SPP Polymer (NSE:SPPPOLY) Scaled Net Operating Assets: 0.83 (As of Mar. 2025)


NSE:SPPPOLY SPP Polymer Ltd NSE:SPPPOLY
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What is SPP Polymer Scaled Net Operating Assets?

SPP Polymer NSE:SPPPOLY 11 Scaled Net Operating Assets is 0.83 as of Mar. 2025. GuruFocus rates NSE:SPPPOLY with a GF Score™ of 11/100. The stock has 4 warning signs investors should review.

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

SPP Polymer's operating assets for the quarter that ended in Mar. 2025 was ₹805 Mil. SPP Polymer's operating liabilities for the quarter that ended in Mar. 2025 was ₹217 Mil. SPP Polymer's Total Assets for the quarter that ended in Mar. 2024 was ₹709 Mil. Therefore, SPP Polymer's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2025 was 0.83.

SPP Polymer Scaled Net Operating Assets Historical Data

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The historical data trend for SPP Polymer'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.

SPP Polymer Scaled Net Operating Assets Chart

SPP Polymer Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Scaled Net Operating Assets
0.80 1.39 1.20 0.82 0.83

SPP Polymer Semi-Annual Data
Mar21 Mar22 Mar23 Mar24 Mar25
Scaled Net Operating Assets 0.80 1.39 1.20 0.82 0.83

NSE:SPPPOLY vs SW, PKG, IP: Scaled Net Operating Assets Comparison

For the Packaging & Containers subindustry, SPP Polymer'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.

SPP Polymer Scaled Net Operating Assets vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, SPP Polymer's Scaled Net Operating Assets distribution charts can be found below:

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


NSE:SPPPOLY
11GF Score
SPP Polymer Ltd NSE:SPPPOLY
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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SPP Polymer 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.

SPP Polymer's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2025 )
=(Operating Assets (A: Mar. 2025 )-Operating Liabilities (A: Mar. 2025 ))/Total Assets (A: Mar. 2024 )
=(805.14-217.004)/709.188
=0.83

where

Operating Assets(A: Mar. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=805.315 - 0.175
=805.14

Operating Liabilities(A: Mar. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=294.2 - 2.614 - 74.582
=217.004

SPP Polymer's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2025 )
=(Operating Assets (Q: Mar. 2025 )-Operating Liabilities (Q: Mar. 2025 ))/Total Assets (Q: Mar. 2024 )
=(805.14-217.004)/709.188
=0.83

where

Operating Assets(Q: Mar. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=805.315 - 0.175
=805.14

Operating Liabilities(Q: Mar. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=294.2 - 2.614 - 74.582
=217.004

* 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 0.83 mean?
SPP Polymer (NSE:SPPPOLY) has a Scaled Net Operating Assets of 0.83 as of Mar. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on SPP Polymer and its competitors.
Is SPP Polymer's Scaled Net Operating Assets too high?
SPP Polymer's current Scaled Net Operating Assets is 0.83. Overall, SPP Polymer has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does SPP Polymer's Scaled Net Operating Assets compare to SW and PKG?
SPP Polymer's Scaled Net Operating Assets of 0.83 can be compared against companies in the Packaging & Containers 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 Packaging & Containers company?
A good Scaled Net Operating Assets depends on the Packaging & Containers 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 SPP Polymer and its competitors. SPP Polymer's current Scaled Net Operating Assets is 0.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPP Polymer stock overvalued right now?
SPP Polymer (NSE:SPPPOLY) has a current Scaled Net Operating Assets of 0.83. The current Scaled Net Operating Assets is 0.83. SPP Polymer's overall GF Score™ is 11/100 with 4 warning signs to review. 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 SPP Polymer (NSE:SPPPOLY), the current Scaled Net Operating Assets is 0.83 as of Mar. 2025. 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.

SPP Polymer Business Description

Address Plot No-04, Sector-01, IIE, SIIDCUL, Pantnagar, Udhamsingh Nagar, Rudrapur, UT, IND, 263153
SPP Polymer Ltd is engaged in the business of manufacturing of HDPE/PP woven fabric & bags, non-woven fabrics & bags and PP Multifilament yarn. It offers packaging solutions to business-to-business (B2B) manufacturers catering to different industries such as cement, chemicals, food grains, sugars, polymers, agriculture, and others for the packaging of goods in big quantities.
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