PMD Device Solutions AB (OSTO:PMDS) Scaled Net Operating Assets: -0.75 (As of Sep. 2024)


OSTO:PMDS PMD Device Solutions AB OSTO:PMDS
4 GF Score
Price kr0.66
View Full Analysis

What is PMD Device Solutions AB Scaled Net Operating Assets?

PMD Device Solutions AB OSTO:PMDS 4 Scaled Net Operating Assets is -0.75 as of Sep. 2024. GuruFocus rates OSTO:PMDS 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.

PMD Device Solutions AB's operating assets for the quarter that ended in Sep. 2024 was kr118.00 Mil. PMD Device Solutions AB's operating liabilities for the quarter that ended in Sep. 2024 was kr203.62 Mil. PMD Device Solutions AB's Total Assets for the quarter that ended in Jun. 2024 was kr114.20 Mil. Therefore, PMD Device Solutions AB's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was -0.75.


PMD Device Solutions AB Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for PMD Device Solutions 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.

PMD Device Solutions AB Scaled Net Operating Assets Chart

PMD Device Solutions AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial -0.20 -0.01 -0.15 -0.07 -3.46

PMD Device Solutions AB Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -0.23 -15.09 -2.00 -2.06 -0.75

OSTO:PMDS vs ABT, SYK, BSX: Scaled Net Operating Assets Comparison

For the Medical Devices subindustry, PMD Device Solutions 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.


PMD Device Solutions AB Scaled Net Operating Assets vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, PMD Device Solutions AB's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where PMD Device Solutions AB's Scaled Net Operating Assets falls into.


OSTO:PMDS
4GF Score
PMD Device Solutions AB OSTO:PMDS
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PMD Device Solutions 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.

PMD Device Solutions 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 )
=(38.195-110.957)/21.006
=-3.46

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=39.479 - 1.284
=38.195

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=138.149 - 22.466 - 4.726
=110.957

PMD Device Solutions AB's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2024 )
=(Operating Assets (Q: Sep. 2024 )-Operating Liabilities (Q: Sep. 2024 ))/Total Assets (Q: Jun. 2024 )
=(118.002-203.621)/114.196
=-0.75

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=118.972 - 0.97
=118.002

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=231.425 - 0.889 - 26.915
=203.621

* 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 -0.75 mean?
PMD Device Solutions AB (OSTO:PMDS) has a Scaled Net Operating Assets of -0.75 as of Sep. 2024. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on PMD Device Solutions AB and its competitors.
Is PMD Device Solutions AB's Scaled Net Operating Assets too high?
PMD Device Solutions AB's current Scaled Net Operating Assets is -0.75. Overall, PMD Device Solutions AB has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does PMD Device Solutions AB's Scaled Net Operating Assets compare to ABT and SYK?
PMD Device Solutions AB's Scaled Net Operating Assets of -0.75 can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good Scaled Net Operating Assets depends on the Medical Devices & Instruments 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 PMD Device Solutions AB and its competitors. PMD Device Solutions AB's current Scaled Net Operating Assets is -0.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PMD Device Solutions AB stock overvalued right now?
PMD Device Solutions AB (OSTO:PMDS) has a current Scaled Net Operating Assets of -0.75. The current Scaled Net Operating Assets is -0.75. PMD Device Solutions 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 PMD Device Solutions AB (OSTO:PMDS), the current Scaled Net Operating Assets is -0.75 as of Sep. 2024. 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.

PMD Device Solutions AB Business Description

Address C/o Eversheds Sutherland Advokatbyra AB, Box 14055, Stockholm, SWE, 104 40
PMD Device Solutions AB develops and sells medical products for respiratory monitoring in both the hospital and homecare setting. Its primary product is RespiraSense, a solution used for monitoring respiratory rate to detect deterioration of a patient's general condition early and to avoid preventable respiratory failure and adverse patient outcomes. RespiraSense is, to the Company's knowledge, the world's only continuous, motion-tolerant respiratory rate monitor delivering class-leading reliability in measuring respiratory rate. RespiraSense is a novel technology that is commercialised in Europe, the UK, and FDA-cleared in the US.
4GF Score

Get the complete analysis for OSTO:PMDS

Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr0.66
Price