ELMSQ (Electric Last Mile Solutions) Scaled Net Operating Assets: 0.50 (As of Sep. 2021)


What is Electric Last Mile Solutions Scaled Net Operating Assets?

Electric Last Mile Solutions ELMSQ +47.20% Scaled Net Operating Assets is 0.50 as of Sep. 2021.

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

Electric Last Mile Solutions's operating assets for the quarter that ended in Sep. 2021 was $242.83 Mil. Electric Last Mile Solutions's operating liabilities for the quarter that ended in Sep. 2021 was $32.93 Mil. Electric Last Mile Solutions's Total Assets for the quarter that ended in Jun. 2021 was $420.83 Mil. Therefore, Electric Last Mile Solutions's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2021 was 0.50.

Electric Last Mile Solutions Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Electric Last Mile Solutions'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.

Electric Last Mile Solutions Scaled Net Operating Assets Chart

Electric Last Mile Solutions Annual Data
Trend
Scaled Net Operating Assets

Electric Last Mile Solutions Quarterly Data
Jun21 Sep21
Scaled Net Operating Assets 0.52 0.50

ELMSQ vs EVTV, AYRO, VLCN: Scaled Net Operating Assets Comparison

For the Auto Manufacturers subindustry, Electric Last Mile Solutions'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.

Electric Last Mile Solutions Scaled Net Operating Assets vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Electric Last Mile Solutions's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Electric Last Mile Solutions's Scaled Net Operating Assets falls into.


Electric Last Mile Solutions 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.

Electric Last Mile Solutions's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in . 20 is calculated as

Scaled Net Operating Assets (SNOA)(A: . 20 )
=(Operating Assets (A: . 20 )-Operating Liabilities (A: . 20 ))/Total Assets (A: . 20 )
=(-)/
=

where

Operating Assets(A: . 20 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
= -
=

Operating Liabilities(A: . 20 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
= - -
=

Electric Last Mile Solutions's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2021 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2021 )
=(Operating Assets (Q: Sep. 2021 )-Operating Liabilities (Q: Sep. 2021 ))/Total Assets (Q: Jun. 2021 )
=(242.828-32.927)/420.832
=0.50

where

Operating Assets(Q: Sep. 2021 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=385.982 - 143.154
=242.828

Operating Liabilities(Q: Sep. 2021 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=117.013 - 29.8 - 54.286
=32.927

* 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 0.50 mean?
Electric Last Mile Solutions (ELMSQ) has a Scaled Net Operating Assets of 0.50 as of Sep. 2021. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Electric Last Mile Solutions and its competitors.
Is Electric Last Mile Solutions' Scaled Net Operating Assets too high?
Electric Last Mile Solutions' current Scaled Net Operating Assets is 0.50.
How does Electric Last Mile Solutions' Scaled Net Operating Assets compare to EVTV and AYRO?
Electric Last Mile Solutions' Scaled Net Operating Assets of 0.50 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Scaled Net Operating Assets depends on the Vehicles & Parts 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 Electric Last Mile Solutions and its competitors. Electric Last Mile Solutions's current Scaled Net Operating Assets is 0.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Electric Last Mile Solutions stock overvalued right now?
Electric Last Mile Solutions (ELMSQ) has a current Scaled Net Operating Assets of 0.50. The current Scaled Net Operating Assets is 0.50. 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 Electric Last Mile Solutions (ELMSQ), the current Scaled Net Operating Assets is 0.50 as of Sep. 2021. 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.

Electric Last Mile Solutions Business Description

Address 1055 West Square Lake Road, Troy, MI, USA, 48098
Electric Last Mile Solutions Inc is focused on redefining the last mile with efficient, connected, and customizable solutions. Its first vehicle, the Urban Delivery, is anticipated to be the first Class 1 commercial electric vehicle in the U.S. market.