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SMME (SmartMetric) Scaled Net Operating Assets : -41.87 (As of Mar. 2024)


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What is SmartMetric 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.

SmartMetric's operating assets for the quarter that ended in Mar. 2024 was $0.05 Mil. SmartMetric's operating liabilities for the quarter that ended in Mar. 2024 was $2.69 Mil. SmartMetric's Total Assets for the quarter that ended in Dec. 2023 was $0.06 Mil. Therefore, SmartMetric's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was -41.87.


SmartMetric Scaled Net Operating Assets Historical Data

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.

* Premium members only.

SmartMetric Scaled Net Operating Assets Chart

SmartMetric Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only -83.75 -116.47 -21.15 -48.14 -16.76

SmartMetric 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 -34.03 -34.75 -40.34 -44.19 -41.87

Competitive Comparison of SmartMetric's Scaled Net Operating Assets

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's Scaled Net Operating Assets Distribution in the 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. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jun. 2023 )
=(Operating Assets (A: Jun. 2023 )-Operating Liabilities (A: Jun. 2023 ))/Total Assets (A: Jun. 2022 )
=(0.042-2.405)/0.141
=-16.76

where

Operating Assets(A: Jun. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.062 - 0.02
=0.042

Operating Liabilities(A: Jun. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2.819 - 0 - 0.414
=2.405

SmartMetric'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 )
=(0.047-2.685)/0.063
=-41.87

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.062 - 0.015
=0.047

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3.042 - 0 - 0.357
=2.685

* 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 Related Terms

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SmartMetric Business Description

Industry
Traded in Other Exchanges
N/A
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.
Executives
Elizabeth Ryba director 78 BROWN ROAD, SCARSDALE NY 10583
Hendrick Colin director, 10 percent owner, officer: President and CEO 9195 COLLINS AVENUE, #302, SURFSIDE FL 33154
Jay Needleman officer: Chief Financial Officer 520 WEST 47TH STREET, MIAMI BEACH FL 33140
Peter Sleep director, officer: Secretary 3 BERNADETTE COURT, EAST DONCASTER C3 3109
Joseph Katzman director 790 MONTGOMERY STREET, BROOKLYN NY 11213

SmartMetric Headlines

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