AdvanceTC (AdvanceTC) Scaled Net Operating Assets : -4.59 (As of Jun. 2022)

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What is AdvanceTC 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.

AdvanceTC's operating assets for the quarter that ended in Jun. 2022 was $0.02 Mil. AdvanceTC's operating liabilities for the quarter that ended in Jun. 2022 was $1.20 Mil. AdvanceTC's Total Assets for the quarter that ended in Dec. 2021 was $0.26 Mil. Therefore, AdvanceTC's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2022 was -4.59.

AdvanceTC Scaled Net Operating Assets Historical Data

The historical data trend for AdvanceTC'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.

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AdvanceTC Scaled Net Operating Assets Chart

AdvanceTC Annual Data

Trend

Dec20

Dec21

Scaled Net Operating Assets

-1.27

-1.29

AdvanceTC Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22
Scaled Net Operating Assets	-	-	-1.49	-1.49	-4.59

Competitive Comparison of AdvanceTC's Scaled Net Operating Assets

For the Communication Equipment subindustry, AdvanceTC'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.

AdvanceTC's Scaled Net Operating Assets Distribution in the Hardware Industry

For the Hardware industry and Technology sector, AdvanceTC's Scaled Net Operating Assets distribution charts can be found below:

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

AdvanceTC 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.

AdvanceTC's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2021 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2021 )
=	(Operating Assets (A: Dec. 2021 )	-	Operating Liabilities (A: Dec. 2021 ))	/	Total Assets (A: Dec. 2020 )
=	(0.223	-	0.937)	/	0.555
=	-1.29

where

	Operating Assets		(A: Dec. 2021 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	0.256	-	0.033
=	0.223

	Operating Liabilities		(A: Dec. 2021 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	0.937	-	0	-	0
=	0.937

AdvanceTC's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2022 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Jun. 2022 )
=	(Operating Assets (Q: Jun. 2022 )	-	Operating Liabilities (Q: Jun. 2022 ))	/	Total Assets (Q: Dec. 2021 )
=	(0.02	-	1.196)	/	0.256
=	-4.59

where

	Operating Assets		(Q: Jun. 2022 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	0.084	-	0.064
=	0.02

	Operating Liabilities		(Q: Jun. 2022 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	1.196	-	0	-	0
=	1.196

AdvanceTC Scaled Net Operating Assets Related Terms

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AdvanceTC (AdvanceTC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » AdvanceTC Ltd (OTCPK:ATCLF) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

210 George Street, Level 8, Sydney, NSW, AUS, 2000

Website

https://www.advancetc.com

AdvanceTC Ltd is engaged in the design, development and commercialisation of high tech mobile wireless computing and telecommunication devices. It is the creator of the MAGIC brand of mobile computing devices and operates development facilities in Malaysia including its proprietary software and applications services.