ITACW (Industrial Tech Acquisitions) Scaled Net Operating Assets: 974.92 (As of Sep. 2020)


What is Industrial Tech Acquisitions Scaled Net Operating Assets?

Industrial Tech Acquisitions ITACW Scaled Net Operating Assets is 974.92 as of Sep. 2020.

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

Industrial Tech Acquisitions's operating assets for the quarter that ended in Sep. 2020 was $75.75 Mil. Industrial Tech Acquisitions's operating liabilities for the quarter that ended in Sep. 2020 was $2.63 Mil. Industrial Tech Acquisitions's Total Assets for the quarter that ended in Jun. 2020 was $0.08 Mil. Therefore, Industrial Tech Acquisitions's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2020 was 974.92.

Industrial Tech Acquisitions Scaled Net Operating Assets Historical Data

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The historical data trend for Industrial Tech Acquisitions'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.

Industrial Tech Acquisitions Scaled Net Operating Assets Chart

Industrial Tech Acquisitions Annual Data
Trend Dec20
Scaled Net Operating Assets
0.79

Industrial Tech Acquisitions Semi-Annual Data
Jun20 Sep20 Dec20
Scaled Net Operating Assets 0.92 974.92 0.80

ITACW vs : Scaled Net Operating Assets Comparison

For the Shell Companies subindustry, Industrial Tech Acquisitions'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.

Industrial Tech Acquisitions Scaled Net Operating Assets vs Diversified Financial Services Industry

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

* The bar in red indicates where Industrial Tech Acquisitions's Scaled Net Operating Assets falls into.


Industrial Tech Acquisitions 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.

Industrial Tech Acquisitions's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in . 20 is calculated as

Scaled Net Operating Assets (SNOA)(A: . 20 )
=(Operating Assets (A: . 20 )-Operating Liabilities (A: . 20 ))/Total Assets (A: . 20 )
=(-)/
=

where

Operating Assets(A: . 20 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
= -
=

Operating Liabilities(A: . 20 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
= - -
=

Industrial Tech Acquisitions's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2020 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2020 )
=(Operating Assets (Q: Sep. 2020 )-Operating Liabilities (Q: Sep. 2020 ))/Total Assets (Q: Jun. 2020 )
=(75.751-2.632)/0.075
=974.92

where

Operating Assets(Q: Sep. 2020 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=76.41 - 0.659
=75.751

Operating Liabilities(Q: Sep. 2020 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2.632 - 0 - 0
=2.632

* 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 974.92 mean?
Industrial Tech Acquisitions (ITACW) has a Scaled Net Operating Assets of 974.92 as of Sep. 2020. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Industrial Tech Acquisitions and its competitors.
Is Industrial Tech Acquisitions' Scaled Net Operating Assets too high?
Industrial Tech Acquisitions' current Scaled Net Operating Assets is 974.92.
How does Industrial Tech Acquisitions' Scaled Net Operating Assets compare to ?
Industrial Tech Acquisitions' Scaled Net Operating Assets of 974.92 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 Industrial Tech Acquisitions and its competitors. Industrial Tech Acquisitions's current Scaled Net Operating Assets is 974.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Industrial Tech Acquisitions stock overvalued right now?
Industrial Tech Acquisitions (ITACW) has a current Scaled Net Operating Assets of 974.92. The current Scaled Net Operating Assets is 974.92. 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 Industrial Tech Acquisitions (ITACW), the current Scaled Net Operating Assets is 974.92 as of Sep. 2020. 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.

Industrial Tech Acquisitions Business Description

Comparable Companies
Address 5090 Richmond Avenue, Suite 319, Houston, TX, USA, 77056
Industrial Tech Acquisitions Inc is a blank check company.