TOBAF (TAAT Global Alternatives) Scaled Net Operating Assets: 0.53 (As of Jul. 2024)


TOBAF TAAT Global Alternatives Inc TOBAF
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What is TAAT Global Alternatives Scaled Net Operating Assets?

TAAT Global Alternatives TOBAF 10 Scaled Net Operating Assets is 0.53 as of Jul. 2024. GuruFocus rates TOBAF with a GF Score™ of 10/100.

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

TAAT Global Alternatives's operating assets for the quarter that ended in Jul. 2024 was $7.53 Mil. TAAT Global Alternatives's operating liabilities for the quarter that ended in Jul. 2024 was $3.49 Mil. TAAT Global Alternatives's Total Assets for the quarter that ended in Apr. 2024 was $7.67 Mil. Therefore, TAAT Global Alternatives's scaled net operating assets (SNOA) for the quarter that ended in Jul. 2024 was 0.53.

TAAT Global Alternatives Scaled Net Operating Assets Historical Data

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The historical data trend for TAAT Global Alternatives'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.

TAAT Global Alternatives Scaled Net Operating Assets Chart

TAAT Global Alternatives Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.98 2.66 0.55 0.65 0.43

TAAT Global Alternatives Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 0.62 0.46 0.54 0.46 0.53

TOBAF vs VPRB, XXII, CBDW: Scaled Net Operating Assets Comparison

For the Tobacco subindustry, TAAT Global Alternatives'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.

TAAT Global Alternatives Scaled Net Operating Assets vs Tobacco Products Industry

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

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


TOBAF
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TAAT Global Alternatives Inc TOBAF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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TAAT Global Alternatives 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.

TAAT Global Alternatives's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Oct. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Oct. 2023 )
=(Operating Assets (A: Oct. 2023 )-Operating Liabilities (A: Oct. 2023 ))/Total Assets (A: Oct. 2022 )
=(9.398-3.57)/13.577
=0.43

where

Operating Assets(A: Oct. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=9.789 - 0.391
=9.398

Operating Liabilities(A: Oct. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=9.87 - 1.944 - 4.356
=3.57

TAAT Global Alternatives's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jul. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jul. 2024 )
=(Operating Assets (Q: Jul. 2024 )-Operating Liabilities (Q: Jul. 2024 ))/Total Assets (Q: Apr. 2024 )
=(7.532-3.49)/7.667
=0.53

where

Operating Assets(Q: Jul. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=7.746 - 0.214
=7.532

Operating Liabilities(Q: Jul. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=7.618 - 0.219 - 3.909
=3.49

* 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 0.53 mean?
TAAT Global Alternatives (TOBAF) has a Scaled Net Operating Assets of 0.53 as of Jul. 2024. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on TAAT Global Alternatives and its competitors.
Is TAAT Global Alternatives' Scaled Net Operating Assets too high?
TAAT Global Alternatives' current Scaled Net Operating Assets is 0.53. Overall, TAAT Global Alternatives has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does TAAT Global Alternatives' Scaled Net Operating Assets compare to VPRB and XXII?
TAAT Global Alternatives' Scaled Net Operating Assets of 0.53 can be compared against companies in the Tobacco Products 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 Tobacco Products company?
A good Scaled Net Operating Assets depends on the Tobacco Products 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 TAAT Global Alternatives and its competitors. TAAT Global Alternatives's current Scaled Net Operating Assets is 0.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TAAT Global Alternatives stock overvalued right now?
TAAT Global Alternatives (TOBAF) has a current Scaled Net Operating Assets of 0.53. The current Scaled Net Operating Assets is 0.53. TAAT Global Alternatives' overall GF Score™ is 10/100. 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 TAAT Global Alternatives (TOBAF), the current Scaled Net Operating Assets is 0.53 as of Jul. 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.

TAAT Global Alternatives Business Description

Address 1075 West Georgia Street, Suite 1890, Vancouver, BC, CAN, V6E 3C9
TAAT Global Alternatives Inc is a Canada-based company, which develops, manufactures, and distributes alternative product categories such as tobacco, hemp, and other emerging CPG segments. The company has two reportable segments, the sale of non-tobacco and tobacco products. It generates the majority of its revenue from the tobacco products segment.
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