Moscow Exchange MICEX-RTS PJSC (MIC:MOEX) Scaled Net Operating Assets: 0.76 (As of Sep. 2023)


MIC:MOEX Moscow Exchange MICEX-RTS PJSC MIC:MOEX
17 GF Score
Price ₽167.89
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What is Moscow Exchange MICEX-RTS PJSC Scaled Net Operating Assets?

Moscow Exchange MICEX-RTS PJSC MIC:MOEX -0.04% 17 Scaled Net Operating Assets is 0.76 as of Sep. 2023. GuruFocus rates MIC:MOEX with a GF Score™ of 17/100.

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

Moscow Exchange MICEX-RTS PJSC's operating assets for the quarter that ended in Sep. 2023 was ₽8,355,586 Mil. Moscow Exchange MICEX-RTS PJSC's operating liabilities for the quarter that ended in Sep. 2023 was ₽2,629,186 Mil. Moscow Exchange MICEX-RTS PJSC's Total Assets for the quarter that ended in Jun. 2023 was ₽7,528,510 Mil. Therefore, Moscow Exchange MICEX-RTS PJSC's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2023 was 0.76.

MIC:MOEX
17GF Score
Moscow Exchange MICEX-RTS PJSC MIC:MOEX
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Moscow Exchange MICEX-RTS PJSC 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.

Moscow Exchange MICEX-RTS PJSC's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2022 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2022 )
=(Operating Assets (A: Dec. 2022 )-Operating Liabilities (A: Dec. 2022 ))/Total Assets (A: Dec. 2021 )
=(6167748.9-6442429)/6143438.3
=-0.04

where

Operating Assets(A: Dec. 2022 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=6619280.3 - 451531.4
=6167748.9

Operating Liabilities(A: Dec. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6442538.5 - 109.5 - 0
=6442429

Moscow Exchange MICEX-RTS PJSC's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2023 )
=(Operating Assets (Q: Sep. 2023 )-Operating Liabilities (Q: Sep. 2023 ))/Total Assets (Q: Jun. 2023 )
=(8355586.1-2629186.4)/7528510
=0.76

where

Operating Assets(Q: Sep. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=9019585.3 - 663999.2
=8355586.1

Operating Liabilities(Q: Sep. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=8819706.8 - 6190520.4 - 0
=2629186.4

* 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 0.76 mean?
Moscow Exchange MICEX-RTS PJSC (MIC:MOEX) has a Scaled Net Operating Assets of 0.76 as of Sep. 2023. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Moscow Exchange MICEX-RTS PJSC and its competitors.
Is Moscow Exchange MICEX-RTS PJSC's Scaled Net Operating Assets too high?
Moscow Exchange MICEX-RTS PJSC's current Scaled Net Operating Assets is 0.76. Overall, Moscow Exchange MICEX-RTS PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Moscow Exchange MICEX-RTS PJSC's Scaled Net Operating Assets compare to SPGI and CME?
Moscow Exchange MICEX-RTS PJSC's Scaled Net Operating Assets of 0.76 can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Scaled Net Operating Assets depends on the Capital Markets 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 Moscow Exchange MICEX-RTS PJSC and its competitors. Moscow Exchange MICEX-RTS PJSC's current Scaled Net Operating Assets is 0.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Moscow Exchange MICEX-RTS PJSC stock overvalued right now?
Moscow Exchange MICEX-RTS PJSC (MIC:MOEX) has a current Scaled Net Operating Assets of 0.76. The current Scaled Net Operating Assets is 0.76. Moscow Exchange MICEX-RTS PJSC's overall GF Score™ is 17/100. 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 Moscow Exchange MICEX-RTS PJSC (MIC:MOEX), the current Scaled Net Operating Assets is 0.76 as of Sep. 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.

Moscow Exchange MICEX-RTS PJSC Business Description

Address 13 Bolshoy Kislovsky per, Moscow, RUS, 125009
Moscow Exchange MICEX-RTS PJSC is an integrated exchange structure that offers financial market participants a full set of competitive trading, clearing, settlement, depository, and information services. The company operates in the foreign currencies exchange market, government securities and money market, market of derivative financial instruments, equities market, corporate and regional bonds market, the commodities market.
17GF Score

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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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