Fundo de Recuperacao Economica do Estado do Espiritonto (BSP:FRES11) Scaled Net Operating Assets: 0.53 (As of Dec. 2011)


What is Fundo de Recuperacao Economica do Estado do Espiritonto Scaled Net Operating Assets?

Fundo de Recuperacao Economica do Estado do Espiritonto BSP:FRES11 Scaled Net Operating Assets is 0.53 as of Dec. 2011.

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

Fundo de Recuperacao Economica do Estado do Espiritonto's operating assets for the quarter that ended in Dec. 2011 was R$135 Mil. Fundo de Recuperacao Economica do Estado do Espiritonto's operating liabilities for the quarter that ended in Dec. 2011 was R$0 Mil. Fundo de Recuperacao Economica do Estado do Espiritonto's Total Assets for the quarter that ended in Dec. 2010 was R$256 Mil. Therefore, Fundo de Recuperacao Economica do Estado do Espiritonto's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2011 was 0.53.

Fundo de Recuperacao Economica do Estado do Espiritonto Scaled Net Operating Assets Historical Data

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The historical data trend for Fundo de Recuperacao Economica do Estado do Espiritonto'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.

Fundo de Recuperacao Economica do Estado do Espiritonto Scaled Net Operating Assets Chart

Fundo de Recuperacao Economica do Estado do Espiritonto Annual Data
Trend Dec09 Dec10 Dec11
Scaled Net Operating Assets
0.60 0.56 0.53

Fundo de Recuperacao Economica do Estado do Espiritonto Semi-Annual Data
Dec09 Dec10 Dec11
Scaled Net Operating Assets 0.60 0.56 0.53

Fundo de Recuperacao Economica do Estado do Espiritonto Scaled Net Operating Assets Competitor Comparison

For the Asset Management subindustry, Fundo de Recuperacao Economica do Estado do Espiritonto'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.

Fundo de Recuperacao Economica do Estado do Espiritonto Scaled Net Operating Assets vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Fundo de Recuperacao Economica do Estado do Espiritonto's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Fundo de Recuperacao Economica do Estado do Espiritonto's Scaled Net Operating Assets falls into.


Fundo de Recuperacao Economica do Estado do Espiritonto 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.

Fundo de Recuperacao Economica do Estado do Espiritonto's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2011 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2011 )
=(Operating Assets (A: Dec. 2011 )-Operating Liabilities (A: Dec. 2011 ))/Total Assets (A: Dec. 2010 )
=(134.744-0.259)/255.756
=0.53

where

Operating Assets(A: Dec. 2011 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=261.419 - 126.675
=134.744

Operating Liabilities(A: Dec. 2011 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.259 - 0 - 0
=0.259

Fundo de Recuperacao Economica do Estado do Espiritonto's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2011 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2011 )
=(Operating Assets (Q: Dec. 2011 )-Operating Liabilities (Q: Dec. 2011 ))/Total Assets (Q: Dec. 2010 )
=(134.744-0.259)/255.756
=0.53

where

Operating Assets(Q: Dec. 2011 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=261.419 - 126.675
=134.744

Operating Liabilities(Q: Dec. 2011 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.259 - 0 - 0
=0.259

* 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 0.53 mean?
Fundo de Recuperacao Economica do Estado do Espiritonto (BSP:FRES11) has a Scaled Net Operating Assets of 0.53 as of Dec. 2011. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Fundo de Recuperacao Economica do Estado do Espiritonto and its competitors.
Is Fundo de Recuperacao Economica do Estado do Espiritonto's Scaled Net Operating Assets too high?
Fundo de Recuperacao Economica do Estado do Espiritonto's current Scaled Net Operating Assets is 0.53.
How does Fundo de Recuperacao Economica do Estado do Espiritonto's Scaled Net Operating Assets compare to competitors?
Fundo de Recuperacao Economica do Estado do Espiritonto's Scaled Net Operating Assets of 0.53 can be compared against companies in the Asset Management 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 Asset Management company?
A good Scaled Net Operating Assets depends on the Asset Management 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 Fundo de Recuperacao Economica do Estado do Espiritonto and its competitors. Fundo de Recuperacao Economica do Estado do Espiritonto's current Scaled Net Operating Assets is 0.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fundo de Recuperacao Economica do Estado do Espiritonto stock overvalued right now?
Fundo de Recuperacao Economica do Estado do Espiritonto (BSP:FRES11) has a current Scaled Net Operating Assets of 0.53. The current Scaled Net Operating Assets is 0.53. 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 Fundo de Recuperacao Economica do Estado do Espiritonto (BSP:FRES11), the current Scaled Net Operating Assets is 0.53 as of Dec. 2011. 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.

Fundo de Recuperacao Economica do Estado do Espiritonto Business Description

Address R. Alberto Oliveira Santos, 42 - Sala 1.506, Vitoria, ES, BRA, 29010901
Fundo de Recuperacao Economica do Estado do Espirito Santo is an open-end pension fund that collect GST and income tax based on taxable income.