SRSCQ (Sears Canada) Scaled Net Operating Assets: 0.07 (As of Apr. 2017)


What is Sears Canada Scaled Net Operating Assets?

Sears Canada SRSCQ -99.00% Scaled Net Operating Assets is 0.07 as of Apr. 2017.

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

Sears Canada's operating assets for the quarter that ended in Apr. 2017 was $784 Mil. Sears Canada's operating liabilities for the quarter that ended in Apr. 2017 was $719 Mil. Sears Canada's Total Assets for the quarter that ended in Jan. 2017 was $944 Mil. Therefore, Sears Canada's scaled net operating assets (SNOA) for the quarter that ended in Apr. 2017 was 0.07.

Sears Canada Scaled Net Operating Assets Historical Data

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The historical data trend for Sears Canada'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.

Sears Canada Scaled Net Operating Assets Chart

Sears Canada Annual Data
Trend Jan08 Jan09 Jan10 Jan11 Jan12 Jan13 Jan14 Jan15 Jan16 Jan17
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.33 0.22 0.14 0.13 0.07

Sears Canada Quarterly Data
Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17
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 0.11 0.07 0.12 0.08 0.07

Sears Canada Scaled Net Operating Assets Competitor Comparison

For the Department Stores subindustry, Sears Canada'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.

Sears Canada Scaled Net Operating Assets vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Sears Canada's Scaled Net Operating Assets distribution charts can be found below:

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


Sears Canada 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.

Sears Canada's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jan. 2017 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jan. 2017 )
=(Operating Assets (A: Jan. 2017 )-Operating Liabilities (A: Jan. 2017 ))/Total Assets (A: Jan. 2016 )
=(841.766-759.994)/1149.493
=0.07

where

Operating Assets(A: Jan. 2017 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=943.943 - 102.177
=841.766

Operating Liabilities(A: Jan. 2017 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=775.393 - 12.592 - 2.807
=759.994

Sears Canada's Scaled Net Operating Assets (SNOA) for the quarter that ended in Apr. 2017 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Apr. 2017 )
=(Operating Assets (Q: Apr. 2017 )-Operating Liabilities (Q: Apr. 2017 ))/Total Assets (Q: Jan. 2017 )
=(783.657-719.059)/943.943
=0.07

where

Operating Assets(Q: Apr. 2017 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=883.679 - 100.022
=783.657

Operating Liabilities(Q: Apr. 2017 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=824.44 - 102.404 - 2.977
=719.059

* 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 0.07 mean?
Sears Canada (SRSCQ) has a Scaled Net Operating Assets of 0.07 as of Apr. 2017. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Sears Canada and its competitors.
Is Sears Canada's Scaled Net Operating Assets too high?
Sears Canada's current Scaled Net Operating Assets is 0.07.
How does Sears Canada's Scaled Net Operating Assets compare to competitors?
Sears Canada's Scaled Net Operating Assets of 0.07 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Scaled Net Operating Assets depends on the Retail - Cyclical 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 Sears Canada and its competitors. Sears Canada's current Scaled Net Operating Assets is 0.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sears Canada stock overvalued right now?
Sears Canada (SRSCQ) has a current Scaled Net Operating Assets of 0.07. The current Scaled Net Operating Assets is 0.07. 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 Sears Canada (SRSCQ), the current Scaled Net Operating Assets is 0.07 as of Apr. 2017. 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.

Sears Canada Business Description

Address 290 Yonge Street, Suite 700, Toronto, ON, CAN, M5B 2C3
Sears Canada Inc is in the sale of goods and services through the Company's Retail channels. It comprised of one reportable segment, Merchandising. Which includes its full-line department, Sears Home, Hometown, Outlet, Corbeil Electrique Inc. stores, and its Direct (catalog/internet) channel. It also includes service revenue related primarily to logistics services provided through the Company. Commission revenue includes travel, home improvement services, insurance, wireless and long-distance plans. Licensee fee revenue is comprised of payments received from licensees that operate within the Company stores.