RedFlow (FRA:2RF) Scaled Net Operating Assets: -0.15 (As of Dec. 2023)


FRA:2RF RedFlow Ltd FRA:2RF
29 GF Score
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What is RedFlow Scaled Net Operating Assets?

RedFlow FRA:2RF 29 Scaled Net Operating Assets is -0.15 as of Dec. 2023. GuruFocus rates FRA:2RF with a GF Score™ of 29/100.

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

RedFlow's operating assets for the quarter that ended in Dec. 2023 was €4.40 Mil. RedFlow's operating liabilities for the quarter that ended in Dec. 2023 was €5.71 Mil. RedFlow's Total Assets for the quarter that ended in Jun. 2023 was €8.61 Mil. Therefore, RedFlow's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was -0.15.


RedFlow Scaled Net Operating Assets Historical Data

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The historical data trend for RedFlow'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.

RedFlow Scaled Net Operating Assets Chart

RedFlow Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.27 0.25 -0.31 0.08 0.21

RedFlow Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 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 -0.02 0.06 0.31 0.17 -0.15

FRA:2RF vs JFTH, SPEC, VRT: Scaled Net Operating Assets Comparison

For the Electrical Equipment & Parts subindustry, RedFlow'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.


RedFlow Scaled Net Operating Assets vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, RedFlow's Scaled Net Operating Assets distribution charts can be found below:

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


FRA:2RF
29GF Score
RedFlow Ltd FRA:2RF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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RedFlow 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.

RedFlow's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jun. 2023 )
=(Operating Assets (A: Jun. 2023 )-Operating Liabilities (A: Jun. 2023 ))/Total Assets (A: Jun. 2022 )
=(5.198-2.818)/11.367
=0.21

where

Operating Assets(A: Jun. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=8.613 - 3.415
=5.198

Operating Liabilities(A: Jun. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2.967 - 0.044 - 0.105
=2.818

RedFlow's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2023 )
=(Operating Assets (Q: Dec. 2023 )-Operating Liabilities (Q: Dec. 2023 ))/Total Assets (Q: Jun. 2023 )
=(4.403-5.714)/8.613
=-0.15

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=10.355 - 5.952
=4.403

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5.81 - 0 - 0.096
=5.714

* 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 -0.15 mean?
RedFlow (FRA:2RF) has a Scaled Net Operating Assets of -0.15 as of Dec. 2023. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on RedFlow and its competitors.
Is RedFlow's Scaled Net Operating Assets too high?
RedFlow's current Scaled Net Operating Assets is -0.15. Overall, RedFlow has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does RedFlow's Scaled Net Operating Assets compare to JFTH and SPEC?
RedFlow's Scaled Net Operating Assets of -0.15 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Scaled Net Operating Assets depends on the Industrial Products 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 RedFlow and its competitors. RedFlow's current Scaled Net Operating Assets is -0.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RedFlow stock overvalued right now?
RedFlow (FRA:2RF) has a current Scaled Net Operating Assets of -0.15. The current Scaled Net Operating Assets is -0.15. RedFlow's overall GF Score™ is 29/100. 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 RedFlow (FRA:2RF), the current Scaled Net Operating Assets is -0.15 as of Dec. 2023. 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.

RedFlow Business Description

Address 1/27 Counihan Road, Seventeen Mile Rocks, Brisbane, QLD, AUS, 4073
RedFlow Ltd consists of the development, manufacture, and sale of its bromine flowing electrolyte battery module (ZBM). The company's batteries provide sustainable energy storage solutions for various applications, including telecommunications, renewables integration, on and off-grid remote power, microgrids and smart grids, and transmission and distribution deferral. Redflow batteries are designed for high cycle-rate, long time-base stationary energy storage applications in the residential, commercial and industrial, and telecommunications sectors, and are scalable from a single battery installation through to grid-scale deployments.
29GF Score

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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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