SMME (SmartMetric) Scaled Net Operating Assets: -54.42 (As of Sep. 2024)

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What is SmartMetric Scaled Net Operating Assets?

SmartMetric SMME -90.00% Scaled Net Operating Assets is -54.42 as of Sep. 2024.

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

SmartMetric's operating assets for the quarter that ended in Sep. 2024 was $0.00 Mil. SmartMetric's operating liabilities for the quarter that ended in Sep. 2024 was $2.89 Mil. SmartMetric's Total Assets for the quarter that ended in Jun. 2024 was $0.05 Mil. Therefore, SmartMetric's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was -54.42.


SmartMetric Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for SmartMetric'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.

SmartMetric Scaled Net Operating Assets Chart

SmartMetric Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only -116.47 -21.15 -48.14 -16.76 -44.45

SmartMetric 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 -40.34 -44.19 -41.87 -44.45 -54.42

SMME vs MARK, VHAI, ATDS: Scaled Net Operating Assets Comparison

For the Software - Infrastructure subindustry, SmartMetric'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.


SmartMetric Scaled Net Operating Assets vs Software Industry

For the Software industry and Technology sector, SmartMetric's Scaled Net Operating Assets distribution charts can be found below:

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



SmartMetric 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.

SmartMetric's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jun. 2024 )
=(Operating Assets (A: Jun. 2024 )-Operating Liabilities (A: Jun. 2024 ))/Total Assets (A: Jun. 2023 )
=(0.046-2.802)/0.062
=-44.45

where

Operating Assets(A: Jun. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.053 - 0.007
=0.046

Operating Liabilities(A: Jun. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3.092 - 0 - 0.29
=2.802

SmartMetric'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 )
=(0.004-2.888)/0.053
=-54.42

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.007 - 0.003
=0.004

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3.07 - 0 - 0.182
=2.888

* 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 -54.42 mean?
SmartMetric (SMME) has a Scaled Net Operating Assets of -54.42 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 SmartMetric and its competitors.
Is SmartMetric's Scaled Net Operating Assets too high?
SmartMetric's current Scaled Net Operating Assets is -54.42.
How does SmartMetric's Scaled Net Operating Assets compare to MARK and VHAI?
SmartMetric's Scaled Net Operating Assets of -54.42 can be compared against companies in the Software 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 Software company?
A good Scaled Net Operating Assets depends on the Software 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 SmartMetric and its competitors. SmartMetric's current Scaled Net Operating Assets is -54.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SmartMetric stock overvalued right now?
SmartMetric (SMME) has a current Scaled Net Operating Assets of -54.42. The current Scaled Net Operating Assets is -54.42. 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 SmartMetric (SMME), the current Scaled Net Operating Assets is -54.42 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.

SmartMetric Business Description

Address 3960 Howard Hughes Parkway, Suite 500, Las Vegas, NV, USA, 89109
SmartMetric Inc is engaged in the technology industry. It holds the license to biometric smart card technology. The company has developed a fingerprint sensor-activated payment card and a security card with a finger sensor and a fully functional fingerprint reader embedded inside the card. The cards have a rechargeable battery allowing for portable biometric identification and card activation. Its product offerings include Touch & Pay card, Smart Security card, Smart Identity card, Smart health records card, and smart driver's license.