BGXX (Bright Green) Scaled Net Operating Assets: 0.64 (As of Jun. 2024)

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What is Bright Green Scaled Net Operating Assets?

Bright Green BGXX -2.56% Scaled Net Operating Assets is 0.64 as of Jun. 2024.

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

Bright Green's operating assets for the quarter that ended in Jun. 2024 was $15.89 Mil. Bright Green's operating liabilities for the quarter that ended in Jun. 2024 was $5.61 Mil. Bright Green's Total Assets for the quarter that ended in Mar. 2024 was $15.96 Mil. Therefore, Bright Green's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2024 was 0.64.


Bright Green Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Bright Green'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.

Bright Green Scaled Net Operating Assets Chart

Bright Green Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
0.90 0.88 1.92 0.56

Bright Green Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.75 0.69 0.53 0.66 0.64

BGXX vs BFRI, AYTU, CRYM: Scaled Net Operating Assets Comparison

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


Bright Green Scaled Net Operating Assets vs Drug Manufacturers Industry

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

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



Bright Green 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.

Bright Green's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(17.393-4.586)/22.788
=0.56

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=17.403 - 0.01
=17.393

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6.438 - 0.202 - 1.65
=4.586

Bright Green'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: Mar. 2024 )
=(15.888-5.606)/15.956
=0.64

where

Operating Assets(Q: Jun. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=15.981 - 0.093
=15.888

Operating Liabilities(Q: Jun. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6.119 - 0 - 0.513
=5.606

* 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 0.64 mean?
Bright Green (BGXX) has a Scaled Net Operating Assets of 0.64 as of Jun. 2024. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Bright Green and its competitors.
Is Bright Green's Scaled Net Operating Assets too high?
Bright Green's current Scaled Net Operating Assets is 0.64.
How does Bright Green's Scaled Net Operating Assets compare to BFRI and AYTU?
Bright Green's Scaled Net Operating Assets of 0.64 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 Bright Green and its competitors. Bright Green's current Scaled Net Operating Assets is 0.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bright Green stock overvalued right now?
Bright Green (BGXX) has a current Scaled Net Operating Assets of 0.64. The current Scaled Net Operating Assets is 0.64. 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 Bright Green (BGXX), the current Scaled Net Operating Assets is 0.64 as of Jun. 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.

Bright Green Business Description

Address 1033 George Hanosh Boulevard, Grants, NM, USA, 87020
Bright Green Corp is a provider of cannabis, cannabis-related products, and other legal medicinal plant-based therapies, manufactured for research and pharmaceutical applications, as well as being an active ingredient in consumer-based solutions. The company plans to focus on the development of cannabis strains and sales of products with high contents of CBN (cannabinol) and CBG (cannabigerol).