Careteq (ASX:CTQ) Scaled Net Operating Assets : 0.27 (As of Jun. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Careteq 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.

Careteq's operating assets for the quarter that ended in Jun. 2024 was A$5.57 Mil. Careteq's operating liabilities for the quarter that ended in Jun. 2024 was A$3.10 Mil. Careteq's Total Assets for the quarter that ended in Dec. 2023 was A$9.30 Mil. Therefore, Careteq's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2024 was 0.27.

Careteq Scaled Net Operating Assets Historical Data

The historical data trend for Careteq'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.

* Premium members only.

Careteq Scaled Net Operating Assets Chart

Careteq Annual Data

Trend

Jun21

Jun22

Jun23

Jun24

Scaled Net Operating Assets

0.07

0.15

0.33

Careteq Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23	Jun24
Scaled Net Operating Assets	0.22	0.05	0.45	0.53	0.27

Competitive Comparison of Careteq's Scaled Net Operating Assets

For the Health Information Services subindustry, Careteq'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.

Careteq's Scaled Net Operating Assets Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Careteq's Scaled Net Operating Assets distribution charts can be found below:

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

Careteq 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.

Careteq'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 )
=	(5.566	-	3.102)	/	7.57
=	0.33

where

	Operating Assets		(A: Jun. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	6.818	-	1.252
=	5.566

	Operating Liabilities		(A: Jun. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	3.295	-	0.127	-	0.066
=	3.102

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

	Scaled Net Operating Assets (SNOA)		(Q: Jun. 2024 )
=	(Operating Assets (Q: Jun. 2024 )	-	Operating Liabilities (Q: Jun. 2024 ))	/	Total Assets (Q: Dec. 2023 )
=	(5.566	-	3.102)	/	9.297
=	0.27

where

	Operating Assets		(Q: Jun. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	6.818	-	1.252
=	5.566

	Operating Liabilities		(Q: Jun. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	3.295	-	0.127	-	0.066
=	3.102

Careteq Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of Careteq's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Careteq Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Careteq Ltd (ASX:CTQ) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

525 Flinders Street, Level 8, Melbourne, VIC, AUS, 3000

Website

https://www.careteq.com.au

Careteq Ltd is focused on delivering technology solutions for Health and Aged Care. Its solution eazense employs radar technology that provides continuous non-invasive monitoring, allowing care resources to be managed efficiently. The company's other solutions include Sofihub and Wardmm. Its operating segments are Careteq Ltd, Careteq International Inc (USA) and Embedded Health Solutions.

Careteq Headlines

No Headlines