BNNRW (Banner Acquisition) Scaled Net Operating Assets: 0.96 (As of Dec. 2022)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BNNRW Banner Acquisition Corp BNNRW
22 GF Score
Price $0.00
! 1 Warning Sign
View Full Analysis

What is Banner Acquisition Scaled Net Operating Assets?

Banner Acquisition BNNRW 22 Scaled Net Operating Assets is 0.96 as of Dec. 2022. GuruFocus rates BNNRW with a GF Score™ of 22/100. The stock has 1 warning sign investors should review.

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

Banner Acquisition's operating assets for the quarter that ended in Dec. 2022 was $161.00 Mil. Banner Acquisition's operating liabilities for the quarter that ended in Dec. 2022 was $6.55 Mil. Banner Acquisition's Total Assets for the quarter that ended in Sep. 2022 was $160.26 Mil. Therefore, Banner Acquisition's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2022 was 0.96.


Banner Acquisition Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Banner Acquisition'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.

Banner Acquisition Scaled Net Operating Assets Chart

Banner Acquisition Annual Data
Trend Dec21 Dec22
Scaled Net Operating Assets
0.95 0.96

Banner Acquisition Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Scaled Net Operating Assets Get a 7-Day Free Trial 0.95 0.95 0.96 0.96 0.96

BNNRW vs ROSE, NHIC, OLIT: Scaled Net Operating Assets Comparison

For the Shell Companies subindustry, Banner Acquisition'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.


Banner Acquisition Scaled Net Operating Assets vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Banner Acquisition's Scaled Net Operating Assets distribution charts can be found below:

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


BNNRW
22GF Score
Banner Acquisition Corp BNNRW
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Banner Acquisition 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.

Banner Acquisition'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 )
=(160.996-6.548)/160.989
=0.96

where

Operating Assets(A: Dec. 2022 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=161.244 - 0.248
=160.996

Operating Liabilities(A: Dec. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6.548 - 0 - 0
=6.548

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

Scaled Net Operating Assets (SNOA)(Q: Dec. 2022 )
=(Operating Assets (Q: Dec. 2022 )-Operating Liabilities (Q: Dec. 2022 ))/Total Assets (Q: Sep. 2022 )
=(160.996-6.548)/160.258
=0.96

where

Operating Assets(Q: Dec. 2022 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=161.244 - 0.248
=160.996

Operating Liabilities(Q: Dec. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6.548 - 0 - 0
=6.548

* 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 0.96 mean?
Banner Acquisition (BNNRW) has a Scaled Net Operating Assets of 0.96 as of Dec. 2022. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Banner Acquisition and its competitors.
Is Banner Acquisition's Scaled Net Operating Assets too high?
Banner Acquisition's current Scaled Net Operating Assets is 0.96. Overall, Banner Acquisition has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Banner Acquisition's Scaled Net Operating Assets compare to ROSE and NHIC?
Banner Acquisition's Scaled Net Operating Assets of 0.96 can be compared against companies in the Diversified Financial 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 Diversified Financial Services company?
A good Scaled Net Operating Assets depends on the Diversified Financial 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 Banner Acquisition and its competitors. Banner Acquisition's current Scaled Net Operating Assets is 0.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banner Acquisition stock overvalued right now?
Banner Acquisition (BNNRW) has a current Scaled Net Operating Assets of 0.96. The current Scaled Net Operating Assets is 0.96. Banner Acquisition's overall GF Score™ is 22/100 with 1 warning sign to review. 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 Banner Acquisition (BNNRW), the current Scaled Net Operating Assets is 0.96 as of Dec. 2022. 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.

Banner Acquisition Business Description

Address 300 S 1350 E, 2nd Floor, Lehi, UT, USA, 84043
Banner Acquisition Corp is a blank check company.
22GF Score

Get the complete analysis for BNNRW

Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.00
Price