PPJE (PPJ Healthcare Enterprises) Scaled Net Operating Assets: -0.77 (As of Dec. 2009)


What is PPJ Healthcare Enterprises Scaled Net Operating Assets?

PPJ Healthcare Enterprises PPJE -98.00% Scaled Net Operating Assets is -0.77 as of Dec. 2009.

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

PPJ Healthcare Enterprises's operating assets for the quarter that ended in Dec. 2009 was $5.44 Mil. PPJ Healthcare Enterprises's operating liabilities for the quarter that ended in Dec. 2009 was $9.09 Mil. PPJ Healthcare Enterprises's Total Assets for the quarter that ended in Dec. 2008 was $4.75 Mil. Therefore, PPJ Healthcare Enterprises's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2009 was -0.77.

PPJ Healthcare Enterprises Scaled Net Operating Assets Historical Data

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The historical data trend for PPJ Healthcare Enterprises'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.

PPJ Healthcare Enterprises Scaled Net Operating Assets Chart

PPJ Healthcare Enterprises Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09
Scaled Net Operating Assets
Get a 7-Day Free Trial -1.78 -7.25 -105.92 -0.17 -0.77

PPJ Healthcare Enterprises Semi-Annual Data
Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09
Scaled Net Operating Assets Get a 7-Day Free Trial -1.78 -7.25 -105.92 -0.17 -0.77

PPJE vs LOGQ, MDFI, NMXS: Scaled Net Operating Assets Comparison

For the Health Information Services subindustry, PPJ Healthcare Enterprises'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.

PPJ Healthcare Enterprises Scaled Net Operating Assets vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, PPJ Healthcare Enterprises's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where PPJ Healthcare Enterprises's Scaled Net Operating Assets falls into.


PPJ Healthcare Enterprises 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.

PPJ Healthcare Enterprises's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2009 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2009 )
=(Operating Assets (A: Dec. 2009 )-Operating Liabilities (A: Dec. 2009 ))/Total Assets (A: Dec. 2008 )
=(5.443-9.09)/4.754
=-0.77

where

Operating Assets(A: Dec. 2009 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5.443 - 0
=5.443

Operating Liabilities(A: Dec. 2009 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=9.092 - 0 - 0.002
=9.09

PPJ Healthcare Enterprises's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2009 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2009 )
=(Operating Assets (Q: Dec. 2009 )-Operating Liabilities (Q: Dec. 2009 ))/Total Assets (Q: Dec. 2008 )
=(5.443-9.09)/4.754
=-0.77

where

Operating Assets(Q: Dec. 2009 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5.443 - 0
=5.443

Operating Liabilities(Q: Dec. 2009 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=9.092 - 0 - 0.002
=9.09

* 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 -0.77 mean?
PPJ Healthcare Enterprises (PPJE) has a Scaled Net Operating Assets of -0.77 as of Dec. 2009. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on PPJ Healthcare Enterprises and its competitors.
Is PPJ Healthcare Enterprises' Scaled Net Operating Assets too high?
PPJ Healthcare Enterprises' current Scaled Net Operating Assets is -0.77.
How does PPJ Healthcare Enterprises' Scaled Net Operating Assets compare to LOGQ and MDFI?
PPJ Healthcare Enterprises' Scaled Net Operating Assets of -0.77 can be compared against companies in the Healthcare Providers & Services 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 Healthcare Providers & Services company?
A good Scaled Net Operating Assets depends on the Healthcare Providers & Services 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 PPJ Healthcare Enterprises and its competitors. PPJ Healthcare Enterprises's current Scaled Net Operating Assets is -0.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PPJ Healthcare Enterprises stock overvalued right now?
PPJ Healthcare Enterprises (PPJE) has a current Scaled Net Operating Assets of -0.77. The current Scaled Net Operating Assets is -0.77. 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 PPJ Healthcare Enterprises (PPJE), the current Scaled Net Operating Assets is -0.77 as of Dec. 2009. 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.

PPJ Healthcare Enterprises Business Description

Address 402 Jackson Street, Suite 2340, Tampa, FL, USA, 33602
PPJ Healthcare Enterprises Inc engages in joint venturing with doctors in setting up new practices, marketing, and management of pain management practices and blood culture labs. The company also engages in the development and testing of medical marijuana, medical cannabis products, and medical billing specialties in anesthesiology. The projects of the company include automated biller, medical billing service, pain management center, and Lab testing.