HNDI (Handeni Gold) Scaled Net Operating Assets: 0.62 (As of Feb. 2017)


What is Handeni Gold Scaled Net Operating Assets?

Handeni Gold HNDI Scaled Net Operating Assets is 0.62 as of Feb. 2017.

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

Handeni Gold's operating assets for the quarter that ended in Feb. 2017 was $1.44 Mil. Handeni Gold's operating liabilities for the quarter that ended in Feb. 2017 was $0.52 Mil. Handeni Gold's Total Assets for the quarter that ended in Nov. 2016 was $1.49 Mil. Therefore, Handeni Gold's scaled net operating assets (SNOA) for the quarter that ended in Feb. 2017 was 0.62.

Handeni Gold Scaled Net Operating Assets Historical Data

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The historical data trend for Handeni Gold'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.

Handeni Gold Scaled Net Operating Assets Chart

Handeni Gold Annual Data
Trend May07 May08 May09 May10 May11 May12 May13 May14 May15 May16
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.29 0.51 0.13 0.50 0.52

Handeni Gold Quarterly Data
May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17
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 0.65 0.52 0.62 0.60 0.62

Handeni Gold Scaled Net Operating Assets Competitor Comparison

For the Shell Companies subindustry, Handeni Gold'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.

Handeni Gold Scaled Net Operating Assets vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Handeni Gold's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Handeni Gold's Scaled Net Operating Assets falls into.


Handeni Gold 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.

Handeni Gold's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in May. 2016 is calculated as

Scaled Net Operating Assets (SNOA)(A: May. 2016 )
=(Operating Assets (A: May. 2016 )-Operating Liabilities (A: May. 2016 ))/Total Assets (A: May. 2015 )
=(1.445-0.524)/1.79
=0.51

where

Operating Assets(A: May. 2016 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1.497 - 0.052
=1.445

Operating Liabilities(A: May. 2016 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2.239 - 0.09 - 1.625
=0.524

Handeni Gold's Scaled Net Operating Assets (SNOA) for the quarter that ended in Feb. 2017 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Feb. 2017 )
=(Operating Assets (Q: Feb. 2017 )-Operating Liabilities (Q: Feb. 2017 ))/Total Assets (Q: Nov. 2016 )
=(1.443-0.524)/1.492
=0.62

where

Operating Assets(Q: Feb. 2017 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1.473 - 0.03
=1.443

Operating Liabilities(Q: Feb. 2017 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2.449 - 1.925 - 0
=0.524

* 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 0.62 mean?
Handeni Gold (HNDI) has a Scaled Net Operating Assets of 0.62 as of Feb. 2017. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Handeni Gold and its competitors.
Is Handeni Gold's Scaled Net Operating Assets too high?
Handeni Gold's current Scaled Net Operating Assets is 0.62.
How does Handeni Gold's Scaled Net Operating Assets compare to competitors?
Handeni Gold's Scaled Net Operating Assets of 0.62 can be compared against companies in the Diversified Financial 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 Diversified Financial Services company?
A good Scaled Net Operating Assets depends on the Diversified Financial 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 Handeni Gold and its competitors. Handeni Gold's current Scaled Net Operating Assets is 0.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Handeni Gold stock overvalued right now?
Handeni Gold (HNDI) has a current Scaled Net Operating Assets of 0.62. The current Scaled Net Operating Assets is 0.62. 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 Handeni Gold (HNDI), the current Scaled Net Operating Assets is 0.62 as of Feb. 2017. 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.

Handeni Gold Business Description