Eveready East Africa (NAI:EVRD) Scaled Net Operating Assets: -5.04 (As of Mar. 2024)

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NAI:EVRD Eveready East Africa PLC NAI:EVRD
6 GF Score
Price KES1.04
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What is Eveready East Africa Scaled Net Operating Assets?

Eveready East Africa NAI:EVRD -0.95% 6 Scaled Net Operating Assets is -5.04 as of Mar. 2024. GuruFocus rates NAI:EVRD with a GF Score™ of 6/100.

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

Eveready East Africa's operating assets for the quarter that ended in Mar. 2024 was KES15.84 Mil. Eveready East Africa's operating liabilities for the quarter that ended in Mar. 2024 was KES125.95 Mil. Eveready East Africa's Total Assets for the quarter that ended in Sep. 2023 was KES21.84 Mil. Therefore, Eveready East Africa's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was -5.04.


Eveready East Africa Scaled Net Operating Assets Historical Data

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The historical data trend for Eveready East Africa'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.

Eveready East Africa Scaled Net Operating Assets Chart

Eveready East Africa Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 -0.06 -0.07 -0.49 -0.95

Eveready East Africa Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 -0.17 -0.51 -0.71 -2.63 -5.04

NAI:EVRD vs GWW, FAST, FERG: Scaled Net Operating Assets Comparison

For the Industrial Distribution subindustry, Eveready East Africa'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.


Eveready East Africa Scaled Net Operating Assets vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Eveready East Africa's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Eveready East Africa's Scaled Net Operating Assets falls into.


NAI:EVRD
6GF Score
Eveready East Africa PLC NAI:EVRD
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Eveready East Africa 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.

Eveready East Africa's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Sep. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Sep. 2023 )
=(Operating Assets (A: Sep. 2023 )-Operating Liabilities (A: Sep. 2023 ))/Total Assets (A: Sep. 2022 )
=(13.052-110.162)/102.291
=-0.95

where

Operating Assets(A: Sep. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=21.842 - 8.79
=13.052

Operating Liabilities(A: Sep. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=110.178 - 0 - 0.016
=110.162

Eveready East Africa's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2024 )
=(Operating Assets (Q: Mar. 2024 )-Operating Liabilities (Q: Mar. 2024 ))/Total Assets (Q: Sep. 2023 )
=(15.838-125.95)/21.842
=-5.04

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=24.651 - 8.813
=15.838

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=125.95 - 0 - 0
=125.95

* 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 -5.04 mean?
Eveready East Africa (NAI:EVRD) has a Scaled Net Operating Assets of -5.04 as of Mar. 2024. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Eveready East Africa and its competitors.
Is Eveready East Africa's Scaled Net Operating Assets too high?
Eveready East Africa's current Scaled Net Operating Assets is -5.04. Overall, Eveready East Africa has a GF Score™ of 6/100, reflecting its overall financial health beyond just this single metric.
How does Eveready East Africa's Scaled Net Operating Assets compare to GWW and FAST?
Eveready East Africa's Scaled Net Operating Assets of -5.04 can be compared against companies in the Industrial Distribution 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 Industrial Distribution company?
A good Scaled Net Operating Assets depends on the Industrial Distribution 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 Eveready East Africa and its competitors. Eveready East Africa's current Scaled Net Operating Assets is -5.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eveready East Africa stock overvalued right now?
Eveready East Africa (NAI:EVRD) has a current Scaled Net Operating Assets of -5.04. The current Scaled Net Operating Assets is -5.04. Eveready East Africa's overall GF Score™ is 6/100. 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 Eveready East Africa (NAI:EVRD), the current Scaled Net Operating Assets is -5.04 as of Mar. 2024. 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.

Eveready East Africa Business Description

Address Mombasa Road, P.O. Box 30429, Sameer Industrial Park, Nairobi, KEN, 00100
Eveready East Africa PLC is Kenya-based firm. The company is mainly engaged in the production, distribution, and sales of portable power solutions. Its product portfolio is divided into three categories namely, Automotive comprises of free car batteries, battery water, and battery acid; Fabric comprises of Clorox and cleaning products; and Household dry cell batteries. The company offers its products under the brand name, TURBO, EVERCLEAN.
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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

KES1.04
Price