MCZAF (Mad Catz Interactive) Scaled Net Operating Assets: 0.34 (As of Dec. 2016)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Mad Catz Interactive Scaled Net Operating Assets?

Mad Catz Interactive MCZAF -3.33% Scaled Net Operating Assets is 0.34 as of Dec. 2016.

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

Mad Catz Interactive's operating assets for the quarter that ended in Dec. 2016 was $40.19 Mil. Mad Catz Interactive's operating liabilities for the quarter that ended in Dec. 2016 was $26.46 Mil. Mad Catz Interactive's Total Assets for the quarter that ended in Sep. 2016 was $40.09 Mil. Therefore, Mad Catz Interactive's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2016 was 0.34.

Mad Catz Interactive Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Mad Catz Interactive'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.

Mad Catz Interactive Scaled Net Operating Assets Chart

Mad Catz Interactive Annual Data
Trend Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.58 0.30 0.35 0.50 0.38

Mad Catz Interactive Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.41 0.22 0.15 0.27 0.34

MCZAF vs ECRP: Scaled Net Operating Assets Comparison

For the Computer Hardware subindustry, Mad Catz Interactive'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.

Mad Catz Interactive Scaled Net Operating Assets vs Hardware Industry

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

* The bar in red indicates where Mad Catz Interactive's Scaled Net Operating Assets falls into.


Mad Catz Interactive 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.

Mad Catz Interactive's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2016 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2016 )
=(Operating Assets (A: Mar. 2016 )-Operating Liabilities (A: Mar. 2016 ))/Total Assets (A: Mar. 2015 )
=(52.567-34.689)/47.492
=0.38

where

Operating Assets(A: Mar. 2016 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=55.003 - 2.436
=52.567

Operating Liabilities(A: Mar. 2016 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=50.983 - 0.145 - 16.149
=34.689

Mad Catz Interactive's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2016 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2016 )
=(Operating Assets (Q: Dec. 2016 )-Operating Liabilities (Q: Dec. 2016 ))/Total Assets (Q: Sep. 2016 )
=(40.185-26.455)/40.085
=0.34

where

Operating Assets(Q: Dec. 2016 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=41.788 - 1.603
=40.185

Operating Liabilities(Q: Dec. 2016 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=44.462 - 2.925 - 15.082
=26.455

* 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 0.34 mean?
Mad Catz Interactive (MCZAF) has a Scaled Net Operating Assets of 0.34 as of Dec. 2016. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Mad Catz Interactive and its competitors.
Is Mad Catz Interactive's Scaled Net Operating Assets too high?
Mad Catz Interactive's current Scaled Net Operating Assets is 0.34.
How does Mad Catz Interactive's Scaled Net Operating Assets compare to ECRP?
Mad Catz Interactive's Scaled Net Operating Assets of 0.34 can be compared against companies in the Hardware 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 Hardware company?
A good Scaled Net Operating Assets depends on the Hardware 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 Mad Catz Interactive and its competitors. Mad Catz Interactive's current Scaled Net Operating Assets is 0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mad Catz Interactive stock overvalued right now?
Mad Catz Interactive (MCZAF) has a current Scaled Net Operating Assets of 0.34. The current Scaled Net Operating Assets is 0.34. 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 Mad Catz Interactive (MCZAF), the current Scaled Net Operating Assets is 0.34 as of Dec. 2016. 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.

Mad Catz Interactive Business Description

Address 181 Bay Street, Suite 4400, Toronto, ON, CAN, M5J 2T3
Mad Catz Interactive Inc is a Canadian company which is engaged in designing, manufacturing, marketing and distributing interactive entertainment products marketed under Mad Catz (gaming), Tritton (audio), and Saitek (simulation) brands. The company's products include headsets, mice, keyboards, controllers, specialty controllers, and other accessories. It caters to gamers and simulation enthusiast across multiple platforms including in-home gaming consoles, handheld gaming consoles, PC (Personal Computers) and Mac computers, smartphones, tablets and other smart devices. The company distributes its products through various retailers around the globe. Mad Catz derives the majority of its revenue from Americas.