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Brighten Optix (ROCO:6747) Scaled Net Operating Assets : 0.42 (As of Mar. 2024)


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What is Brighten Optix 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.

Brighten Optix's operating assets for the quarter that ended in Mar. 2024 was NT$901.1 Mil. Brighten Optix's operating liabilities for the quarter that ended in Mar. 2024 was NT$284.6 Mil. Brighten Optix's Total Assets for the quarter that ended in Dec. 2023 was NT$1,482.8 Mil. Therefore, Brighten Optix's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.42.


Brighten Optix Scaled Net Operating Assets Historical Data

The historical data trend for Brighten Optix'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.

Brighten Optix Scaled Net Operating Assets Chart

Brighten Optix 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 0.63 0.44 0.62 0.45 0.55

Brighten Optix Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.34 0.50 0.65 0.54 0.42

Competitive Comparison of Brighten Optix's Scaled Net Operating Assets

For the Medical Devices subindustry, Brighten Optix'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.


Brighten Optix's Scaled Net Operating Assets Distribution in the Medical Devices & Instruments Industry

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

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



Brighten Optix 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.

Brighten Optix'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 )
=(952.264-168.135)/1435.571
=0.55

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1482.788 - 530.524
=952.264

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=204.399 - 27.111 - 9.153
=168.135

Brighten Optix's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2024 )
=(Operating Assets (Q: Mar. 2024 )-Operating Liabilities (Q: Mar. 2024 ))/Total Assets (Q: Dec. 2023 )
=(901.147-284.583)/1482.788
=0.42

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1597.67 - 696.523
=901.147

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=321.776 - 27.098 - 10.095
=284.583

* 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.


Brighten Optix Scaled Net Operating Assets Related Terms

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Brighten Optix (ROCO:6747) Business Description

Traded in Other Exchanges
N/A
Address
No. 150, Chengde Road, 6th Floor-1, Section 4, Shilin District, Taipei, TWN, 111
Brighten Optix Corp is a Taiwan-based company engaged in the manufacturing of contact lenses. The product offerings of the company include Corneal plastic film, Hard contact lenses, Customized soft contact lenses, Hard potion, and Other ancillary products.

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