Ankit Metal & Power (NSE:ANKITMETAL) Scaled Net Operating Assets: 0.00 (As of Dec. 2023)

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NSE:ANKITMETAL Ankit Metal & Power Ltd NSE:ANKITMETAL
4 GF Score
Price ₹1.55
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What is Ankit Metal & Power Scaled Net Operating Assets?

Ankit Metal & Power NSE:ANKITMETAL +1.31% 4 Scaled Net Operating Assets is 0.00 as of Dec. 2023. GuruFocus rates NSE:ANKITMETAL with a GF Score™ of 4/100.

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

Ankit Metal & Power's operating assets for the quarter that ended in Dec. 2023 was ₹0 Mil. Ankit Metal & Power's operating liabilities for the quarter that ended in Dec. 2023 was ₹0 Mil. Ankit Metal & Power's Total Assets for the quarter that ended in Sep. 2023 was ₹11,778 Mil. Therefore, Ankit Metal & Power's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.00.


Ankit Metal & Power Scaled Net Operating Assets Historical Data

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The historical data trend for Ankit Metal & Power'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.

Ankit Metal & Power Scaled Net Operating Assets Chart

Ankit Metal & Power Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.43 0.38 0.34 0.29 0.18

Ankit Metal & Power Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.00 0.00 0.00 0.00 0.00

NSE:ANKITMETAL vs NUE, STLD, RS: Scaled Net Operating Assets Comparison

For the Steel subindustry, Ankit Metal & Power'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.


Ankit Metal & Power Scaled Net Operating Assets vs Steel Industry

For the Steel industry and Basic Materials sector, Ankit Metal & Power's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Ankit Metal & Power's Scaled Net Operating Assets falls into.


NSE:ANKITMETAL
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Ankit Metal & Power Ltd NSE:ANKITMETAL
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Ankit Metal & Power 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.

Ankit Metal & Power's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2023 )
=(Operating Assets (A: Mar. 2023 )-Operating Liabilities (A: Mar. 2023 ))/Total Assets (A: Mar. 2022 )
=(11939.574-9727.895)/12193.612
=0.18

where

Operating Assets(A: Mar. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=11950.516 - 10.942
=11939.574

Operating Liabilities(A: Mar. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=20776.947 - 110.3 - 10938.752
=9727.895

Ankit Metal & Power's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2023 )
=(Operating Assets (Q: Dec. 2023 )-Operating Liabilities (Q: Dec. 2023 ))/Total Assets (Q: Sep. 2023 )
=(0-0)/11777.867
=0.00

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0 - 0
=0

* 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 0.00 mean?
Ankit Metal & Power (NSE:ANKITMETAL) has a Scaled Net Operating Assets of 0.00 as of Dec. 2023. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Ankit Metal & Power and its competitors.
Is Ankit Metal & Power's Scaled Net Operating Assets too high?
Ankit Metal & Power's current Scaled Net Operating Assets is 0.00. Overall, Ankit Metal & Power has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Ankit Metal & Power's Scaled Net Operating Assets compare to NUE and STLD?
Ankit Metal & Power's Scaled Net Operating Assets of 0.00 can be compared against companies in the Steel 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 Steel company?
A good Scaled Net Operating Assets depends on the Steel 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 Ankit Metal & Power and its competitors. Ankit Metal & Power's current Scaled Net Operating Assets is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ankit Metal & Power stock overvalued right now?
Ankit Metal & Power (NSE:ANKITMETAL) has a current Scaled Net Operating Assets of 0.00. The current Scaled Net Operating Assets is 0.00. Ankit Metal & Power's overall GF Score™ is 4/100. 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 Ankit Metal & Power (NSE:ANKITMETAL), the current Scaled Net Operating Assets is 0.00 as of Dec. 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.

Ankit Metal & Power Business Description

Address 132A, S. P. Mukherjee Road, SKP House, Kolkata, WB, IND, 700 026
Ankit Metal & Power Ltd manufactures and sells iron and steel products. Its product portfolio includes Sponge Iron, M.S. Billets, Pig Iron, Ferro Silicon, and others.
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