High Sierra Technologies (High Sierra Technologies) Scaled Net Operating Assets : -2.54 (As of Sep. 2023)

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What is High Sierra 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.

High Sierra Technologies's operating assets for the quarter that ended in Sep. 2023 was $0.05 Mil. High Sierra Technologies's operating liabilities for the quarter that ended in Sep. 2023 was $0.20 Mil. High Sierra Technologies's Total Assets for the quarter that ended in Jun. 2023 was $0.06 Mil. Therefore, High Sierra Technologies's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2023 was -2.54.

High Sierra Technologies Scaled Net Operating Assets Historical Data

The historical data trend for High Sierra 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.

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High Sierra Technologies Scaled Net Operating Assets Chart

High Sierra Technologies Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Scaled Net Operating Assets

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0.45

0.33

-0.02

-0.27

High Sierra Technologies Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Scaled Net Operating Assets	Get a 7-Day Free Trial															-0.14	-0.37	-0.90	-1.85	-2.54

Competitive Comparison of High Sierra Technologies's Scaled Net Operating Assets

For the Drug Manufacturers - Specialty & Generic subindustry, High Sierra 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.

High Sierra Technologies's Scaled Net Operating Assets Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, High Sierra Technologies's Scaled Net Operating Assets distribution charts can be found below:

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

High Sierra 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.

High Sierra Technologies'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 )
=	(0.09	-	0.13)	/	0.148
=	-0.27

where

	Operating Assets		(A: Dec. 2022 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	0.102	-	0.012
=	0.09

	Operating Liabilities		(A: Dec. 2022 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	0.612	-	0.05	-	0.432
=	0.13

High Sierra Technologies'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 )
=	(0.049	-	0.199)	/	0.059
=	-2.54

where

	Operating Assets		(Q: Sep. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	0.066	-	0.017
=	0.049

	Operating Liabilities		(Q: Sep. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	0.823	-	0.176	-	0.448
=	0.199

High Sierra Technologies Scaled Net Operating Assets Related Terms

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High Sierra Technologies (High Sierra Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » High Sierra Technologies Inc (OTCPK:HSTI) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

1495 Ridgeview Drive, Suite 230A, Reno, NV, USA, 89519

Website

https://www.high-sierra.com

High Sierra Technologies Inc is a start-up that develops and expands its intellectual property portfolio with an emphasis on the recreational cannabis industry as well as the industrial hemp industry. The company owns two provisional patent applications for the production of new and novel cannabis products.

Executives

Jeffrey M. Pogol	officer: Vice President	17160 SNOWBERRY DRIVE, RENO NV 89511
Michael Vardakis	director, 10 percent owner, officer: President	234 7TH AVE, SALT LAKE CITY UT 84103
Gregg William Koechlein	10 percent owner, officer: CFO, COO, Secretary and Treasu	2560 GREENSBORO DRIVE, RENO NV 89509
Melissa Ladakis	director, officer: Secretary/Treasurer	1396 MICHIGAN AVENUE, SALT LAKE CITY UT 84105
Vincent Lombardi	10 percent owner	979 WESTCLIFF LANE, RENO NV 89523