Vedant Asset (BOM:543623) Scaled Net Operating Assets : 0.33 (As of Mar. 2024)

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What is Vedant Asset 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.

Vedant Asset's operating assets for the quarter that ended in Mar. 2024 was ₹31.45 Mil. Vedant Asset's operating liabilities for the quarter that ended in Mar. 2024 was ₹12.95 Mil. Vedant Asset's Total Assets for the quarter that ended in Sep. 2023 was ₹55.56 Mil. Therefore, Vedant Asset's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.33.

Vedant Asset Scaled Net Operating Assets Historical Data

The historical data trend for Vedant Asset'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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Vedant Asset Scaled Net Operating Assets Chart

Vedant Asset Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Scaled Net Operating Assets

0.19

0.61

0.81

1.89

0.34

Vedant Asset Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Scaled Net Operating Assets	Get a 7-Day Free Trial			0.81	-	-	0.33	0.33

Competitive Comparison of Vedant Asset's Scaled Net Operating Assets

For the Asset Management subindustry, Vedant Asset'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.

Vedant Asset's Scaled Net Operating Assets Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Vedant Asset's Scaled Net Operating Assets distribution charts can be found below:

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

Vedant Asset 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.

Vedant Asset's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Mar. 2024 )
=	(Operating Assets (A: Mar. 2024 )	-	Operating Liabilities (A: Mar. 2024 ))	/	Total Assets (A: Mar. 2023 )
=	(31.453	-	12.953)	/	54.275
=	0.34

where

	Operating Assets		(A: Mar. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	67.712	-	36.259
=	31.453

	Operating Liabilities		(A: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	13.153	-	0.2	-	0
=	12.953

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

	Scaled Net Operating Assets (SNOA)		(Q: Mar. 2024 )
=	(Operating Assets (Q: Mar. 2024 )	-	Operating Liabilities (Q: Mar. 2024 ))	/	Total Assets (Q: Sep. 2023 )
=	(31.453	-	12.953)	/	55.556
=	0.33

where

	Operating Assets		(Q: Mar. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	67.712	-	36.259
=	31.453

	Operating Liabilities		(Q: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	13.153	-	0.2	-	0
=	12.953

Vedant Asset Scaled Net Operating Assets Related Terms

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Vedant Asset (BOM:543623) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Vedant Asset Ltd (BOM:543623) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 rd Floor, Gayways House, Pee Pee Compound, Ranchi, JH, IND, 834001

Website

https://www.vedantasset.com

Vedant Asset Ltd is engaged in a Financial Investment Super Market for private and rural investors. The core business is to earn revenue from brokerage and commission by managing funds of investors with various mutual fund houses and providing Banking Correspondence Services in association with various banks.

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