CL8 Holdings (ASX:CL8) Scaled Net Operating Assets: -0.57 (As of Dec. 2024)

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What is CL8 Holdings Scaled Net Operating Assets?

CL8 Holdings ASX:CL8 Scaled Net Operating Assets is -0.57 as of Dec. 2024.

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

CL8 Holdings's operating assets for the quarter that ended in Dec. 2024 was A$6.85 Mil. CL8 Holdings's operating liabilities for the quarter that ended in Dec. 2024 was A$12.28 Mil. CL8 Holdings's Total Assets for the quarter that ended in Jun. 2024 was A$9.48 Mil. Therefore, CL8 Holdings's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2024 was -0.57.

CL8 Holdings Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for CL8 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.

CL8 Holdings Scaled Net Operating Assets Chart

CL8 Holdings Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.18 -0.34 0.15 1.30 1.12

CL8 Holdings Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 0.17 0.76 -0.53 0.78 -0.57

ASX:CL8 vs URI, AER, FTAI: Scaled Net Operating Assets Comparison

For the Rental & Leasing Services subindustry, CL8 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.

CL8 Holdings Scaled Net Operating Assets vs Business Services Industry

For the Business Services industry and Industrials sector, CL8 Holdings's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where CL8 Holdings's Scaled Net Operating Assets falls into.


CL8 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.

CL8 Holdings's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jun. 2024 )
=(Operating Assets (A: Jun. 2024 )-Operating Liabilities (A: Jun. 2024 ))/Total Assets (A: Jun. 2023 )
=(8.167-1.242)/6.175
=1.12

where

Operating Assets(A: Jun. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=9.482 - 1.315
=8.167

Operating Liabilities(A: Jun. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=12.816 - 1.238 - 10.336
=1.242

CL8 Holdings's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2024 )
=(Operating Assets (Q: Dec. 2024 )-Operating Liabilities (Q: Dec. 2024 ))/Total Assets (Q: Jun. 2024 )
=(6.851-12.279)/9.482
=-0.57

where

Operating Assets(Q: Dec. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=7.351 - 0.5
=6.851

Operating Liabilities(Q: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=13.012 - 0.332 - 0.401
=12.279

* 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 -0.57 mean?
CL8 Holdings (ASX:CL8) has a Scaled Net Operating Assets of -0.57 as of Dec. 2024. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on CL8 Holdings and its competitors.
Is CL8 Holdings' Scaled Net Operating Assets too high?
CL8 Holdings' current Scaled Net Operating Assets is -0.57.
How does CL8 Holdings' Scaled Net Operating Assets compare to URI and AER?
CL8 Holdings' Scaled Net Operating Assets of -0.57 can be compared against companies in the Business Services 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 Business Services company?
A good Scaled Net Operating Assets depends on the Business Services 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 CL8 Holdings and its competitors. CL8 Holdings's current Scaled Net Operating Assets is -0.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CL8 Holdings stock overvalued right now?
CL8 Holdings (ASX:CL8) has a current Scaled Net Operating Assets of -0.57. The current Scaled Net Operating Assets is -0.57. 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 CL8 Holdings (ASX:CL8), the current Scaled Net Operating Assets is -0.57 as of Dec. 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.

CL8 Holdings Business Description

Address 189 Kent Street, Suite 2, Level 3, Sydney, NSW, AUS, 2000
CL8 Holdings Ltd operates is an Australian online technology company engaged in the business of car subscription industry in Australia and New Zealand.