Active Fine Chemicals (DHA:ACTIVEFINE) Scaled Net Operating Assets: 0.88 (As of Mar. 2023)


DHA:ACTIVEFINE Active Fine Chemicals Ltd DHA:ACTIVEFINE
10 GF Score
Price BDT7.20
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What is Active Fine Chemicals Scaled Net Operating Assets?

Active Fine Chemicals DHA:ACTIVEFINE +2.86% 10 Scaled Net Operating Assets is 0.88 as of Mar. 2023. GuruFocus rates DHA:ACTIVEFINE with a GF Score™ of 10/100.

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

Active Fine Chemicals's operating assets for the quarter that ended in Mar. 2023 was BDT8,693 Mil. Active Fine Chemicals's operating liabilities for the quarter that ended in Mar. 2023 was BDT600 Mil. Active Fine Chemicals's Total Assets for the quarter that ended in Dec. 2022 was BDT9,196 Mil. Therefore, Active Fine Chemicals's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2023 was 0.88.

Active Fine Chemicals Scaled Net Operating Assets Historical Data

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The historical data trend for Active Fine Chemicals'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.

Active Fine Chemicals Scaled Net Operating Assets Chart

Active Fine Chemicals Annual Data
Trend Dec13 Dec14 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only 0.95 0.99 0.96 0.99 0.90

Active Fine Chemicals Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 Mar23
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 0.89 0.87 0.88 0.89 0.88

DHA:ACTIVEFINE vs DOW, CE: Scaled Net Operating Assets Comparison

For the Chemicals subindustry, Active Fine Chemicals'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.

Active Fine Chemicals Scaled Net Operating Assets vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Active Fine Chemicals's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Active Fine Chemicals's Scaled Net Operating Assets falls into.


DHA:ACTIVEFINE
10GF Score
Active Fine Chemicals Ltd DHA:ACTIVEFINE
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Active Fine Chemicals 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.

Active Fine Chemicals's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2022 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jun. 2022 )
=(Operating Assets (A: Jun. 2022 )-Operating Liabilities (A: Jun. 2022 ))/Total Assets (A: Jun. 2021 )
=(8504.125-593.326)/8749.046
=0.90

where

Operating Assets(A: Jun. 2022 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=9078.941 - 574.816
=8504.125

Operating Liabilities(A: Jun. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3782.806 - 195.918 - 2993.562
=593.326

Active Fine Chemicals's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2023 )
=(Operating Assets (Q: Mar. 2023 )-Operating Liabilities (Q: Mar. 2023 ))/Total Assets (Q: Dec. 2022 )
=(8692.76-600.084)/9195.837
=0.88

where

Operating Assets(Q: Mar. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=9262.284 - 569.524
=8692.76

Operating Liabilities(Q: Mar. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3943.565 - 195.701 - 3147.78
=600.084

* 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 0.88 mean?
Active Fine Chemicals (DHA:ACTIVEFINE) has a Scaled Net Operating Assets of 0.88 as of Mar. 2023. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Active Fine Chemicals and its competitors.
Is Active Fine Chemicals' Scaled Net Operating Assets too high?
Active Fine Chemicals' current Scaled Net Operating Assets is 0.88. Overall, Active Fine Chemicals has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Active Fine Chemicals' Scaled Net Operating Assets compare to DOW and CE?
Active Fine Chemicals' Scaled Net Operating Assets of 0.88 can be compared against companies in the Chemicals 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 Chemicals company?
A good Scaled Net Operating Assets depends on the Chemicals 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 Active Fine Chemicals and its competitors. Active Fine Chemicals's current Scaled Net Operating Assets is 0.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Active Fine Chemicals stock overvalued right now?
Active Fine Chemicals (DHA:ACTIVEFINE) has a current Scaled Net Operating Assets of 0.88. The current Scaled Net Operating Assets is 0.88. Active Fine Chemicals' overall GF Score™ is 10/100. 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 Active Fine Chemicals (DHA:ACTIVEFINE), the current Scaled Net Operating Assets is 0.88 as of Mar. 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.

Active Fine Chemicals Business Description

Address House number 87-89, Road number 04, Block number B, Niketon, Gulshan-1, Dhaka, BGD, 1212
Active Fine Chemicals Ltd is a Bangladesh based chemical company engaged in manufacturing active pharmaceutical ingredients and laboratory reagents. Its product offerings include azithromycin dihydrate, erythromycin ethyl succinate, erythromycin stearate, pantoprazole sodium sesquihydrate, venlafaxine HCL, sitagliptin phosphate monohydrate, and pregabalin. While it also manufactures laboratory reagents including HPLC Grade solvents, solvents, and powder reagents.
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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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