Drone Destination (NSE:DRONE) Scaled Net Operating Assets : 2.08 (As of Mar. 2024)

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What is Drone Destination 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.

Drone Destination's operating assets for the quarter that ended in Mar. 2024 was ₹596.1 Mil. Drone Destination's operating liabilities for the quarter that ended in Mar. 2024 was ₹104.2 Mil. Drone Destination's Total Assets for the quarter that ended in Mar. 2023 was ₹235.9 Mil. Therefore, Drone Destination's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 2.08.

Drone Destination Scaled Net Operating Assets Historical Data

The historical data trend for Drone Destination'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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Drone Destination Scaled Net Operating Assets Chart

Drone Destination Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Scaled Net Operating Assets

0.50

1.38

3.20

2.09

Drone Destination Semi-Annual Data
	Mar21	Mar22	Mar23	Mar24
Scaled Net Operating Assets	0.50	1.38	3.20	2.09

Competitive Comparison of Drone Destination's Scaled Net Operating Assets

For the Education & Training Services subindustry, Drone Destination'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.

Drone Destination's Scaled Net Operating Assets Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Drone Destination's Scaled Net Operating Assets distribution charts can be found below:

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

Drone Destination 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.

Drone Destination's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Mar. 2024 )
=	(Operating Assets (A: Mar. 2024 )	-	Operating Liabilities (A: Mar. 2024 ))	/	Total Assets (A: Mar. 2023 )
=	(596.092	-	104.214)	/	235.933
=	2.08

where

	Operating Assets		(A: Mar. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	760.292	-	164.2
=	596.092

	Operating Liabilities		(A: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	143.96	-	24.455	-	15.291
=	104.214

Drone Destination'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: Mar. 2023 )
=	(596.092	-	104.214)	/	235.933
=	2.08

where

	Operating Assets		(Q: Mar. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	760.292	-	164.2
=	596.092

	Operating Liabilities		(Q: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	143.96	-	24.455	-	15.291
=	104.214

Drone Destination Scaled Net Operating Assets Related Terms

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Drone Destination Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Drone Destination Ltd (NSE:DRONE) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Office. No 005B & 006, Ground Floor, NSIC-MDBP Building, Okhla Industrial Estate, Delhi, IND, 110020

Website

https://www.thedronedestination.com

Drone Destination Ltd is a DGCA-authorized Remote Pilot Training Organization that has developed an integrated drone eco-system built around drone manufacturing, certified training, services, and renting a drone. The company operates a massive network of DGCA-certified Drone Pilot Training Programs. Drone Destination currently operates nine Drone Hubs at Gurugram, Dharamshala, Chandigarh, Gwalior, Ahmedabad, Bangalore, Coimbatore, Madurai, and IFFCO Phulpur.

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