SpotLite360 IOT Solutions (FRA:87A0) Scaled Net Operating Assets: -2.40 (As of Sep. 2023)

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What is SpotLite360 IOT Solutions Scaled Net Operating Assets?

SpotLite360 IOT Solutions FRA:87A0 Scaled Net Operating Assets is -2.40 as of Sep. 2023.

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

SpotLite360 IOT Solutions's operating assets for the quarter that ended in Sep. 2023 was €0.15 Mil. SpotLite360 IOT Solutions's operating liabilities for the quarter that ended in Sep. 2023 was €0.66 Mil. SpotLite360 IOT Solutions's Total Assets for the quarter that ended in Jun. 2023 was €0.21 Mil. Therefore, SpotLite360 IOT Solutions's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2023 was -2.40.

SpotLite360 IOT Solutions Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for SpotLite360 IOT Solutions'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.

SpotLite360 IOT Solutions Scaled Net Operating Assets Chart

SpotLite360 IOT Solutions Annual Data
Trend Dec20 Dec21 Dec22
Scaled Net Operating Assets
0.25 9.89 0.05

SpotLite360 IOT Solutions Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.74 0.02 -0.14 -1.32 -2.41

FRA:87A0 vs GEHC, VEEV, HQY: Scaled Net Operating Assets Comparison

For the Health Information Services subindustry, SpotLite360 IOT Solutions'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.

SpotLite360 IOT Solutions Scaled Net Operating Assets vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, SpotLite360 IOT Solutions's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where SpotLite360 IOT Solutions's Scaled Net Operating Assets falls into.


SpotLite360 IOT Solutions 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.

SpotLite360 IOT Solutions's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2022 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2022 )
=(Operating Assets (A: Dec. 2022 )-Operating Liabilities (A: Dec. 2022 ))/Total Assets (A: Dec. 2021 )
=(2.309-2.069)/5.359
=0.04

where

Operating Assets(A: Dec. 2022 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2.326 - 0.017
=2.309

Operating Liabilities(A: Dec. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2.12 - 0 - 0.051
=2.069

SpotLite360 IOT Solutions's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2023 )
=(Operating Assets (Q: Sep. 2023 )-Operating Liabilities (Q: Sep. 2023 ))/Total Assets (Q: Jun. 2023 )
=(0.15-0.655)/0.21
=-2.40

where

Operating Assets(Q: Sep. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.153 - 0.003
=0.15

Operating Liabilities(Q: Sep. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.705 - 0 - 0.05
=0.655

* 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 -2.40 mean?
SpotLite360 IOT Solutions (FRA:87A0) has a Scaled Net Operating Assets of -2.40 as of Sep. 2023. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on SpotLite360 IOT Solutions and its competitors.
Is SpotLite360 IOT Solutions' Scaled Net Operating Assets too high?
SpotLite360 IOT Solutions' current Scaled Net Operating Assets is -2.40.
How does SpotLite360 IOT Solutions' Scaled Net Operating Assets compare to GEHC and VEEV?
SpotLite360 IOT Solutions' Scaled Net Operating Assets of -2.40 can be compared against companies in the Healthcare Providers & Services 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 Healthcare Providers & Services company?
A good Scaled Net Operating Assets depends on the Healthcare Providers & Services 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 SpotLite360 IOT Solutions and its competitors. SpotLite360 IOT Solutions's current Scaled Net Operating Assets is -2.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SpotLite360 IOT Solutions stock overvalued right now?
SpotLite360 IOT Solutions (FRA:87A0) has a current Scaled Net Operating Assets of -2.40. The current Scaled Net Operating Assets is -2.40. 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 SpotLite360 IOT Solutions (FRA:87A0), the current Scaled Net Operating Assets is -2.40 as of Sep. 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.

SpotLite360 IOT Solutions Business Description

Address 789 West Pender Street, Suite 810, Vancouver, BC, CAN, V6C 1H2
SpotLite360 IOT Solutions Inc is a supply chain and healthcare company focused on the delivery of a SaaS-based supply chain execution and sustainability platform for enterprise customers in the pharmaceutical, healthcare, and agricultural industries. Its Spotlite360 Software meets the customer needs for supply chain execution, tracing, tracking, and sustainability.