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Better Collective AS (OSTO:BETCO) Scaled Net Operating Assets : 0.66 (As of Dec. 2023)


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What is Better Collective AS 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.

Better Collective AS's operating assets for the quarter that ended in Dec. 2023 was kr9,928 Mil. Better Collective AS's operating liabilities for the quarter that ended in Dec. 2023 was kr2,661 Mil. Better Collective AS's Total Assets for the quarter that ended in Sep. 2023 was kr11,013 Mil. Therefore, Better Collective AS's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.66.


Better Collective AS Scaled Net Operating Assets Historical Data

The historical data trend for Better Collective AS'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.

* Premium members only.

Better Collective AS Scaled Net Operating Assets Chart

Better Collective AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.93 0.91 1.41 1.06 0.84

Better Collective AS 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 0.75 0.76 0.79 0.75 0.66

Competitive Comparison of Better Collective AS's Scaled Net Operating Assets

For the Software - Application subindustry, Better Collective AS'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.


Better Collective AS's Scaled Net Operating Assets Distribution in the Software Industry

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

* The bar in red indicates where Better Collective AS's Scaled Net Operating Assets falls into.



Better Collective AS 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.

Better Collective AS's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(9927.679-2661.203)/8632.528
=0.84

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=10490.963 - 563.284
=9927.679

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5621.981 - 2930.553 - 30.225
=2661.203

Better Collective AS'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 )
=(9927.679-2661.203)/11013.039
=0.66

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=10490.963 - 563.284
=9927.679

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5621.981 - 2930.553 - 30.225
=2661.203

* 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.


Better Collective AS Scaled Net Operating Assets Related Terms

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Better Collective AS (OSTO:BETCO) Business Description

Traded in Other Exchanges
Address
Toldbodgade 12, Copenhagen, DNK, 1253
Better Collective AS is a developer of educational platforms within the iGaming industry. The company's segment includes Publishing and Paid Media. It generates maximum revenue from the Publishing segment. The Publishing business segment includes revenue from Better Collective's proprietary online platforms and media partnerships where the online traffic is coming either directly or through organic search results.

Better Collective AS (OSTO:BETCO) Headlines

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