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Firan Technology Group (TSX:FTG) Scaled Net Operating Assets : 0.74 (As of Aug. 2024)


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What is Firan Technology Group 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.

Firan Technology Group's operating assets for the quarter that ended in Aug. 2024 was C$119.8 Mil. Firan Technology Group's operating liabilities for the quarter that ended in Aug. 2024 was C$26.3 Mil. Firan Technology Group's Total Assets for the quarter that ended in May. 2024 was C$126.5 Mil. Therefore, Firan Technology Group's scaled net operating assets (SNOA) for the quarter that ended in Aug. 2024 was 0.74.


Firan Technology Group Scaled Net Operating Assets Historical Data

The historical data trend for Firan Technology Group'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.

Firan Technology Group Scaled Net Operating Assets Chart

Firan Technology Group Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.64 0.70 0.51 0.59 1.06

Firan Technology Group Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 0.75 0.73 0.74 0.77 0.74

Competitive Comparison of Firan Technology Group's Scaled Net Operating Assets

For the Aerospace & Defense subindustry, Firan Technology Group'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.


Firan Technology Group's Scaled Net Operating Assets Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Firan Technology Group's Scaled Net Operating Assets distribution charts can be found below:

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



Firan Technology Group 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.

Firan Technology Group's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Nov. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Nov. 2023 )
=(Operating Assets (A: Nov. 2023 )-Operating Liabilities (A: Nov. 2023 ))/Total Assets (A: Nov. 2022 )
=(119.091-30.206)/83.746
=1.06

where

Operating Assets(A: Nov. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=125.707 - 6.616
=119.091

Operating Liabilities(A: Nov. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=65.384 - 30.153 - 5.025
=30.206

Firan Technology Group's Scaled Net Operating Assets (SNOA) for the quarter that ended in Aug. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Aug. 2024 )
=(Operating Assets (Q: Aug. 2024 )-Operating Liabilities (Q: Aug. 2024 ))/Total Assets (Q: May. 2024 )
=(119.822-26.335)/126.512
=0.74

where

Operating Assets(Q: Aug. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=128.18 - 8.358
=119.822

Operating Liabilities(Q: Aug. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=60.079 - 29.061 - 4.683
=26.335

* 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.


Firan Technology Group Scaled Net Operating Assets Related Terms

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Firan Technology Group Business Description

Traded in Other Exchanges
Address
250 Finchdene Square, Toronto, ON, CAN, M1X 1A5
Firan Technology Group Corp is a supplier of aerospace and defense electronic products and subsystems. It has two operating segments namely FTG Circuits and FTG Aerospace. FTG Circuits manufactures printed circuit boards within the marketplace globally. FTG Aerospace designs and manufactures illuminated cockpit panels, keyboards, bezels, sub-assemblies, and assemblies for original equipment manufacturers of avionics products and for airframe manufacturers. The company operates in Canada, the United States, Asia, and Europe. The majority of revenue is derived from the FTG Circuits segment.
Executives
Amy Rice Director
Bradley Collier Bourne Senior Officer
James Crichton Senior Officer
Firan Technology Group Corporation Issuer
Austin Cecil Beutel 10% Security Holder
Hiteshkumar Talati Senior Officer
Peter Dimopoulos Senior Officer
Melinda Diebel Senior Officer

Firan Technology Group Headlines

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