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TCTM Kids IT Education (FRA:0T8B) Scaled Net Operating Assets : -1.14 (As of Jun. 2023)


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What is TCTM Kids IT Education 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.

TCTM Kids IT Education's operating assets for the quarter that ended in Jun. 2023 was €121.7 Mil. TCTM Kids IT Education's operating liabilities for the quarter that ended in Jun. 2023 was €322.5 Mil. TCTM Kids IT Education's Total Assets for the quarter that ended in Mar. 2023 was €175.5 Mil. Therefore, TCTM Kids IT Education's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2023 was -1.14.


TCTM Kids IT Education Scaled Net Operating Assets Historical Data

The historical data trend for TCTM Kids IT Education'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.

TCTM Kids IT Education Scaled Net Operating Assets Chart

TCTM Kids IT Education 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 -0.10 -0.33 -0.84 -0.84 -1.07

TCTM Kids IT Education Quarterly Data
Sep18 Dec18 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23
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 -0.98 -0.97 -1.17 -1.14 -1.22

Competitive Comparison of TCTM Kids IT Education's Scaled Net Operating Assets

For the Education & Training Services subindustry, TCTM Kids IT Education'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.


TCTM Kids IT Education's Scaled Net Operating Assets Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, TCTM Kids IT Education's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where TCTM Kids IT Education's Scaled Net Operating Assets falls into.



TCTM Kids IT Education 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.

TCTM Kids IT Education'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 )
=(102.39-295.378)/181.104
=-1.07

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=130.771 - 28.381
=102.39

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=323.586 - 13.845 - 14.363
=295.378

TCTM Kids IT Education's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2023 )
=(Operating Assets (Q: Jun. 2023 )-Operating Liabilities (Q: Jun. 2023 ))/Total Assets (Q: Mar. 2023 )
=(121.693-322.487)/175.534
=-1.14

where

Operating Assets(Q: Jun. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=158.064 - 36.371
=121.693

Operating Liabilities(Q: Jun. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=357.824 - 18.774 - 16.563
=322.487

* 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.


TCTM Kids IT Education Scaled Net Operating Assets Related Terms

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TCTM Kids IT Education Business Description

Traded in Other Exchanges
Address
No. 1 Andingmenwai Street, 6th Floor, Litchi Tower, Chaoyang District, Beijing, CHN, 100011
TCTM Kids IT Education Inc engages in the provision of IT-focused education services in Mainland China. The company has a single reportable segment: IT-focused Supplementary STEM Education Services. It offers supplementary science, technology, engineering, and mathematics (STEM) education programs to young children aged between three and eighteen through online teaching models and instructors from online or offline learning centers. The company also operates an education platform that offers distance instruction, classroom-based learning, and online learning modules.

TCTM Kids IT Education Headlines

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