Ondo InsurTech (LSE:ONDO) Scaled Net Operating Assets : -0.20 (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Ondo InsurTech 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.

Ondo InsurTech's operating assets for the quarter that ended in Mar. 2024 was £2.48 Mil. Ondo InsurTech's operating liabilities for the quarter that ended in Mar. 2024 was £3.03 Mil. Ondo InsurTech's Total Assets for the quarter that ended in Sep. 2023 was £2.77 Mil. Therefore, Ondo InsurTech's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was -0.20.

Ondo InsurTech Scaled Net Operating Assets Historical Data

The historical data trend for Ondo InsurTech'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.

Ondo InsurTech Scaled Net Operating Assets Chart

Ondo InsurTech Annual Data

Trend

Feb22

Mar24

Scaled Net Operating Assets

-0.01

-0.32

Ondo InsurTech Semi-Annual Data
	Aug21	Feb22	Aug22	Sep23	Mar24
Scaled Net Operating Assets	-0.01	-	0.16	-	-0.20

Competitive Comparison of Ondo InsurTech's Scaled Net Operating Assets

For the Scientific & Technical Instruments subindustry, Ondo InsurTech'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.

Ondo InsurTech's Scaled Net Operating Assets Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Ondo InsurTech's Scaled Net Operating Assets distribution charts can be found below:

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

Ondo InsurTech 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.

Ondo InsurTech's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Mar. 2024 )
=	(Operating Assets (A: Mar. 2024 )	-	Operating Liabilities (A: Mar. 2024 ))	/	Total Assets (A: Feb. 2022 )
=	(2.476	-	3.034)	/	1.766
=	-0.32

where

	Operating Assets		(A: Mar. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	2.873	-	0.397
=	2.476

	Operating Liabilities		(A: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	9.521	-	6.487	-	0
=	3.034

Ondo InsurTech's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Mar. 2024 )
=	(Operating Assets (Q: Mar. 2024 )	-	Operating Liabilities (Q: Mar. 2024 ))	/	Total Assets (Q: Sep. 2023 )
=	(2.476	-	3.034)	/	2.774
=	-0.20

where

	Operating Assets		(Q: Mar. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	2.873	-	0.397
=	2.476

	Operating Liabilities		(Q: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	9.521	-	6.487	-	0
=	3.034

Ondo InsurTech Scaled Net Operating Assets Related Terms

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

Ondo InsurTech Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ondo InsurTech PLC (LSE:ONDO) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

1AI:Germany

Address

60 Gracechurch Street, 6th Floor, London, GBR, EC3V 0HR

Website

https://www.ondoplc.com

Ondo InsurTech PLC is into the Insuretech business in the home insurance Industry. The company's Leakbot system comprises a self-install sensor that clips to a pipe and detects a leak anywhere on a main water system. The company derives revenue from water leak detection devices, water leak detection services, Repair services, and consultancy services. The company has a geographical presence in the UK, USA, and Europe. The company derives the majority of its revenue from the UK.

Ondo InsurTech Headlines

No Headlines