NRBT (Novus Robotics) Scaled Net Operating Assets: -0.02 (As of Mar. 2019)


NRBT Novus Robotics Inc NRBT
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What is Novus Robotics Scaled Net Operating Assets?

Novus Robotics NRBT 12 Scaled Net Operating Assets is -0.02 as of Mar. 2019. GuruFocus rates NRBT with a GF Score™ of 12/100.

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

Novus Robotics's operating assets for the quarter that ended in Mar. 2019 was $0.56 Mil. Novus Robotics's operating liabilities for the quarter that ended in Mar. 2019 was $0.60 Mil. Novus Robotics's Total Assets for the quarter that ended in Dec. 2018 was $2.45 Mil. Therefore, Novus Robotics's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2019 was -0.02.


Novus Robotics Scaled Net Operating Assets Historical Data

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The historical data trend for Novus Robotics'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.

Novus Robotics Scaled Net Operating Assets Chart

Novus Robotics Annual Data
Trend May09 May10 May11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.12 0.12 -0.13 -0.13 0.01

Novus Robotics Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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 0.04 0.05 -0.14 0.01 -0.02

NRBT vs SEII: Scaled Net Operating Assets Comparison

For the Specialty Industrial Machinery subindustry, Novus Robotics'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 Robotics Scaled Net Operating Assets vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Novus Robotics's Scaled Net Operating Assets distribution charts can be found below:

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


NRBT
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Novus Robotics Inc NRBT
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Novus Robotics 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 Robotics's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2018 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2018 )
=(Operating Assets (A: Dec. 2018 )-Operating Liabilities (A: Dec. 2018 ))/Total Assets (A: Dec. 2017 )
=(1.142-1.106)/2.975
=0.01

where

Operating Assets(A: Dec. 2018 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2.451 - 1.309
=1.142

Operating Liabilities(A: Dec. 2018 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.106 - 0 - 0
=1.106

Novus Robotics's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2019 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2019 )
=(Operating Assets (Q: Mar. 2019 )-Operating Liabilities (Q: Mar. 2019 ))/Total Assets (Q: Dec. 2018 )
=(0.561-0.599)/2.451
=-0.02

where

Operating Assets(Q: Mar. 2019 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2.038 - 1.477
=0.561

Operating Liabilities(Q: Mar. 2019 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.599 - 0 - 0
=0.599

* 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 -0.02 mean?
Novus Robotics (NRBT) has a Scaled Net Operating Assets of -0.02 as of Mar. 2019. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Novus Robotics and its competitors.
Is Novus Robotics' Scaled Net Operating Assets too high?
Novus Robotics' current Scaled Net Operating Assets is -0.02. Overall, Novus Robotics has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Novus Robotics' Scaled Net Operating Assets compare to SEII?
Novus Robotics' Scaled Net Operating Assets of -0.02 can be compared against companies in the Industrial Products 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 Products company?
A good Scaled Net Operating Assets depends on the Industrial Products 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 Novus Robotics and its competitors. Novus Robotics's current Scaled Net Operating Assets is -0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Novus Robotics stock overvalued right now?
Novus Robotics (NRBT) has a current Scaled Net Operating Assets of -0.02. The current Scaled Net Operating Assets is -0.02. Novus Robotics' overall GF Score™ is 12/100. 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 Novus Robotics (NRBT), the current Scaled Net Operating Assets is -0.02 as of Mar. 2019. 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.

Novus Robotics Business Description

Address 7669 Kimbel Street, Mississauga, ON, CAN, L5S 1A7
Novus Robotics Inc is involved in engineering, designing, and manufacturing robotics and automation solutions for tube forming machines. It provides state of the art technology for the Automotive Industry in passenger seating and for Aluminum applications for automotive panels and bumpers. The company also makes precision components using its manufacturing systems, knowledge, and technology.
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