Cline Scientific AB (OSTO:CLINE B) Scaled Net Operating Assets: 1.12 (As of Dec. 2023)

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OSTO:CLINE B Cline Scientific AB OSTO:CLINE B
4 GF Score
Price kr0.07
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What is Cline Scientific AB Scaled Net Operating Assets?

Cline Scientific AB OSTO:CLINE B 4 Scaled Net Operating Assets is 1.12 as of Dec. 2023. GuruFocus rates OSTO:CLINE B 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.

Cline Scientific AB's operating assets for the quarter that ended in Dec. 2023 was kr19.37 Mil. Cline Scientific AB's operating liabilities for the quarter that ended in Dec. 2023 was kr2.62 Mil. Cline Scientific AB's Total Assets for the quarter that ended in Jun. 2023 was kr14.97 Mil. Therefore, Cline Scientific AB's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 1.12.


Cline Scientific AB Scaled Net Operating Assets Historical Data

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The historical data trend for Cline Scientific AB'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.

Cline Scientific AB Scaled Net Operating Assets Chart

Cline Scientific AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only 0.81 0.80 0.90 0.74 0.89

Cline Scientific AB Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.55 0.56 0.87 0.75 1.12

OSTO:CLINE B vs VRTX, REGN, SGEN: Scaled Net Operating Assets Comparison

For the Biotechnology subindustry, Cline Scientific AB'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.


Cline Scientific AB Scaled Net Operating Assets vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Cline Scientific AB's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Cline Scientific AB's Scaled Net Operating Assets falls into.


OSTO:CLINE B
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Cline Scientific AB OSTO:CLINE B
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Cline Scientific AB 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.

Cline Scientific AB'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 )
=(19.372-2.617)/18.817
=0.89

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=22.721 - 3.349
=19.372

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2.617 - 0 - 0
=2.617

Cline Scientific AB'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: Jun. 2023 )
=(19.372-2.617)/14.974
=1.12

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=22.721 - 3.349
=19.372

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2.617 - 0 - 0
=2.617

* 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 1.12 mean?
Cline Scientific AB (OSTO:CLINE B) has a Scaled Net Operating Assets of 1.12 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 Cline Scientific AB and its competitors.
Is Cline Scientific AB's Scaled Net Operating Assets too high?
Cline Scientific AB's current Scaled Net Operating Assets is 1.12. Overall, Cline Scientific AB has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Cline Scientific AB's Scaled Net Operating Assets compare to VRTX and REGN?
Cline Scientific AB's Scaled Net Operating Assets of 1.12 can be compared against companies in the Biotechnology 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 Biotechnology company?
A good Scaled Net Operating Assets depends on the Biotechnology 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 Cline Scientific AB and its competitors. Cline Scientific AB's current Scaled Net Operating Assets is 1.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cline Scientific AB stock overvalued right now?
Cline Scientific AB (OSTO:CLINE B) has a current Scaled Net Operating Assets of 1.12. The current Scaled Net Operating Assets is 1.12. Cline Scientific AB'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 Cline Scientific AB (OSTO:CLINE B), the current Scaled Net Operating Assets is 1.12 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.

Cline Scientific AB Business Description

Address Vastra Gotalands Lan, 2C Argongatan, Molndal, SWE, 43153
Cline Scientific AB develops and markets products for biomedical research based on proprietary nanotechnology. Its products include unique surfaces for use in stem cell & cancer research and customized nanoparticles for use in biomedical applications.
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