SLHPF.PFD (Skylight Health Group) Scaled Net Operating Assets: 1.01 (As of Jun. 2022)

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SLHPF.PFD Skylight Health Group Inc SLHPF.PFD
12 GF Score
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What is Skylight Health Group Scaled Net Operating Assets?

Skylight Health Group SLHPF.PFD 12 Scaled Net Operating Assets is 1.01 as of Jun. 2022. GuruFocus rates SLHPF.PFD with a GF Score™ of 12/100. The stock has 4 warning signs investors should review.

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

Skylight Health Group's operating assets for the quarter that ended in Jun. 2022 was $54.65 Mil. Skylight Health Group's operating liabilities for the quarter that ended in Jun. 2022 was $10.51 Mil. Skylight Health Group's Total Assets for the quarter that ended in Mar. 2022 was $43.89 Mil. Therefore, Skylight Health Group's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2022 was 1.01.

Skylight Health Group Scaled Net Operating Assets Historical Data

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The historical data trend for Skylight Health Group'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.

Skylight Health Group Scaled Net Operating Assets Chart

Skylight Health Group Annual Data
Trend Dec18 Dec19 Dec20 Dec21
Scaled Net Operating Assets
-0.16 83.62 1.06 1.37

Skylight Health Group Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 0.97 0.70 0.68 0.65 1.01

SLHPF.PFD vs HCA: Scaled Net Operating Assets Comparison

For the Medical Care Facilities subindustry, Skylight Health Group'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.

Skylight Health Group Scaled Net Operating Assets vs Healthcare Providers & Services Industry

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

* The bar in red indicates where Skylight Health Group's Scaled Net Operating Assets falls into.


SLHPF.PFD
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Skylight Health Group Inc SLHPF.PFD
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Skylight Health Group 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.

Skylight Health Group's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2021 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2021 )
=(Operating Assets (A: Dec. 2021 )-Operating Liabilities (A: Dec. 2021 ))/Total Assets (A: Dec. 2020 )
=(42.026-8.319)/24.57
=1.37

where

Operating Assets(A: Dec. 2021 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=51.13 - 9.104
=42.026

Operating Liabilities(A: Dec. 2021 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=20.969 - 11.35 - 1.3
=8.319

Skylight Health Group's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2022 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2022 )
=(Operating Assets (Q: Jun. 2022 )-Operating Liabilities (Q: Jun. 2022 ))/Total Assets (Q: Mar. 2022 )
=(54.65-10.505)/43.885
=1.01

where

Operating Assets(Q: Jun. 2022 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=56.407 - 1.757
=54.65

Operating Liabilities(Q: Jun. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=35.296 - 21.98 - 2.811
=10.505

* 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 1.01 mean?
Skylight Health Group (SLHPF.PFD) has a Scaled Net Operating Assets of 1.01 as of Jun. 2022. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Skylight Health Group and its competitors.
Is Skylight Health Group's Scaled Net Operating Assets too high?
Skylight Health Group's current Scaled Net Operating Assets is 1.01. Overall, Skylight Health Group has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Skylight Health Group's Scaled Net Operating Assets compare to HCA?
Skylight Health Group's Scaled Net Operating Assets of 1.01 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 Skylight Health Group and its competitors. Skylight Health Group's current Scaled Net Operating Assets is 1.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Skylight Health Group stock overvalued right now?
Skylight Health Group (SLHPF.PFD) has a current Scaled Net Operating Assets of 1.01. The current Scaled Net Operating Assets is 1.01. Skylight Health Group's overall GF Score™ is 12/100 with 4 warning signs to review. 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 Skylight Health Group (SLHPF.PFD), the current Scaled Net Operating Assets is 1.01 as of Jun. 2022. 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.

Skylight Health Group Business Description

Address 5520 Explorer Drive, Suite 402, Mississauga, ON, CAN, L4W 5L1
Skylight Health Group Inc is a healthcare services and technology company, working to impact patient health outcomes. The company operates a US multi-state health network that comprises physical multi-disciplinary medical clinics providing a range of services from primary care, subspecialty, allied health and diagnostic testing.
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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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