Novus Acquisition & Development (Novus Acquisition & Development) Scaled Net Operating Assets : N/A (As of Sep. 2023)

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What is Novus Acquisition & Development 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.

Novus Acquisition & Development's operating assets for the quarter that ended in Sep. 2023 was $1.57 Mil. Novus Acquisition & Development's operating liabilities for the quarter that ended in Sep. 2023 was $0.05 Mil. Novus Acquisition & Development's Total Assets for the quarter that ended in Sep. 2022 was $0.00 Mil. Therefore, Novus Acquisition & Development's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2023 was N/A.

Novus Acquisition & Development Scaled Net Operating Assets Historical Data

The historical data trend for Novus Acquisition & Development'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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Novus Acquisition & Development Scaled Net Operating Assets Chart

Novus Acquisition & Development Annual Data

Trend

Scaled Net Operating Assets

Novus Acquisition & Development Quarterly Data
	Sep22	Sep23
Scaled Net Operating Assets	-	-

Competitive Comparison of Novus Acquisition & Development's Scaled Net Operating Assets

For the Insurance - Diversified subindustry, Novus Acquisition & Development'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.

Novus Acquisition & Development's Scaled Net Operating Assets Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Novus Acquisition & Development's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Novus Acquisition & Development's Scaled Net Operating Assets falls into.

Novus Acquisition & Development 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.

Novus Acquisition & Development's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in . 20 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: . 20 )
=	(Operating Assets (A: . 20 )	-	Operating Liabilities (A: . 20 ))	/	Total Assets (A: . 20 )
=	(	-	)	/
=

where

	Operating Assets		(A: . 20 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=		-
=

	Operating Liabilities		(A: . 20 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=		-		-
=

Novus Acquisition & Development'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: Sep. 2022 )
=	(1.569	-	0.046)	/	0
=	N/A

where

	Operating Assets		(Q: Sep. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	1.767	-	0.198
=	1.569

	Operating Liabilities		(Q: Sep. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	0.046	-	0	-	0
=	0.046

Novus Acquisition & Development Scaled Net Operating Assets Related Terms

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Novus Acquisition & Development (Novus Acquisition & Development) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Novus Acquisition & Development Corp (OTCPK:NDEV) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

2665 South Bayshore Drive, Suite 220, Miami, FL, USA, 33131

Website

https://www.getnovusnow.com

Novus Acquisition & Development Corp is a holding company operating through its subsidiaries. It offers health, life, and annuity insurance products and services. The company initiated its health insurance business model within the medical marijuana space, where it can render risk and non-risk insurance models. It operates throughout the United States.