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

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What is Movement Industries Scaled Net Operating Assets?

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

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.

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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

Competitive Comparison of Movement Industries's Scaled Net Operating Assets

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's Scaled Net Operating Assets Distribution in the 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

Movement Industries Scaled Net Operating Assets Related Terms

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Movement Industries (Movement Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Movement Industries Corp (OTCPK:MVNT) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

6829 Flintlock Road, Houston, TX, USA, 77040

Website

https://www.mvmnt.in

Movement Industries Corp is engaged in investments in emerging growth companies in the energy, oil and gas, and industrial manufacturing sectors. The company also offers its services to utilities, technology, agriculture, and medical industries. It provides valves, actuators, pumps, tanks, and wellhead control panels, CNC Machining, Waterjet, Plasma, Laser Cutting, Welding and Fabrication, control systems, and communication systems among its many products and services. The company operates in North America, South America and is expanding globally with new ventures into Africa and market studies into the European and Asian markets.