GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Grand Fortune High Grade Ltd (LSE:GFHG) » Definitions » Scaled Net Operating Assets

Grand Fortune High Grade (LSE:GFHG) Scaled Net Operating Assets : -0.04 (As of Oct. 2023)


View and export this data going back to 2017. Start your Free Trial

What is Grand Fortune High Grade 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.

Grand Fortune High Grade's operating assets for the quarter that ended in Oct. 2023 was £0.00 Mil. Grand Fortune High Grade's operating liabilities for the quarter that ended in Oct. 2023 was £0.05 Mil. Grand Fortune High Grade's Total Assets for the quarter that ended in Apr. 2023 was £1.43 Mil. Therefore, Grand Fortune High Grade's scaled net operating assets (SNOA) for the quarter that ended in Oct. 2023 was -0.04.

Grand Fortune High Grade Scaled Net Operating Assets Historical Data

The historical data trend for Grand Fortune High Grade'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.

* Premium members only.

Grand Fortune High Grade Scaled Net Operating Assets Chart

Grand Fortune High Grade Annual Data
Trend Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Scaled Net Operating Assets
Get a 7-Day Free Trial -0.01 -0.01 -0.01 -0.01 -0.03

Grand Fortune High Grade Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 - -0.02 -0.01 -0.03 -0.04

Competitive Comparison of Grand Fortune High Grade's Scaled Net Operating Assets

For the Education & Training Services subindustry, Grand Fortune High Grade'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.

Grand Fortune High Grade's Scaled Net Operating Assets Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Grand Fortune High Grade's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Grand Fortune High Grade's Scaled Net Operating Assets falls into.


Grand Fortune High Grade 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.

Grand Fortune High Grade's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Apr. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Apr. 2023 )
=(Operating Assets (A: Apr. 2023 )-Operating Liabilities (A: Apr. 2023 ))/Total Assets (A: Apr. 2022 )
=(0-0.047)/1.767
=-0.03

where

Operating Assets(A: Apr. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1.426 - 1.426
=0

Operating Liabilities(A: Apr. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.047 - 0 - 0
=0.047

Grand Fortune High Grade's Scaled Net Operating Assets (SNOA) for the quarter that ended in Oct. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Oct. 2023 )
=(Operating Assets (Q: Oct. 2023 )-Operating Liabilities (Q: Oct. 2023 ))/Total Assets (Q: Apr. 2023 )
=(0-0.05)/1.426
=-0.04

where

Operating Assets(Q: Oct. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1.093 - 1.093
=0

Operating Liabilities(Q: Oct. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.05 - 0 - 0
=0.05

* 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.

Grand Fortune High Grade Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of Grand Fortune High Grade's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Grand Fortune High Grade (LSE:GFHG) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Grand Fortune High Grade Ltd (LSE:GFHG) » Definitions » Scaled Net Operating Assets
Comparable Companies
BOM:501370 BOM:532019 OSTO:APRNDR HKSE:08417 HKSE:08160 BOM:533540 ISX:IDEA LEAI HKSE:08363 BOM:534312
Traded in Other Exchanges
N/A
Address
No. 2193 Guangyuan East, Room No. 1805, Times New World Center, Tianhe District, Guangdong Province, Guangzhou, CHN
Website
http://www.gf-hg.com
Grand Fortune High Grade Ltd provides financial training, corporate training, and professional qualification courses. The company is focused on development, by organic growth, it's a financial training business to satisfy the significant demand for financial sector specialists. The firm operates in a single segment namely the Development and operation of financial training courses in China.

Grand Fortune High Grade (LSE:GFHG) Headlines

No Headlines