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Electrovaya (TSX:ELVA) Scaled Net Operating Assets : 0.75 (As of Jun. 2024)


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What is Electrovaya 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.

Electrovaya's operating assets for the quarter that ended in Jun. 2024 was C$51.09 Mil. Electrovaya's operating liabilities for the quarter that ended in Jun. 2024 was C$13.17 Mil. Electrovaya's Total Assets for the quarter that ended in Mar. 2024 was C$50.87 Mil. Therefore, Electrovaya's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2024 was 0.75.


Electrovaya Scaled Net Operating Assets Historical Data

The historical data trend for Electrovaya'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.

* Premium members only.

Electrovaya Scaled Net Operating Assets Chart

Electrovaya Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.11 1.42 0.51 1.11 1.15

Electrovaya Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24 Jun24
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 1.17 0.82 0.76 0.75 0.75

Competitive Comparison of Electrovaya's Scaled Net Operating Assets

For the Electrical Equipment & Parts subindustry, Electrovaya'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.


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

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

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



Electrovaya 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.

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

Scaled Net Operating Assets (SNOA)(A: Sep. 2023 )
=(Operating Assets (A: Sep. 2023 )-Operating Liabilities (A: Sep. 2023 ))/Total Assets (A: Sep. 2022 )
=(48.011-13.987)/29.598
=1.15

where

Operating Assets(A: Sep. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=49.407 - 1.396
=48.011

Operating Liabilities(A: Sep. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=39.738 - 3.164 - 22.587
=13.987

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

Scaled Net Operating Assets (SNOA)(Q: Jun. 2024 )
=(Operating Assets (Q: Jun. 2024 )-Operating Liabilities (Q: Jun. 2024 ))/Total Assets (Q: Mar. 2024 )
=(51.087-13.173)/50.868
=0.75

where

Operating Assets(Q: Jun. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=51.819 - 0.732
=51.087

Operating Liabilities(Q: Jun. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=41.375 - 2.701 - 25.501
=13.173

* 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.


Electrovaya Scaled Net Operating Assets Related Terms

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Electrovaya Business Description

Traded in Other Exchanges
Address
6688 Kitimat Road, Mississauga, ON, CAN, L5N 1P8
Electrovaya Inc designs develop and manufacture proprietary lithium-ion batteries, battery systems, and battery-related products for energy storage, clean electric transportation and other specialized applications. It is a technology-focused company with extensive IP. The company generates revenue from the sale of batteries and battery systems. Business operations are segmented based on large format batteries and others. This technology offers enhanced safety and industry leading battery longevity. Geographically it earns key revenue from the United States.
Executives
Raj Dasgupta Senior Officer
Francis John Gibson Senior Officer
Alexander Mclean Director
Bejoy Das Gupta Director