Tix (TIXC) Scaled Net Operating Assets: 0.58 (As of Sep. 2020)


TIXC Tix Corp TIXC
12 GF Score
Price $0.00
View Full Analysis

What is Tix Scaled Net Operating Assets?

Tix TIXC 12 Scaled Net Operating Assets is 0.58 as of Sep. 2020. GuruFocus rates TIXC 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.

Tix's operating assets for the quarter that ended in Sep. 2020 was $3.32 Mil. Tix's operating liabilities for the quarter that ended in Sep. 2020 was $0.80 Mil. Tix's Total Assets for the quarter that ended in Jun. 2020 was $4.37 Mil. Therefore, Tix's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2020 was 0.58.

Tix Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Tix'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.

Tix Scaled Net Operating Assets Chart

Tix Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.38 0.51 0.36 0.09 0.49

Tix Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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 0.36 0.35 0.48 0.52 0.58

TIXC vs WIZD, TGHI, HLWD: Scaled Net Operating Assets Comparison

For the Entertainment subindustry, Tix'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.

Tix Scaled Net Operating Assets vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Tix's Scaled Net Operating Assets distribution charts can be found below:

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


TIXC
12GF Score
Tix Corp TIXC
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tix 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.

Tix's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2019 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2019 )
=(Operating Assets (A: Dec. 2019 )-Operating Liabilities (A: Dec. 2019 ))/Total Assets (A: Dec. 2018 )
=(3.908-0.796)/6.305
=0.49

where

Operating Assets(A: Dec. 2019 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6.159 - 2.251
=3.908

Operating Liabilities(A: Dec. 2019 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3.947 - 1.55 - 1.601
=0.796

Tix's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2020 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2020 )
=(Operating Assets (Q: Sep. 2020 )-Operating Liabilities (Q: Sep. 2020 ))/Total Assets (Q: Jun. 2020 )
=(3.323-0.798)/4.365
=0.58

where

Operating Assets(Q: Sep. 2020 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4.228 - 0.905
=3.323

Operating Liabilities(Q: Sep. 2020 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5.318 - 2.889 - 1.631
=0.798

* 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 0.58 mean?
Tix (TIXC) has a Scaled Net Operating Assets of 0.58 as of Sep. 2020. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Tix and its competitors.
Is Tix's Scaled Net Operating Assets too high?
Tix's current Scaled Net Operating Assets is 0.58. Overall, Tix has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Tix's Scaled Net Operating Assets compare to WIZD and TGHI?
Tix's Scaled Net Operating Assets of 0.58 can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Scaled Net Operating Assets depends on the Media - Diversified 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 Tix and its competitors. Tix's current Scaled Net Operating Assets is 0.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tix stock overvalued right now?
Tix (TIXC) has a current Scaled Net Operating Assets of 0.58. The current Scaled Net Operating Assets is 0.58. Tix'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 Tix (TIXC), the current Scaled Net Operating Assets is 0.58 as of Sep. 2020. 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.

Tix Business Description

Address 731 Pilot Road, Suite A, Las Vegas, NV, USA, 89119
Tix Corp is an entertainment company. It is engaged in providing discount ticketing and discount dining and shopping products. Through its subsidiaries, the company offers sale discount tickets to Las Vegas shows and discounted dining at various restaurants surrounding the Las Vegas Strip and downtown.
12GF Score

Get the complete analysis for TIXC

Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.00
Price