ALID (Allied) Scaled Net Operating Assets: -0.53 (As of Nov. 2024)


What is Allied Scaled Net Operating Assets?

Allied ALID -99.80% Scaled Net Operating Assets is -0.53 as of Nov. 2024.

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

Allied's operating assets for the quarter that ended in Nov. 2024 was $1.76 Mil. Allied's operating liabilities for the quarter that ended in Nov. 2024 was $2.88 Mil. Allied's Total Assets for the quarter that ended in Aug. 2024 was $2.12 Mil. Therefore, Allied's scaled net operating assets (SNOA) for the quarter that ended in Nov. 2024 was -0.53.

Allied Scaled Net Operating Assets Historical Data

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The historical data trend for Allied'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.

Allied Scaled Net Operating Assets Chart

Allied Annual Data
Trend Mar18 Mar19 Aug20 Aug21 Aug22 Aug23 Aug24
Scaled Net Operating Assets
Get a 7-Day Free Trial 0.00 0.33 0.80 -0.21 -0.63

Allied Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
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 -0.63 -0.69 -0.62 -0.59 -0.53

ALID vs CBDY, PLSH, STEK: Scaled Net Operating Assets Comparison

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

Allied Scaled Net Operating Assets vs Drug Manufacturers Industry

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

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


Allied 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.

Allied's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Aug. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Aug. 2024 )
=(Operating Assets (A: Aug. 2024 )-Operating Liabilities (A: Aug. 2024 ))/Total Assets (A: Aug. 2023 )
=(1.756-3.056)/2.064
=-0.63

where

Operating Assets(A: Aug. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2.115 - 0.359
=1.756

Operating Liabilities(A: Aug. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=9.663 - 0.115 - 6.492
=3.056

Allied's Scaled Net Operating Assets (SNOA) for the quarter that ended in Nov. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Nov. 2024 )
=(Operating Assets (Q: Nov. 2024 )-Operating Liabilities (Q: Nov. 2024 ))/Total Assets (Q: Aug. 2024 )
=(1.756-2.881)/2.115
=-0.53

where

Operating Assets(Q: Nov. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1.951 - 0.195
=1.756

Operating Liabilities(Q: Nov. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=9.591 - 0.104 - 6.606
=2.881

* 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 -0.53 mean?
Allied (ALID) has a Scaled Net Operating Assets of -0.53 as of Nov. 2024. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Allied and its competitors.
Is Allied's Scaled Net Operating Assets too high?
Allied's current Scaled Net Operating Assets is -0.53.
How does Allied's Scaled Net Operating Assets compare to CBDY and PLSH?
Allied's Scaled Net Operating Assets of -0.53 can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Scaled Net Operating Assets depends on the Drug Manufacturers 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 Allied and its competitors. Allied's current Scaled Net Operating Assets is -0.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Allied stock overvalued right now?
Allied (ALID) has a current Scaled Net Operating Assets of -0.53. The current Scaled Net Operating Assets is -0.53. 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 Allied (ALID), the current Scaled Net Operating Assets is -0.53 as of Nov. 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.

Allied Business Description

Address 460 Doyle Avenue, Suite 200, Kelowna, BC, CAN, V1Y OC2
Allied Corp is an international cannabis company with a mission to help people suffering from Post-Traumatic Stress Disorder (PTSD) by researching, creating, and producing targeted cannabinoid health solutions. The company uses an evidence-informed scientific approach to make this mission possible through cutting-edge pharmaceutical research and development, plant-based production, and the development of therapeutic products. The company operates in two segments, which include Allied and Allied Colombia. Its geographical segments consist of Colombia and Canada. The company's revenue is comprised of sales of cannabis products.