ESNR (Electronic Sensor Technology) Scaled Net Operating Assets: -0.38 (As of Sep. 2009)


What is Electronic Sensor Technology Scaled Net Operating Assets?

Electronic Sensor Technology ESNR -99.00% Scaled Net Operating Assets is -0.38 as of Sep. 2009.

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

Electronic Sensor Technology's operating assets for the quarter that ended in Sep. 2009 was $0.85 Mil. Electronic Sensor Technology's operating liabilities for the quarter that ended in Sep. 2009 was $1.49 Mil. Electronic Sensor Technology's Total Assets for the quarter that ended in Jun. 2009 was $1.70 Mil. Therefore, Electronic Sensor Technology's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2009 was -0.38.

Electronic Sensor Technology Scaled Net Operating Assets Historical Data

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The historical data trend for Electronic Sensor 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 Sensor Technology Scaled Net Operating Assets Chart

Electronic Sensor Technology Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08
Scaled Net Operating Assets
-1.86 -451.36 -0.19 -0.28 0.34

Electronic Sensor Technology Quarterly Data
Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09
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 0.30 0.34 0.32 0.44 -0.38

ESNR vs TRWRF, UCLE, SCND: Scaled Net Operating Assets Comparison

For the Scientific & Technical Instruments subindustry, Electronic Sensor 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 Sensor Technology Scaled Net Operating Assets vs Hardware Industry

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

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


Electronic Sensor 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 Sensor Technology's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2008 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2008 )
=(Operating Assets (A: Dec. 2008 )-Operating Liabilities (A: Dec. 2008 ))/Total Assets (A: Dec. 2007 )
=(1.028-0.352)/1.977
=0.34

where

Operating Assets(A: Dec. 2008 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1.528 - 0.5
=1.028

Operating Liabilities(A: Dec. 2008 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2.34 - 1.968 - 0.02
=0.352

Electronic Sensor Technology's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2009 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2009 )
=(Operating Assets (Q: Sep. 2009 )-Operating Liabilities (Q: Sep. 2009 ))/Total Assets (Q: Jun. 2009 )
=(0.847-1.49)/1.701
=-0.38

where

Operating Assets(Q: Sep. 2009 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1.127 - 0.28
=0.847

Operating Liabilities(Q: Sep. 2009 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3.472 - 1.96 - 0.022
=1.49

* 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 -0.38 mean?
Electronic Sensor Technology (ESNR) has a Scaled Net Operating Assets of -0.38 as of Sep. 2009. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Electronic Sensor Technology and its competitors.
Is Electronic Sensor Technology's Scaled Net Operating Assets too high?
Electronic Sensor Technology's current Scaled Net Operating Assets is -0.38.
How does Electronic Sensor Technology's Scaled Net Operating Assets compare to TRWRF and UCLE?
Electronic Sensor Technology's Scaled Net Operating Assets of -0.38 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 Sensor Technology and its competitors. Electronic Sensor Technology's current Scaled Net Operating Assets is -0.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Electronic Sensor Technology stock overvalued right now?
Electronic Sensor Technology (ESNR) has a current Scaled Net Operating Assets of -0.38. The current Scaled Net Operating Assets is -0.38. 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 Sensor Technology (ESNR), the current Scaled Net Operating Assets is -0.38 as of Sep. 2009. 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 Sensor Technology Business Description

Address 1125-B Business Center Circle, Newbury Park, CA, USA, 91320
Electronic Sensor Technology Inc has developed and patented a breakthrough chemical vapor analysis process. This process applies gas chromatography calculations and technology toward a wide variety of industries, including Homeland Security, Life Sciences, Chemical and Petrochemical, Food & Beverage and Environmental.