DRNG (Drone Guarder) Scaled Net Operating Assets: -2.04 (As of Oct. 2018)


What is Drone Guarder Scaled Net Operating Assets?

Drone Guarder DRNG Scaled Net Operating Assets is -2.04 as of Oct. 2018.

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

Drone Guarder's operating assets for the quarter that ended in Oct. 2018 was $0.48 Mil. Drone Guarder's operating liabilities for the quarter that ended in Oct. 2018 was $1.28 Mil. Drone Guarder's Total Assets for the quarter that ended in Jul. 2018 was $0.39 Mil. Therefore, Drone Guarder's scaled net operating assets (SNOA) for the quarter that ended in Oct. 2018 was -2.04.

Drone Guarder Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Drone Guarder'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.

Drone Guarder Scaled Net Operating Assets Chart

Drone Guarder Annual Data
Trend Jan13 Jan14 Jan15 Jan16 Jan17 Jan18
Scaled Net Operating Assets
Get a 7-Day Free Trial 0.09 -1.50 -1.64 -7.17 -141.00

Drone Guarder Quarterly Data
Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18
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 -2.83 -2.88 -8.10 -1.81 -2.04

DRNG vs BLPG, VII, HCGS: Scaled Net Operating Assets Comparison

For the Security & Protection Services subindustry, Drone Guarder'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.

Drone Guarder Scaled Net Operating Assets vs Business Services Industry

For the Business Services industry and Industrials sector, Drone Guarder's Scaled Net Operating Assets distribution charts can be found below:

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


Drone Guarder 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.

Drone Guarder's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jan. 2018 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jan. 2018 )
=(Operating Assets (A: Jan. 2018 )-Operating Liabilities (A: Jan. 2018 ))/Total Assets (A: Jan. 2017 )
=(0.078-0.501)/0.003
=-141.00

where

Operating Assets(A: Jan. 2018 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.098 - 0.02
=0.078

Operating Liabilities(A: Jan. 2018 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.806 - 0 - 0.305
=0.501

Drone Guarder's Scaled Net Operating Assets (SNOA) for the quarter that ended in Oct. 2018 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Oct. 2018 )
=(Operating Assets (Q: Oct. 2018 )-Operating Liabilities (Q: Oct. 2018 ))/Total Assets (Q: Jul. 2018 )
=(0.484-1.28)/0.391
=-2.04

where

Operating Assets(Q: Oct. 2018 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.516 - 0.032
=0.484

Operating Liabilities(Q: Oct. 2018 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2.174 - 0 - 0.894
=1.28

* 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 -2.04 mean?
Drone Guarder (DRNG) has a Scaled Net Operating Assets of -2.04 as of Oct. 2018. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Drone Guarder and its competitors.
Is Drone Guarder's Scaled Net Operating Assets too high?
Drone Guarder's current Scaled Net Operating Assets is -2.04.
How does Drone Guarder's Scaled Net Operating Assets compare to BLPG and VII?
Drone Guarder's Scaled Net Operating Assets of -2.04 can be compared against companies in the Business 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 Business Services company?
A good Scaled Net Operating Assets depends on the Business 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 Drone Guarder and its competitors. Drone Guarder's current Scaled Net Operating Assets is -2.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Drone Guarder stock overvalued right now?
Drone Guarder (DRNG) has a current Scaled Net Operating Assets of -2.04. The current Scaled Net Operating Assets is -2.04. 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 Drone Guarder (DRNG), the current Scaled Net Operating Assets is -2.04 as of Oct. 2018. 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.

Drone Guarder Business Description

Address 370 Amapola Avenue, Suite 200A, Torrance, CA, USA, 90501
Drone Guarder Inc is a security and surveillance products provider. The company focused on commercializing a drone enhanced home security system as a turnkey solution. The solution is app-based and includes a drone, infrared camera, and Android mobile app component: once an alarm has been triggered, the Drone Guarder will immediately take off from a wireless charging pad. The camera within the drone will record a video for a few seconds, process it and then send an alert if a threat is found. The targeted markets include the USA, Canada, Europe, South Africa and the Asia-Pacific region.