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EVLVW (Evolv Technologies Holdings) Scaled Net Operating Assets : 0.35 (As of Jun. 2024)


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What is Evolv Technologies Holdings Scaled Net Operating Assets?

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

Evolv Technologies Holdings's operating assets for the quarter that ended in Jun. 2024 was $212.06 Mil. Evolv Technologies Holdings's operating liabilities for the quarter that ended in Jun. 2024 was $113.12 Mil. Evolv Technologies Holdings's Total Assets for the quarter that ended in Mar. 2024 was $282.26 Mil. Therefore, Evolv Technologies Holdings's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2024 was 0.35.


Evolv Technologies Holdings Scaled Net Operating Assets Historical Data

The historical data trend for Evolv Technologies Holdings'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.

* Premium members only.

Evolv Technologies Holdings Scaled Net Operating Assets Chart

Evolv Technologies Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
-2.96 -2.98 -0.35 0.08 0.08

Evolv Technologies Holdings Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -0.03 0.06 0.09 0.21 0.35

Competitive Comparison of Evolv Technologies Holdings's Scaled Net Operating Assets

For the Security & Protection Services subindustry, Evolv Technologies Holdings'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.


Evolv Technologies Holdings's Scaled Net Operating Assets Distribution in the Business Services Industry

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

* The bar in red indicates where Evolv Technologies Holdings's Scaled Net Operating Assets falls into.



Evolv Technologies Holdings 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.

Evolv Technologies Holdings'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 )
=(179.902-151.006)/348.115
=0.08

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=298.72 - 118.818
=179.902

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=152.397 - 0 - 1.391
=151.006

Evolv Technologies Holdings's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2024 )
=(Operating Assets (Q: Jun. 2024 )-Operating Liabilities (Q: Jun. 2024 ))/Total Assets (Q: Mar. 2024 )
=(212.062-113.124)/282.26
=0.35

where

Operating Assets(Q: Jun. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=268.517 - 56.455
=212.062

Operating Liabilities(Q: Jun. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=115.444 - 0.566 - 1.754
=113.124

* 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.


Evolv Technologies Holdings Scaled Net Operating Assets Related Terms

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Evolv Technologies Holdings Business Description

Traded in Other Exchanges
Address
500 Totten Pond Road, 4th Floor, Waltham, MA, USA, 02451
Evolv Technologies Holdings Inc offers an AI-based touchless security screening. Its touchless security screening systems use artificial intelligence software, cloud services, and advanced sensors to reliably detect dangerous weapons while ignoring harmless items like cell phones, laptops, and keys. It offers products for purchase and primarily under a multi-year security-as-a-service subscription pricing model that delivers ongoing value to customers, generates predictable revenue, and creates expansion and upsell opportunities. The firm operates in a single segment that develops, manufactures, markets, and sells security screening products and specific services. Its products are used in different industries such as casinos, industrial workplaces, schools, and ticketed venues.