HYHY (Hydrogen Hybrid Technologies) Scaled Net Operating Assets: 0.38 (As of Mar. 2009)

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What is Hydrogen Hybrid Technologies Scaled Net Operating Assets?

Hydrogen Hybrid Technologies HYHY -71.00% Scaled Net Operating Assets is 0.38 as of Mar. 2009.

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

Hydrogen Hybrid Technologies's operating assets for the quarter that ended in Mar. 2009 was $1.87 Mil. Hydrogen Hybrid Technologies's operating liabilities for the quarter that ended in Mar. 2009 was $1.13 Mil. Hydrogen Hybrid Technologies's Total Assets for the quarter that ended in Dec. 2008 was $1.97 Mil. Therefore, Hydrogen Hybrid Technologies's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2009 was 0.38.

Hydrogen Hybrid Technologies Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Hydrogen Hybrid 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.

Hydrogen Hybrid Technologies Scaled Net Operating Assets Chart

Hydrogen Hybrid Technologies Annual Data
Trend Dec05 Dec06 Sep07 Sep08
Scaled Net Operating Assets
0.00 0.00 0.00 0.17

Hydrogen Hybrid Technologies Quarterly Data
Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09
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 0.77 0.79 0.17 0.36 0.38

HYHY vs ENCR, ESNC, SENY: Scaled Net Operating Assets Comparison

For the Specialty Industrial Machinery subindustry, Hydrogen Hybrid 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.

Hydrogen Hybrid Technologies Scaled Net Operating Assets vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hydrogen Hybrid Technologies's Scaled Net Operating Assets distribution charts can be found below:

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


Hydrogen Hybrid 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.

Hydrogen Hybrid Technologies's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Sep. 2008 is calculated as

Scaled Net Operating Assets (SNOA)(A: Sep. 2008 )
=(Operating Assets (A: Sep. 2008 )-Operating Liabilities (A: Sep. 2008 ))/Total Assets (A: Sep. 2007 )
=(2.309-1.398)/5.341
=0.17

where

Operating Assets(A: Sep. 2008 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2.31 - 0.001
=2.309

Operating Liabilities(A: Sep. 2008 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.398 - 0 - 0
=1.398

Hydrogen Hybrid Technologies's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2009 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2009 )
=(Operating Assets (Q: Mar. 2009 )-Operating Liabilities (Q: Mar. 2009 ))/Total Assets (Q: Dec. 2008 )
=(1.873-1.131)/1.966
=0.38

where

Operating Assets(Q: Mar. 2009 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1.873 - 0
=1.873

Operating Liabilities(Q: Mar. 2009 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.131 - 0 - 0
=1.131

* 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 0.38 mean?
Hydrogen Hybrid Technologies (HYHY) has a Scaled Net Operating Assets of 0.38 as of Mar. 2009. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Hydrogen Hybrid Technologies and its competitors.
Is Hydrogen Hybrid Technologies' Scaled Net Operating Assets too high?
Hydrogen Hybrid Technologies' current Scaled Net Operating Assets is 0.38.
How does Hydrogen Hybrid Technologies' Scaled Net Operating Assets compare to ENCR and ESNC?
Hydrogen Hybrid Technologies' Scaled Net Operating Assets of 0.38 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Scaled Net Operating Assets depends on the Industrial Products 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 Hydrogen Hybrid Technologies and its competitors. Hydrogen Hybrid Technologies's current Scaled Net Operating Assets is 0.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hydrogen Hybrid Technologies stock overvalued right now?
Hydrogen Hybrid Technologies (HYHY) has a current Scaled Net Operating Assets of 0.38. The current Scaled Net Operating Assets is 0.38. 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 Hydrogen Hybrid Technologies (HYHY), the current Scaled Net Operating Assets is 0.38 as of Mar. 2009. 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.

Hydrogen Hybrid Technologies Business Description

Address 62 Waterbridge Way, Toronto, ON, CAN, M1C 5B9
Hydrogen Hybrid Technologies Inc is engaged in the business of selling and distributing of on-board hydrogen generating and injections systems for the Original Equipment Manufacturer, car and light truck markets globally.