ALTD (Altitude International Holdings) Scaled Net Operating Assets: 0.88 (As of Dec. 2022)


What is Altitude International Holdings Scaled Net Operating Assets?

Altitude International Holdings ALTD Scaled Net Operating Assets is 0.88 as of Dec. 2022.

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

Altitude International Holdings's operating assets for the quarter that ended in Dec. 2022 was $99.42 Mil. Altitude International Holdings's operating liabilities for the quarter that ended in Dec. 2022 was $7.28 Mil. Altitude International Holdings's Total Assets for the quarter that ended in Sep. 2022 was $104.23 Mil. Therefore, Altitude International Holdings's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2022 was 0.88.

Altitude International Holdings Scaled Net Operating Assets Historical Data

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The historical data trend for Altitude International 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.

Altitude International Holdings Scaled Net Operating Assets Chart

Altitude International Holdings Annual Data
Trend Dec20 Dec21 Dec22
Scaled Net Operating Assets
-1.26 30.05 3.01

Altitude International Holdings Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.93 0.94 0.91 2.84 0.88

ALTD vs CNXA, BTDG, MAT: Scaled Net Operating Assets Comparison

For the Leisure subindustry, Altitude International 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.

Altitude International Holdings Scaled Net Operating Assets vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Altitude International Holdings's Scaled Net Operating Assets distribution charts can be found below:

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


Altitude International 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.

Altitude International 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 )
=(99.422-7.282)/30.616
=3.01

where

Operating Assets(A: Dec. 2022 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=101.018 - 1.596
=99.422

Operating Liabilities(A: Dec. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=77.901 - 62.758 - 7.861
=7.282

Altitude International Holdings's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2022 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2022 )
=(Operating Assets (Q: Dec. 2022 )-Operating Liabilities (Q: Dec. 2022 ))/Total Assets (Q: Sep. 2022 )
=(99.422-7.282)/104.225
=0.88

where

Operating Assets(Q: Dec. 2022 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=101.018 - 1.596
=99.422

Operating Liabilities(Q: Dec. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=77.901 - 62.758 - 7.861
=7.282

* 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 0.88 mean?
Altitude International Holdings (ALTD) has a Scaled Net Operating Assets of 0.88 as of Dec. 2022. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Altitude International Holdings and its competitors.
Is Altitude International Holdings' Scaled Net Operating Assets too high?
Altitude International Holdings' current Scaled Net Operating Assets is 0.88.
How does Altitude International Holdings' Scaled Net Operating Assets compare to CNXA and BTDG?
Altitude International Holdings' Scaled Net Operating Assets of 0.88 can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Scaled Net Operating Assets depends on the Travel & Leisure 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 Altitude International Holdings and its competitors. Altitude International Holdings's current Scaled Net Operating Assets is 0.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altitude International Holdings stock overvalued right now?
Altitude International Holdings (ALTD) has a current Scaled Net Operating Assets of 0.88. The current Scaled Net Operating Assets is 0.88. 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 Altitude International Holdings (ALTD), the current Scaled Net Operating Assets is 0.88 as of Dec. 2022. 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.

Altitude International Holdings Business Description

Address 4500 SE Pine Valley Street, Port Saint Lucie, FL, USA, 34952
Altitude International Holdings Inc is a vertically integrated high-performance sports, education, and technology company. It owns and operates sports training and educational institutions, manufacture oxygen training chambers and manufacture atmospheric water generators.