owners and suppliers of cattle for feed and nutritional purposes in Senegal and the surrounding regions in Africa, the Economic Community of West African States (ECOWAS) region and the Middle East.