MCMJW (Merida Merger I) Scaled Net Operating Assets: 0.94 (As of Sep. 2021)

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What is Merida Merger I Scaled Net Operating Assets?

Merida Merger I MCMJW Scaled Net Operating Assets is 0.94 as of Sep. 2021. The stock has 1 warning sign investors should review.

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

Merida Merger I's operating assets for the quarter that ended in Sep. 2021 was $130.44 Mil. Merida Merger I's operating liabilities for the quarter that ended in Sep. 2021 was $7.51 Mil. Merida Merger I's Total Assets for the quarter that ended in Jun. 2021 was $130.93 Mil. Therefore, Merida Merger I's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2021 was 0.94.


Merida Merger I Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Merida Merger I'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.

Merida Merger I Scaled Net Operating Assets Chart

Merida Merger I Annual Data
Trend Dec19 Dec20
Scaled Net Operating Assets
0.98 0.97

Merida Merger I Semi-Annual Data
Jul19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.00 0.97 0.96 0.96 0.94

MCMJW vs : Scaled Net Operating Assets Comparison

For the Shell Companies subindustry, Merida Merger I'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.


Merida Merger I Scaled Net Operating Assets vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Merida Merger I's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Merida Merger I's Scaled Net Operating Assets falls into.



Merida Merger I 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.

Merida Merger I's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2020 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2020 )
=(Operating Assets (A: Dec. 2020 )-Operating Liabilities (A: Dec. 2020 ))/Total Assets (A: Dec. 2019 )
=(130.78-4.121)/130.851
=0.97

where

Operating Assets(A: Dec. 2020 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=130.952 - 0.172
=130.78

Operating Liabilities(A: Dec. 2020 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4.121 - 0 - 0
=4.121

Merida Merger I's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2021 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2021 )
=(Operating Assets (Q: Sep. 2021 )-Operating Liabilities (Q: Sep. 2021 ))/Total Assets (Q: Jun. 2021 )
=(130.435-7.511)/130.932
=0.94

where

Operating Assets(Q: Sep. 2021 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=130.537 - 0.102
=130.435

Operating Liabilities(Q: Sep. 2021 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=7.911 - 0 - 0.4
=7.511

* 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 0.94 mean?
Merida Merger I (MCMJW) has a Scaled Net Operating Assets of 0.94 as of Sep. 2021. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Merida Merger I and its competitors.
Is Merida Merger I's Scaled Net Operating Assets too high?
Merida Merger I's current Scaled Net Operating Assets is 0.94.
How does Merida Merger I's Scaled Net Operating Assets compare to ?
Merida Merger I's Scaled Net Operating Assets of 0.94 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 Merida Merger I and its competitors. Merida Merger I's current Scaled Net Operating Assets is 0.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Merida Merger I stock overvalued right now?
Merida Merger I (MCMJW) has a current Scaled Net Operating Assets of 0.94. The current Scaled Net Operating Assets is 0.94. 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 Merida Merger I (MCMJW), the current Scaled Net Operating Assets is 0.94 as of Sep. 2021. 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.

Merida Merger I Business Description

Comparable Companies
Address 641 Lexington Avenue, 18th Floor, New York, NY, USA, 10022
Merida Merger Corp I is a blank check company.