KVMD (Kelvin Medical) Scaled Net Operating Assets: -0.49 (As of Mar. 2018)


What is Kelvin Medical Scaled Net Operating Assets?

Kelvin Medical KVMD Scaled Net Operating Assets is -0.49 as of Mar. 2018.

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

Kelvin Medical's operating assets for the quarter that ended in Mar. 2018 was $0.00 Mil. Kelvin Medical's operating liabilities for the quarter that ended in Mar. 2018 was $0.04 Mil. Kelvin Medical's Total Assets for the quarter that ended in Dec. 2017 was $0.09 Mil. Therefore, Kelvin Medical's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2018 was -0.49.

Kelvin Medical Scaled Net Operating Assets Historical Data

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The historical data trend for Kelvin Medical'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.

Kelvin Medical Scaled Net Operating Assets Chart

Kelvin Medical Annual Data
Trend Jun16 Jun17
Scaled Net Operating Assets
0.90 -0.43

Kelvin Medical Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
Scaled Net Operating Assets Get a 7-Day Free Trial 0.47 -0.36 -1.65 -4.56 -0.49

KVMD vs XTNT, ACRX, APEN: Scaled Net Operating Assets Comparison

For the Medical Devices subindustry, Kelvin Medical'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.

Kelvin Medical Scaled Net Operating Assets vs Medical Devices & Instruments Industry

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

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


Kelvin Medical 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.

Kelvin Medical's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2017 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jun. 2017 )
=(Operating Assets (A: Jun. 2017 )-Operating Liabilities (A: Jun. 2017 ))/Total Assets (A: Jun. 2016 )
=(0.003-0.029)/0.061
=-0.43

where

Operating Assets(A: Jun. 2017 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.02 - 0.017
=0.003

Operating Liabilities(A: Jun. 2017 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.029 - 0 - 0
=0.029

Kelvin Medical's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2018 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2018 )
=(Operating Assets (Q: Mar. 2018 )-Operating Liabilities (Q: Mar. 2018 ))/Total Assets (Q: Dec. 2017 )
=(0-0.043)/0.087
=-0.49

where

Operating Assets(Q: Mar. 2018 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.037 - 0.037
=0

Operating Liabilities(Q: Mar. 2018 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.043 - 0 - 0
=0.043

* 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 -0.49 mean?
Kelvin Medical (KVMD) has a Scaled Net Operating Assets of -0.49 as of Mar. 2018. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Kelvin Medical and its competitors.
Is Kelvin Medical's Scaled Net Operating Assets too high?
Kelvin Medical's current Scaled Net Operating Assets is -0.49.
How does Kelvin Medical's Scaled Net Operating Assets compare to XTNT and ACRX?
Kelvin Medical's Scaled Net Operating Assets of -0.49 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 Kelvin Medical and its competitors. Kelvin Medical's current Scaled Net Operating Assets is -0.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kelvin Medical stock overvalued right now?
Kelvin Medical (KVMD) has a current Scaled Net Operating Assets of -0.49. The current Scaled Net Operating Assets is -0.49. 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 Kelvin Medical (KVMD), the current Scaled Net Operating Assets is -0.49 as of Mar. 2018. 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.

Kelvin Medical Business Description

Address 10930 Skyranch Place, Nevada, CA, USA, 95959
Kelvin Medical Inc is a consumer medical device company. It is engaged in the development, production, and sale of medical devices. The company intends to serve the healthcare services companies who specialize in the distribution of medical products, pharmacies, representatives and sporting goods stores. The company has developed the Therm-N-Ice is a wearable consumer medical device.