Titan Logix (Titan Logix) Scaled Net Operating Assets : 0.29 (As of Feb. 2024)

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What is Titan Logix 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.

Titan Logix's operating assets for the quarter that ended in Feb. 2024 was $4.23 Mil. Titan Logix's operating liabilities for the quarter that ended in Feb. 2024 was $0.51 Mil. Titan Logix's Total Assets for the quarter that ended in Nov. 2023 was $12.98 Mil. Therefore, Titan Logix's scaled net operating assets (SNOA) for the quarter that ended in Feb. 2024 was 0.29.

Titan Logix Scaled Net Operating Assets Historical Data

The historical data trend for Titan Logix'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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Titan Logix Scaled Net Operating Assets Chart

Titan Logix Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Scaled Net Operating Assets

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0.40

0.39

0.36

0.16

0.27

Titan Logix Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Scaled Net Operating Assets	Get a 7-Day Free Trial															0.25	0.24	0.28	0.26	0.29

Competitive Comparison of Titan Logix's Scaled Net Operating Assets

For the Specialty Industrial Machinery subindustry, Titan Logix'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.

Titan Logix's Scaled Net Operating Assets Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Titan Logix's Scaled Net Operating Assets distribution charts can be found below:

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

Titan Logix 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.

Titan Logix's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Aug. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Aug. 2023 )
=	(Operating Assets (A: Aug. 2023 )	-	Operating Liabilities (A: Aug. 2023 ))	/	Total Assets (A: Aug. 2022 )
=	(4.149	-	0.515)	/	13.547
=	0.27

where

	Operating Assets		(A: Aug. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	13.613	-	9.464
=	4.149

	Operating Liabilities		(A: Aug. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	1.091	-	0.505	-	0.071
=	0.515

Titan Logix's Scaled Net Operating Assets (SNOA) for the quarter that ended in Feb. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Feb. 2024 )
=	(Operating Assets (Q: Feb. 2024 )	-	Operating Liabilities (Q: Feb. 2024 ))	/	Total Assets (Q: Nov. 2023 )
=	(4.225	-	0.505)	/	12.979
=	0.29

where

	Operating Assets		(Q: Feb. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	13.496	-	9.271
=	4.225

	Operating Liabilities		(Q: Feb. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	1.089	-	0.502	-	0.082
=	0.505

Titan Logix Scaled Net Operating Assets Related Terms

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Titan Logix (Titan Logix) Business Description

Industry

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TLA:Canada

Address

4130 - 93rd Street, Edmonton, AB, CAN, T6E 5P5

Website

https://www.titanlogix.com

Titan Logix Corp designs and manufactures mobile liquid measurement solutions to help businesses reduce risk and maximize efficiencies in bulk liquid transportation. Titan's TD Series of tank-level monitors are known for their high level of accuracy, rugged design, and solid-state reliability. The solutions are designed for hazardous and non-hazardous applications and serve customers in a wide range of applications including petroleum, environmental solutions, chemical and agriculture. The company predominantly operates in two geographic regions that is Canada and the United States. It derives majority of its revenue from its business in the United States.