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SofTech (SofTech) Scaled Net Operating Assets : 0.31 (As of Nov. 2016)


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What is SofTech 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.

SofTech's operating assets for the quarter that ended in Nov. 2016 was $2.24 Mil. SofTech's operating liabilities for the quarter that ended in Nov. 2016 was $1.22 Mil. SofTech's Total Assets for the quarter that ended in Aug. 2016 was $3.26 Mil. Therefore, SofTech's scaled net operating assets (SNOA) for the quarter that ended in Nov. 2016 was 0.31.


SofTech Scaled Net Operating Assets Historical Data

The historical data trend for SofTech'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.

SofTech Scaled Net Operating Assets Chart

SofTech Annual Data
Trend May06 May07 May08 May09 May11 May12 May13 May14 May15 May16
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.39 0.50 0.09 0.17 0.28

SofTech Quarterly Data
Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16
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 0.07 -0.02 0.26 -0.04 0.31

Competitive Comparison of SofTech's Scaled Net Operating Assets

For the Software - Application subindustry, SofTech'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.


SofTech's Scaled Net Operating Assets Distribution in the Software Industry

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

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



SofTech 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.

SofTech's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in May. 2016 is calculated as

Scaled Net Operating Assets (SNOA)(A: May. 2016 )
=(Operating Assets (A: May. 2016 )-Operating Liabilities (A: May. 2016 ))/Total Assets (A: May. 2015 )
=(2.94-2.032)/3.293
=0.28

where

Operating Assets(A: May. 2016 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3.115 - 0.175
=2.94

Operating Liabilities(A: May. 2016 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2.995 - 0.039 - 0.924
=2.032

SofTech's Scaled Net Operating Assets (SNOA) for the quarter that ended in Nov. 2016 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Nov. 2016 )
=(Operating Assets (Q: Nov. 2016 )-Operating Liabilities (Q: Nov. 2016 ))/Total Assets (Q: Aug. 2016 )
=(2.235-1.223)/3.26
=0.31

where

Operating Assets(Q: Nov. 2016 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2.58 - 0.345
=2.235

Operating Liabilities(Q: Nov. 2016 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.274 - 0.027 - 0.024
=1.223

* 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.


SofTech Scaled Net Operating Assets Related Terms

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SofTech (SofTech) Business Description

Industry
Traded in Other Exchanges
N/A
Address
650 Suffolk Street, Suite 415, Lowell, MA, USA, 01854
SofTech Inc is engaged in the development, marketing, distribution and support of computer software solutions that enable companies to manage the lifecycle of their products from conception through design and manufacture, to service and disposal. The company's service offerings include consulting, training and discrete engineering services. These solutions include software technology offerings for computer-aided design, and product data management and collaboration technologies. In addition, the company offers a technology platform that allows data exchange between various third-party technology offerings known as the company's connector offering.
Executives
Joseph Patrick Daly 10 percent owner 497 CIRCLE FREEWAY, CINCINNATI OH 45246
J Phillip Cooper director

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