ELST (Electronic Systems Technology) Scaled Net Operating Assets: 0.53 (As of Sep. 2024)

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ELST Electronic Systems Technology Inc ELST
12 GF Score
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What is Electronic Systems Technology Scaled Net Operating Assets?

Electronic Systems Technology ELST 12 Scaled Net Operating Assets is 0.53 as of Sep. 2024. GuruFocus rates ELST with a GF Score™ of 12/100.

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

Electronic Systems Technology's operating assets for the quarter that ended in Sep. 2024 was $0.89 Mil. Electronic Systems Technology's operating liabilities for the quarter that ended in Sep. 2024 was $0.05 Mil. Electronic Systems Technology's Total Assets for the quarter that ended in Jun. 2024 was $1.60 Mil. Therefore, Electronic Systems Technology's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.53.


Electronic Systems Technology Scaled Net Operating Assets Historical Data

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The historical data trend for Electronic Systems Technology'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.

Electronic Systems Technology Scaled Net Operating Assets Chart

Electronic Systems Technology Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.42 0.51 0.33 0.48 0.38

Electronic Systems Technology Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.48 0.42 0.42 0.46 0.53

ELST vs AKTSQ, MLRT, CSCO: Scaled Net Operating Assets Comparison

For the Communication Equipment subindustry, Electronic Systems Technology'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.


Electronic Systems Technology Scaled Net Operating Assets vs Hardware Industry

For the Hardware industry and Technology sector, Electronic Systems Technology's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Electronic Systems Technology's Scaled Net Operating Assets falls into.


ELST
12GF Score
Electronic Systems Technology Inc ELST
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Electronic Systems Technology 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.

Electronic Systems Technology's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(0.845-0.073)/2.046
=0.38

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1.731 - 0.886
=0.845

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.104 - 0 - 0.031
=0.073

Electronic Systems Technology's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2024 )
=(Operating Assets (Q: Sep. 2024 )-Operating Liabilities (Q: Sep. 2024 ))/Total Assets (Q: Jun. 2024 )
=(0.893-0.047)/1.597
=0.53

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1.451 - 0.558
=0.893

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.047 - 0 - 0
=0.047

* 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?
Electronic Systems Technology (ELST) has a Scaled Net Operating Assets of 0.53 as of Sep. 2024. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Electronic Systems Technology and its competitors.
Is Electronic Systems Technology's Scaled Net Operating Assets too high?
Electronic Systems Technology's current Scaled Net Operating Assets is 0.53. Overall, Electronic Systems Technology has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Electronic Systems Technology's Scaled Net Operating Assets compare to AKTSQ and MLRT?
Electronic Systems Technology's Scaled Net Operating Assets of 0.53 can be compared against companies in the Hardware 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 Hardware company?
A good Scaled Net Operating Assets depends on the Hardware 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 Electronic Systems Technology and its competitors. Electronic Systems Technology'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 Electronic Systems Technology stock overvalued right now?
Electronic Systems Technology (ELST) has a current Scaled Net Operating Assets of 0.53. The current Scaled Net Operating Assets is 0.53. Electronic Systems Technology's overall GF Score™ is 12/100. 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 Electronic Systems Technology (ELST), the current Scaled Net Operating Assets is 0.53 as of Sep. 2024. 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.

Electronic Systems Technology Business Description

Address 415 N. Roosevelt Street, STE B1, Kennewick, WA, USA, 99336
Electronic Systems Technology Inc is engaged in the development and manufacturing of digital data (non-voice) radio transceivers for use in industrial wireless networking applications. It designs, develops, manufactures, and markets industrial wireless products and accessories. The company's products provide communication solutions for applications underutilized by conventional, commercial-grade communication systems. It offers product lines in markets for process automation in commercial, industrial, and government arenas domestically as well as internationally.
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