BLONF (CO2 Gro) Scaled Net Operating Assets: -0.08 (As of Sep. 2023)

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What is CO2 Gro Scaled Net Operating Assets?

CO2 Gro BLONF -99.95% Scaled Net Operating Assets is -0.08 as of Sep. 2023.

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

CO2 Gro's operating assets for the quarter that ended in Sep. 2023 was $0.28 Mil. CO2 Gro's operating liabilities for the quarter that ended in Sep. 2023 was $0.35 Mil. CO2 Gro's Total Assets for the quarter that ended in Mar. 2023 was $0.89 Mil. Therefore, CO2 Gro's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2023 was -0.08.


CO2 Gro Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for CO2 Gro'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.

CO2 Gro Scaled Net Operating Assets Chart

CO2 Gro Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.16 -0.03 0.11 -0.08 -0.19

CO2 Gro Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23
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 -0.02 0.06 -0.10 -0.14 -0.08

BLONF vs CTVA, CF, MOS: Scaled Net Operating Assets Comparison

For the Agricultural Inputs subindustry, CO2 Gro'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.


CO2 Gro Scaled Net Operating Assets vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, CO2 Gro's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where CO2 Gro's Scaled Net Operating Assets falls into.



CO2 Gro 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.

CO2 Gro'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 )
=(0.24-0.37)/0.685
=-0.19

where

Operating Assets(A: Dec. 2022 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1.048 - 0.808
=0.24

CO2 Gro's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2023 )
=(Operating Assets (Q: Sep. 2023 )-Operating Liabilities (Q: Sep. 2023 ))/Total Assets (Q: Mar. 2023 )
=(0.282-0.35)/0.892
=-0.08

where

Operating Assets(Q: Sep. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.525 - 0.243
=0.282

* 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 -0.08 mean?
CO2 Gro (BLONF) has a Scaled Net Operating Assets of -0.08 as of Sep. 2023. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on CO2 Gro and its competitors.
Is CO2 Gro's Scaled Net Operating Assets too high?
CO2 Gro's current Scaled Net Operating Assets is -0.08.
How does CO2 Gro's Scaled Net Operating Assets compare to CTVA and CF?
CO2 Gro's Scaled Net Operating Assets of -0.08 can be compared against companies in the Agriculture 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 an Agriculture company?
A good Scaled Net Operating Assets depends on the Agriculture 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 CO2 Gro and its competitors. CO2 Gro's current Scaled Net Operating Assets is -0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CO2 Gro stock overvalued right now?
CO2 Gro (BLONF) has a current Scaled Net Operating Assets of -0.08. The current Scaled Net Operating Assets is -0.08. 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 CO2 Gro (BLONF), the current Scaled Net Operating Assets is -0.08 as of Sep. 2023. 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.

CO2 Gro Business Description

Address 40 King Street West, Suite 5800, Toronto, ON, CAN, M5H 3S1
CO2 Gro Inc is engaged in commercializing its patent-licensed CO2 gas infusion technology and its patent-pending US PTO CO2 Delivery Solutions system, both of which form the company's saturated CO2 solutions plant platform. Saturated CO2 solution when misted onto plants provides growers that cannot gas with CO2 the opportunity to increase plant yields. The company's sole focus is working with its plant growers and agri-industrial partners in proving and adopting its CO2 technologies for specific growers' plant yield needs.