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HITC (Healthcare Integrated Technologies) Scaled Net Operating Assets : 0.52 (As of Oct. 2024)


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What is Healthcare Integrated Technologies 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.

Healthcare Integrated Technologies's operating assets for the quarter that ended in Oct. 2024 was $0.69 Mil. Healthcare Integrated Technologies's operating liabilities for the quarter that ended in Oct. 2024 was $0.31 Mil. Healthcare Integrated Technologies's Total Assets for the quarter that ended in Jul. 2024 was $0.73 Mil. Therefore, Healthcare Integrated Technologies's scaled net operating assets (SNOA) for the quarter that ended in Oct. 2024 was 0.52.


Healthcare Integrated Technologies Scaled Net Operating Assets Historical Data

The historical data trend for Healthcare Integrated Technologies'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.

Healthcare Integrated Technologies Scaled Net Operating Assets Chart

Healthcare Integrated Technologies Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only -67.32 -7.61 -3.36 -0.10 0.18

Healthcare Integrated Technologies Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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 -0.31 -0.73 -0.19 0.22 0.52

Competitive Comparison of Healthcare Integrated Technologies's Scaled Net Operating Assets

For the Health Information Services subindustry, Healthcare Integrated Technologies'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.


Healthcare Integrated Technologies's Scaled Net Operating Assets Distribution in the Healthcare Providers & Services Industry

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

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



Healthcare Integrated Technologies 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.

Healthcare Integrated Technologies's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jul. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jul. 2024 )
=(Operating Assets (A: Jul. 2024 )-Operating Liabilities (A: Jul. 2024 ))/Total Assets (A: Jul. 2023 )
=(0.553-0.388)/0.904
=0.18

where

Operating Assets(A: Jul. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.729 - 0.176
=0.553

Operating Liabilities(A: Jul. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.023 - 0 - 0.635
=0.388

Healthcare Integrated Technologies's Scaled Net Operating Assets (SNOA) for the quarter that ended in Oct. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Oct. 2024 )
=(Operating Assets (Q: Oct. 2024 )-Operating Liabilities (Q: Oct. 2024 ))/Total Assets (Q: Jul. 2024 )
=(0.689-0.309)/0.729
=0.52

where

Operating Assets(Q: Oct. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2.703 - 2.014
=0.689

Operating Liabilities(Q: Oct. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.944 - 0 - 0.635
=0.309

* 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.


Healthcare Integrated Technologies Scaled Net Operating Assets Related Terms

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Healthcare Integrated Technologies Business Description

Traded in Other Exchanges
N/A
Address
311 S. Weisgarber Road, Knoxville, TN, USA, 37919
Healthcare Integrated Technologies Inc is a healthcare technology company. The company has developed a diversified spectrum of healthcare technology solutions to integrate and automate the continuing care, home care, and professional healthcare spaces.
Executives
Scott M Boruff director, 10 percent owner, officer: Chief Executive Officer 3847 RIVER VISTA WAY, LOUISVILLE TN 37777
Bradley Ryan Pruitt officer: President, IndeLiving Holdings 8929 MONEYMAKER DR., KNOXVILLE TN 37923