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Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
New Horizon Health's operating assets for the quarter that ended in Jun. 2023 was €257.7 Mil. New Horizon Health's operating liabilities for the quarter that ended in Jun. 2023 was €31.1 Mil. New Horizon Health's Total Assets for the quarter that ended in Dec. 2022 was €348.6 Mil. Therefore, New Horizon Health's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2023 was 0.65.
New Horizon Health Scaled Net Operating Assets Related Terms
New Horizon Health Scaled Net Operating Assets Historical Data
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The historical data trend for New Horizon Health'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.
New Horizon Health Scaled Net Operating Assets Chart
FRA:6YZ vs ABT, SYK, MDT: Scaled Net Operating Assets Comparison
For the Medical Devices subindustry, New Horizon Health'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.
New Horizon Health Scaled Net Operating Assets vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, New Horizon Health's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where New Horizon Health's Scaled Net Operating Assets falls into.
* 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 0.65 mean?
New Horizon Health (FRA:6YZ) has a Scaled Net Operating Assets of 0.65 as of Jun. 2023. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on New Horizon Health and its competitors.
Is New Horizon Health's Scaled Net Operating Assets too high?
New Horizon Health's current Scaled Net Operating Assets is 0.65. Overall, New Horizon Health has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does New Horizon Health's Scaled Net Operating Assets compare to ABT and SYK?
New Horizon Health's Scaled Net Operating Assets of 0.65 can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good Scaled Net Operating Assets depends on the Medical Devices & Instruments 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 New Horizon Health and its competitors. New Horizon Health's current Scaled Net Operating Assets is 0.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Horizon Health stock overvalued right now?
New Horizon Health (FRA:6YZ) has a current Scaled Net Operating Assets of 0.65. The current Scaled Net Operating Assets is 0.65. New Horizon Health's overall GF Score™ is 35/100. 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 New Horizon Health (FRA:6YZ), the current Scaled Net Operating Assets is 0.65 as of Jun. 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.
New Horizon Health Ltd is engaged in early cancer screening and in-home testing in China. The company has an early detection and cancer screening-focused pipeline of five products and product candidates with an emphasis on colorectal cancer screening. The company focuses on cancer prevention and cure through screening and early detection. It generates maximum revenue from ColoClear and Pupu Tube products.
35GF Score
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