THBD (Third Bench) Scaled Net Operating Assets: 0.01 (As of May. 2024)


What is Third Bench Scaled Net Operating Assets?

Third Bench THBD Scaled Net Operating Assets is 0.01 as of May. 2024.

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

Third Bench's operating assets for the quarter that ended in May. 2024 was $5.72 Mil. Third Bench's operating liabilities for the quarter that ended in May. 2024 was $5.64 Mil. Third Bench's Total Assets for the quarter that ended in May. 2023 was $8.50 Mil. Therefore, Third Bench's scaled net operating assets (SNOA) for the quarter that ended in May. 2024 was 0.01.

Third Bench Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Third Bench'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.

Third Bench Scaled Net Operating Assets Chart

Third Bench Annual Data
Trend Aug07 Aug08 Aug09 Aug10 Aug11 Aug12 Aug13 Aug14 Aug15
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only 0.00 -0.40 -5.15 0.00 -113.83

Third Bench Quarterly Data
Feb10 May10 Aug10 Nov10 Feb11 May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Aug14 Aug15 May22 May23 May24
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 0.00 -113.83 0.00 0.00 0.01

THBD vs SGI, SN, MHK: Scaled Net Operating Assets Comparison

For the Furnishings, Fixtures & Appliances subindustry, Third Bench'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.

Third Bench Scaled Net Operating Assets vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Third Bench's Scaled Net Operating Assets distribution charts can be found below:

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


Third Bench 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.

Third Bench's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Aug. 2015 is calculated as

Scaled Net Operating Assets (SNOA)(A: Aug. 2015 )
=(Operating Assets (A: Aug. 2015 )-Operating Liabilities (A: Aug. 2015 ))/Total Assets (A: Aug. 2014 )
=(0-0.683)/0.006
=-113.83

where

Operating Assets(A: Aug. 2015 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.001 - 0.001
=0

Operating Liabilities(A: Aug. 2015 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.222 - 0 - 0.539
=0.683

Third Bench's Scaled Net Operating Assets (SNOA) for the quarter that ended in May. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: May. 2024 )
=(Operating Assets (Q: May. 2024 )-Operating Liabilities (Q: May. 2024 ))/Total Assets (Q: May. 2023 )
=(5.723-5.644)/8.495
=0.01

where

Operating Assets(Q: May. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6.119 - 0.396
=5.723

Operating Liabilities(Q: May. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=17.845 - 8.282 - 3.919
=5.644

* 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 0.01 mean?
Third Bench (THBD) has a Scaled Net Operating Assets of 0.01 as of May. 2024. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Third Bench and its competitors.
Is Third Bench's Scaled Net Operating Assets too high?
Third Bench's current Scaled Net Operating Assets is 0.01.
How does Third Bench's Scaled Net Operating Assets compare to SGI and SN?
Third Bench's Scaled Net Operating Assets of 0.01 can be compared against companies in the Furnishings, Fixtures & Appliances 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 Furnishings, Fixtures & Appliances company?
A good Scaled Net Operating Assets depends on the Furnishings, Fixtures & Appliances 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 Third Bench and its competitors. Third Bench's current Scaled Net Operating Assets is 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Third Bench stock overvalued right now?
Third Bench (THBD) has a current Scaled Net Operating Assets of 0.01. The current Scaled Net Operating Assets is 0.01. 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 Third Bench (THBD), the current Scaled Net Operating Assets is 0.01 as of May. 2024. 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.

Third Bench Business Description

Address 710 North Post Oak, Suite 206, Houston, TX, USA, 77024
Third Bench Inc is a holding company. The company, along with its subsidiaries, offers products in categories: Residential Cabinets and countertops and commercial millwork throughout the Western U.S. for customers from California to Texas. It also provides installation services as a part of its vertical offering. Additionally, the company provides its products and services through its architectural millwork and retail facilities, located in Albuquerque and Las Cruces, New Mexico and Tucson, Arizona.