CoinSmart Financial (NEOE:SMRT) Scaled Net Operating Assets: -1.12 (As of Mar. 2023)

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NEOE:SMRT CoinSmart Financial Inc NEOE:SMRT
25 GF Score
Price C$0.22
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What is CoinSmart Financial Scaled Net Operating Assets?

CoinSmart Financial NEOE:SMRT 25 Scaled Net Operating Assets is -1.12 as of Mar. 2023. GuruFocus rates NEOE:SMRT with a GF Score™ of 25/100.

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

CoinSmart Financial's operating assets for the quarter that ended in Mar. 2023 was C$0.77 Mil. CoinSmart Financial's operating liabilities for the quarter that ended in Mar. 2023 was C$60.71 Mil. CoinSmart Financial's Total Assets for the quarter that ended in Dec. 2022 was C$53.46 Mil. Therefore, CoinSmart Financial's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2023 was -1.12.

CoinSmart Financial Scaled Net Operating Assets Historical Data

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The historical data trend for CoinSmart Financial'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.

CoinSmart Financial Scaled Net Operating Assets Chart

CoinSmart Financial Annual Data
Trend Dec20 Dec21 Dec22
Scaled Net Operating Assets
-0.89 -4.69 -0.53

CoinSmart Financial Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -0.92 -0.38 -1.06 -0.71 -1.12

NEOE:SMRT vs CRM, INTU, NOW: Scaled Net Operating Assets Comparison

For the Software - Application subindustry, CoinSmart Financial'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.

CoinSmart Financial Scaled Net Operating Assets vs Software Industry

For the Software industry and Technology sector, CoinSmart Financial's Scaled Net Operating Assets distribution charts can be found below:

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


NEOE:SMRT
25GF Score
CoinSmart Financial Inc NEOE:SMRT
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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CoinSmart Financial 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.

CoinSmart Financial'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 )
=(0.784-44.746)/82.998
=-0.53

where

Operating Assets(A: Dec. 2022 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=53.457 - 52.673
=0.784

Operating Liabilities(A: Dec. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=45.093 - 0.14 - 0.207
=44.746

CoinSmart Financial's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2023 )
=(Operating Assets (Q: Mar. 2023 )-Operating Liabilities (Q: Mar. 2023 ))/Total Assets (Q: Dec. 2022 )
=(0.765-60.707)/53.457
=-1.12

where

Operating Assets(Q: Mar. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=69.784 - 69.019
=0.765

Operating Liabilities(Q: Mar. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=61.004 - 0.102 - 0.195
=60.707

* 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 -1.12 mean?
CoinSmart Financial (NEOE:SMRT) has a Scaled Net Operating Assets of -1.12 as of Mar. 2023. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on CoinSmart Financial and its competitors.
Is CoinSmart Financial's Scaled Net Operating Assets too high?
CoinSmart Financial's current Scaled Net Operating Assets is -1.12. Overall, CoinSmart Financial has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does CoinSmart Financial's Scaled Net Operating Assets compare to CRM and INTU?
CoinSmart Financial's Scaled Net Operating Assets of -1.12 can be compared against companies in the Software 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 Software company?
A good Scaled Net Operating Assets depends on the Software 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 CoinSmart Financial and its competitors. CoinSmart Financial's current Scaled Net Operating Assets is -1.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CoinSmart Financial stock overvalued right now?
CoinSmart Financial (NEOE:SMRT) has a current Scaled Net Operating Assets of -1.12. The current Scaled Net Operating Assets is -1.12. CoinSmart Financial's overall GF Score™ is 25/100. 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 CoinSmart Financial (NEOE:SMRT), the current Scaled Net Operating Assets is -1.12 as of Mar. 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.

CoinSmart Financial Business Description

Address 1075 Bay Street, Unit 403, Toronto, ON, CAN, M5B 2B2
CoinSmart Financial Inc is a Toronto-based fintech company that operates an online crypto asset trading platform that provides a secure and intuitive platform for trading crypto assets. It is a digital asset trading platform dedicated to providing customers with an intuitive way for buying and selling digital assets, like Bitcoin and Ethereum, combined with the seamless ability to on-ramp and off-ramp fiat. The CoinSmart Platform lists liquid crypto assets, including Bitcoin, Ether,Polkadot, Shiba Inu, Chainlink, Uniswap, Solana, Polygon, Avalanche, Litecoin, Bitcoin Cash, Dogecoin,Stellar, USD Coin, EOS and Cardano.
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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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