MTL Cannabis (STU:J4E) Scaled Net Operating Assets : 1.46 (As of Sep. 2023)

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What is MTL Cannabis 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.

MTL Cannabis's operating assets for the quarter that ended in Sep. 2023 was €50.24 Mil. MTL Cannabis's operating liabilities for the quarter that ended in Sep. 2023 was €16.20 Mil. MTL Cannabis's Total Assets for the quarter that ended in Jun. 2023 was €23.30 Mil. Therefore, MTL Cannabis's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2023 was 1.46.

MTL Cannabis Scaled Net Operating Assets Historical Data

The historical data trend for MTL Cannabis'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.

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MTL Cannabis Scaled Net Operating Assets Chart

MTL Cannabis Annual Data

Trend

Mar21

Mar22

Mar23

Scaled Net Operating Assets

0.65

0.79

0.82

MTL Cannabis Quarterly Data
	Mar21	Mar22	Jun22	Sep22	Mar23	Jun23	Sep23	Dec23
Scaled Net Operating Assets	Get a 7-Day Free Trial			-	-	0.62	1.46	-

Competitive Comparison of MTL Cannabis's Scaled Net Operating Assets

For the Tobacco subindustry, MTL Cannabis'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.

MTL Cannabis's Scaled Net Operating Assets Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, MTL Cannabis's Scaled Net Operating Assets distribution charts can be found below:

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

MTL Cannabis 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.

MTL Cannabis's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Mar. 2023 )
=	(Operating Assets (A: Mar. 2023 )	-	Operating Liabilities (A: Mar. 2023 ))	/	Total Assets (A: Mar. 2022 )
=	(21.37	-	7.388)	/	17.048
=	0.82

where

	Operating Assets		(A: Mar. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	21.669	-	0.299
=	21.37

	Operating Liabilities		(A: Mar. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	20.617	-	7.902	-	5.327
=	7.388

MTL Cannabis'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 )
=	(50.236	-	16.199)	/	23.295
=	1.46

where

	Operating Assets		(Q: Sep. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	52.492	-	2.256
=	50.236

	Operating Liabilities		(Q: Sep. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	43.575	-	14.003	-	13.373
=	16.199

MTL Cannabis Scaled Net Operating Assets Related Terms

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MTL Cannabis (STU:J4E) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » MTL Cannabis Corp (STU:J4E) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

J4E:Germany MTLC:Canada

Address

1773 Bayly Street, Pickering, ON, CAN, L1W 2Y7

Website

https://www.mtlcannabis.ca

MTL Cannabis Corp is a flower-first company built for the modern street, MTL Cannabis uses proprietary hydroponic growing methodologies supported by handcrafted techniques to produce products that are truly crafted for the masses. The company focuses on craft quality cannabis products, including lines of dried flower, pre-rolls and hash marketed under the MTL Cannabis, Low Key by MTL and R'belle brands for the Canadian market through nine distribution arrangements with various provincial cannabis distributors. It has also developed a number of export channels for bulk and unbranded GACP quality cannabis.

MTL Cannabis (STU:J4E) Headlines

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