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Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
McRae Industries's operating assets for the quarter that ended in Jul. 2023 was $55.6 Mil. McRae Industries's operating liabilities for the quarter that ended in Jul. 2023 was $6.2 Mil. McRae Industries's Total Assets for the quarter that ended in Jul. 2022 was $91.0 Mil. Therefore, McRae Industries's scaled net operating assets (SNOA) for the quarter that ended in Jul. 2023 was 0.54.
McRae Industries Scaled Net Operating Assets Related Terms
McRae Industries Scaled Net Operating Assets Historical Data
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The historical data trend for McRae Industries'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.
McRae Industries Scaled Net Operating Assets Chart
MCRAA vs RCKY, DBI, VRA: Scaled Net Operating Assets Comparison
For the Footwear & Accessories subindustry, McRae Industries'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.
McRae Industries Scaled Net Operating Assets vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, McRae Industries's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where McRae Industries's Scaled Net Operating Assets falls into.
* 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 0.54 mean?
McRae Industries (MCRAA) has a Scaled Net Operating Assets of 0.54 as of Jul. 2023. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on McRae Industries and its competitors.
Is McRae Industries' Scaled Net Operating Assets too high?
McRae Industries' current Scaled Net Operating Assets is 0.54. Overall, McRae Industries has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does McRae Industries' Scaled Net Operating Assets compare to RCKY and DBI?
McRae Industries' Scaled Net Operating Assets of 0.54 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Scaled Net Operating Assets depends on the Manufacturing - Apparel & Accessories 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 McRae Industries and its competitors. McRae Industries's current Scaled Net Operating Assets is 0.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is McRae Industries stock overvalued right now?
McRae Industries (MCRAA) has a current Scaled Net Operating Assets of 0.54. The current Scaled Net Operating Assets is 0.54. McRae Industries' overall GF Score™ is 12/100. 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 McRae Industries (MCRAA), the current Scaled Net Operating Assets is 0.54 as of Jul. 2023. 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.
McRae Industries Inc operates in the footwear industry. It is engaged in the manufacturing, sales, and distribution of boot products targeted to the western lifestyle and work boot markets. The company also manufactures military combat boots for the U.S. Government and operates other smaller businesses. It has a wholly owned subsidiary that designs, markets, and distributes men's, women's, and children's footwear under the following brands: Dan Post, Laredo Western Boots, Dingo, and McRae Footwear.
12GF Score
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