HLTY (Precheck Health Service) Scaled Net Operating Assets: -0.07 (As of Sep. 2019)


What is Precheck Health Service Scaled Net Operating Assets?

Precheck Health Service HLTY Scaled Net Operating Assets is -0.07 as of Sep. 2019.

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

Precheck Health Service's operating assets for the quarter that ended in Sep. 2019 was $0.51 Mil. Precheck Health Service's operating liabilities for the quarter that ended in Sep. 2019 was $0.55 Mil. Precheck Health Service's Total Assets for the quarter that ended in Jun. 2019 was $0.50 Mil. Therefore, Precheck Health Service's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2019 was -0.07.

Precheck Health Service Scaled Net Operating Assets Historical Data

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The historical data trend for Precheck Health Service'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.

Precheck Health Service Scaled Net Operating Assets Chart

Precheck Health Service Annual Data
Trend Dec15 Dec16 Dec17 Dec18
Scaled Net Operating Assets
-0.52 2.45 0.47 -0.40

Precheck Health Service Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 -0.06 -0.48 0.51 -0.14 -0.07

HLTY vs AEMD, ABMT, LLIT: Scaled Net Operating Assets Comparison

For the Medical Devices subindustry, Precheck Health Service'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.

Precheck Health Service Scaled Net Operating Assets vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Precheck Health Service's Scaled Net Operating Assets distribution charts can be found below:

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


Precheck Health Service 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.

Precheck Health Service's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2018 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2018 )
=(Operating Assets (A: Dec. 2018 )-Operating Liabilities (A: Dec. 2018 ))/Total Assets (A: Dec. 2017 )
=(0.25-0.591)/0.849
=-0.40

where

Operating Assets(A: Dec. 2018 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.255 - 0.005
=0.25

Operating Liabilities(A: Dec. 2018 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.173 - 0 - 0.582
=0.591

Precheck Health Service's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2019 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2019 )
=(Operating Assets (Q: Sep. 2019 )-Operating Liabilities (Q: Sep. 2019 ))/Total Assets (Q: Jun. 2019 )
=(0.511-0.547)/0.497
=-0.07

where

Operating Assets(Q: Sep. 2019 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.525 - 0.014
=0.511

Operating Liabilities(Q: Sep. 2019 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.99 - 0 - 1.443
=0.547

* 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 -0.07 mean?
Precheck Health Service (HLTY) has a Scaled Net Operating Assets of -0.07 as of Sep. 2019. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Precheck Health Service and its competitors.
Is Precheck Health Service's Scaled Net Operating Assets too high?
Precheck Health Service's current Scaled Net Operating Assets is -0.07.
How does Precheck Health Service's Scaled Net Operating Assets compare to AEMD and ABMT?
Precheck Health Service's Scaled Net Operating Assets of -0.07 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 Precheck Health Service and its competitors. Precheck Health Service's current Scaled Net Operating Assets is -0.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Precheck Health Service stock overvalued right now?
Precheck Health Service (HLTY) has a current Scaled Net Operating Assets of -0.07. The current Scaled Net Operating Assets is -0.07. 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 Precheck Health Service (HLTY), the current Scaled Net Operating Assets is -0.07 as of Sep. 2019. 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.

Precheck Health Service Business Description

Address 305 West Woodard Street, Suite 221, Denison, TX, USA, 75020
Precheck Health Service Inc operates in the distribution of medical screening device. The PC8B medical device helps in guiding the patient's health.