MVNT (Movement Industries) Scaled Net Operating Assets: -1.92 (As of Jun. 2023)


What is Movement Industries Scaled Net Operating Assets?

Movement Industries MVNT -10.05% Scaled Net Operating Assets is -1.92 as of Jun. 2023.

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

Movement Industries's operating assets for the quarter that ended in Jun. 2023 was $0.95 Mil. Movement Industries's operating liabilities for the quarter that ended in Jun. 2023 was $2.37 Mil. Movement Industries's Total Assets for the quarter that ended in Jun. 2022 was $0.74 Mil. Therefore, Movement Industries's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2023 was -1.92.

Movement Industries Scaled Net Operating Assets Historical Data

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The historical data trend for Movement 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.

Movement Industries Scaled Net Operating Assets Chart

Movement Industries Annual Data
Trend Jun22 Jun23
Scaled Net Operating Assets
-2.02 -1.92

Movement Industries Semi-Annual Data
Jun22 Jun23
Scaled Net Operating Assets -2.02 -1.92

MVNT vs ILUS, BENF, BNCM: Scaled Net Operating Assets Comparison

For the Asset Management subindustry, Movement 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.

Movement Industries Scaled Net Operating Assets vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Movement Industries's Scaled Net Operating Assets distribution charts can be found below:

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


Movement Industries 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.

Movement Industries's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jun. 2023 )
=(Operating Assets (A: Jun. 2023 )-Operating Liabilities (A: Jun. 2023 ))/Total Assets (A: Jun. 2022 )
=(0.949-2.369)/0.738
=-1.92

where

Operating Assets(A: Jun. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.953 - 0.004
=0.949

Operating Liabilities(A: Jun. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2.369 - 0 - 0
=2.369

Movement Industries's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2023 )
=(Operating Assets (Q: Jun. 2023 )-Operating Liabilities (Q: Jun. 2023 ))/Total Assets (Q: Jun. 2022 )
=(0.949-2.369)/0.738
=-1.92

where

Operating Assets(Q: Jun. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.953 - 0.004
=0.949

Operating Liabilities(Q: Jun. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2.369 - 0 - 0
=2.369

* 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 -1.92 mean?
Movement Industries (MVNT) has a Scaled Net Operating Assets of -1.92 as of Jun. 2023. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Movement Industries and its competitors.
Is Movement Industries' Scaled Net Operating Assets too high?
Movement Industries' current Scaled Net Operating Assets is -1.92.
How does Movement Industries' Scaled Net Operating Assets compare to ILUS and BENF?
Movement Industries' Scaled Net Operating Assets of -1.92 can be compared against companies in the Asset Management 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 an Asset Management company?
A good Scaled Net Operating Assets depends on the Asset Management 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 Movement Industries and its competitors. Movement Industries's current Scaled Net Operating Assets is -1.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Movement Industries stock overvalued right now?
Movement Industries (MVNT) has a current Scaled Net Operating Assets of -1.92. The current Scaled Net Operating Assets is -1.92. 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 Movement Industries (MVNT), the current Scaled Net Operating Assets is -1.92 as of Jun. 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.

Movement Industries Business Description

Address 6829 Flintlock Road, Houston, TX, USA, 77040
Movement Industries Corp invests in and operates companies across the energy, oil and gas, renewables, agricultural, and industrial manufacturing sectors. The company operates in North America, South America, Africa, European and Asian markets.