SQZB (SQZ Biotechnologies Co) Scaled Net Operating Assets: 0.24 (As of Sep. 2023)

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SQZB SQZ Biotechnologies Co SQZB
12 GF Score
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What is SQZ Biotechnologies Co Scaled Net Operating Assets?

SQZ Biotechnologies Co SQZB 12 Scaled Net Operating Assets is 0.24 as of Sep. 2023. GuruFocus rates SQZB with a GF Score™ of 12/100.

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

SQZ Biotechnologies Co's operating assets for the quarter that ended in Sep. 2023 was $19.60 Mil. SQZ Biotechnologies Co's operating liabilities for the quarter that ended in Sep. 2023 was $6.44 Mil. SQZ Biotechnologies Co's Total Assets for the quarter that ended in Jun. 2023 was $54.15 Mil. Therefore, SQZ Biotechnologies Co's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2023 was 0.24.


SQZ Biotechnologies Co Scaled Net Operating Assets Historical Data

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The historical data trend for SQZ Biotechnologies Co'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.

SQZ Biotechnologies Co Scaled Net Operating Assets Chart

SQZ Biotechnologies Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Scaled Net Operating Assets
-1.30 -1.12 0.03 0.22 0.09

SQZ Biotechnologies Co Quarterly Data
Dec18 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.26 0.14 0.25 0.30 0.24

SQZB vs AGTX, ISCO, VYNT: Scaled Net Operating Assets Comparison

For the Biotechnology subindustry, SQZ Biotechnologies Co'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.


SQZ Biotechnologies Co Scaled Net Operating Assets vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, SQZ Biotechnologies Co's Scaled Net Operating Assets distribution charts can be found below:

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


SQZB
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SQZ Biotechnologies Co SQZB
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SQZ Biotechnologies Co 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.

SQZ Biotechnologies Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2022 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2022 )
=(Operating Assets (A: Dec. 2022 )-Operating Liabilities (A: Dec. 2022 ))/Total Assets (A: Dec. 2021 )
=(36.191-15.281)/226.152
=0.09

where

Operating Assets(A: Dec. 2022 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=99.9 - 63.709
=36.191

Operating Liabilities(A: Dec. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=42.752 - 20.909 - 6.562
=15.281

SQZ Biotechnologies Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2023 )
=(Operating Assets (Q: Sep. 2023 )-Operating Liabilities (Q: Sep. 2023 ))/Total Assets (Q: Jun. 2023 )
=(19.595-6.435)/54.148
=0.24

where

Operating Assets(Q: Sep. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=29.788 - 10.193
=19.595

Operating Liabilities(Q: Sep. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=27.907 - 19.075 - 2.397
=6.435

* 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 0.24 mean?
SQZ Biotechnologies Co (SQZB) has a Scaled Net Operating Assets of 0.24 as of Sep. 2023. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on SQZ Biotechnologies Co and its competitors.
Is SQZ Biotechnologies Co's Scaled Net Operating Assets too high?
SQZ Biotechnologies Co's current Scaled Net Operating Assets is 0.24. Overall, SQZ Biotechnologies Co has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does SQZ Biotechnologies Co's Scaled Net Operating Assets compare to AGTX and ISCO?
SQZ Biotechnologies Co's Scaled Net Operating Assets of 0.24 can be compared against companies in the Biotechnology 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 Biotechnology company?
A good Scaled Net Operating Assets depends on the Biotechnology 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 SQZ Biotechnologies Co and its competitors. SQZ Biotechnologies Co's current Scaled Net Operating Assets is 0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SQZ Biotechnologies Co stock overvalued right now?
SQZ Biotechnologies Co (SQZB) has a current Scaled Net Operating Assets of 0.24. The current Scaled Net Operating Assets is 0.24. SQZ Biotechnologies Co's overall GF Score™ is 12/100. 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 SQZ Biotechnologies Co (SQZB), the current Scaled Net Operating Assets is 0.24 as of Sep. 2023. 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.

SQZ Biotechnologies Co Business Description

Address 200 Arsenal Yards Boulevard, Suite 210, Watertown, MA, USA, 02472
SQZ Biotechnologies Co is a clinical-stage biotechnology company developing transformative cell therapies for patients with cancer, infectious diseases, and other serious conditions. Using its proprietary technology, SQZ has the ability to deliver multiple materials into many patient cell types to engineer what it believes to be an unprecedented range of potential therapeutics for a range of diseases. The company has the potential to create well-tolerated cell therapies that can provide therapeutic benefit for patients and potentially improve the patient experience over existing cell therapy approaches, with accelerated production timelines under 24 hours and the elimination of preconditioning and lengthy hospital stays.
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