HESG (Health Sciences Group) Scaled Net Operating Assets: -1.13 (As of Sep. 2006)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Health Sciences Group Scaled Net Operating Assets?

Health Sciences Group HESG -99.00% Scaled Net Operating Assets is -1.13 as of Sep. 2006.

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

Health Sciences Group's operating assets for the quarter that ended in Sep. 2006 was $3.70 Mil. Health Sciences Group's operating liabilities for the quarter that ended in Sep. 2006 was $7.99 Mil. Health Sciences Group's Total Assets for the quarter that ended in Jun. 2006 was $3.79 Mil. Therefore, Health Sciences Group's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2006 was -1.13.


Health Sciences Group Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Health Sciences Group'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.

Health Sciences Group Scaled Net Operating Assets Chart

Health Sciences Group Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec04 Dec05
Scaled Net Operating Assets
Get a 7-Day Free Trial 161.11 0.76 0.29 -0.49 -1.05

Health Sciences Group Quarterly Data
Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06
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 -1.01 -0.91 -0.98 -1.01 -1.13

HESG vs VITIF, HSTC, NTRR: Scaled Net Operating Assets Comparison

For the Biotechnology subindustry, Health Sciences Group'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.


Health Sciences Group Scaled Net Operating Assets vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Health Sciences Group's Scaled Net Operating Assets distribution charts can be found below:

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



Health Sciences Group 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.

Health Sciences Group's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2005 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2005 )
=(Operating Assets (A: Dec. 2005 )-Operating Liabilities (A: Dec. 2005 ))/Total Assets (A: Dec. 2004 )
=(4.135-8.732)/4.401
=-1.04

where

Operating Assets(A: Dec. 2005 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4.156 - 0.021
=4.135

Operating Liabilities(A: Dec. 2005 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=9.067 - 0 - 0.335
=8.732

Health Sciences Group's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2006 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2006 )
=(Operating Assets (Q: Sep. 2006 )-Operating Liabilities (Q: Sep. 2006 ))/Total Assets (Q: Jun. 2006 )
=(3.696-7.992)/3.788
=-1.13

where

Operating Assets(Q: Sep. 2006 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3.698 - 0.002
=3.696

Operating Liabilities(Q: Sep. 2006 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=8.399 - 0 - 0.407
=7.992

* 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 -1.13 mean?
Health Sciences Group (HESG) has a Scaled Net Operating Assets of -1.13 as of Sep. 2006. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Health Sciences Group and its competitors.
Is Health Sciences Group's Scaled Net Operating Assets too high?
Health Sciences Group's current Scaled Net Operating Assets is -1.13.
How does Health Sciences Group's Scaled Net Operating Assets compare to VITIF and HSTC?
Health Sciences Group's Scaled Net Operating Assets of -1.13 can be compared against companies in the Biotechnology 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 Biotechnology company?
A good Scaled Net Operating Assets depends on the Biotechnology 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 Health Sciences Group and its competitors. Health Sciences Group's current Scaled Net Operating Assets is -1.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Health Sciences Group stock overvalued right now?
Health Sciences Group (HESG) has a current Scaled Net Operating Assets of -1.13. The current Scaled Net Operating Assets is -1.13. 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 Health Sciences Group (HESG), the current Scaled Net Operating Assets is -1.13 as of Sep. 2006. 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.

Health Sciences Group Business Description

Address 14331 Euclid Street, Suite 207, Garden Grove, CA, USA, 92843
Health Sciences Group Inc identifies, develops, and commercializes nutritional products. Its products are targeted towards consumers and medical professionals interested in preventative healthcare alternatives. The products are sold as nutritional supplements and functional ingredients to retail and wholesale customers in the nutrition, skin care, and food industries. The company distributes its products under the Swiss Research and Swiss Diet brand names.