Quipt Home Medical (TSX:QIPT) Scaled Net Operating Assets : 0.79 (As of Jun. 2024)

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What is Quipt Home Medical 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.

Quipt Home Medical's operating assets for the quarter that ended in Jun. 2024 was C$322.6 Mil. Quipt Home Medical's operating liabilities for the quarter that ended in Jun. 2024 was C$57.5 Mil. Quipt Home Medical's Total Assets for the quarter that ended in Mar. 2024 was C$336.5 Mil. Therefore, Quipt Home Medical's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2024 was 0.79.

Quipt Home Medical Scaled Net Operating Assets Historical Data

The historical data trend for Quipt Home Medical'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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Quipt Home Medical Scaled Net Operating Assets Chart

Quipt Home Medical Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Scaled Net Operating Assets

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0.61

0.53

0.68

0.95

1.47

Quipt Home Medical Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Scaled Net Operating Assets	Get a 7-Day Free Trial															0.81	0.81	0.75	0.80	0.79

Competitive Comparison of Quipt Home Medical's Scaled Net Operating Assets

For the Medical Devices subindustry, Quipt Home Medical'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.

Quipt Home Medical's Scaled Net Operating Assets Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Quipt Home Medical's Scaled Net Operating Assets distribution charts can be found below:

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

Quipt Home Medical 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.

Quipt Home Medical'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 )
=	(311.483	-	51.864)	/	176.36
=	1.47

where

	Operating Assets		(A: Sep. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	334.768	-	23.285
=	311.483

	Operating Liabilities		(A: Sep. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	184.418	-	101.99	-	30.564
=	51.864

Quipt Home Medical'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 )
=	(322.59	-	57.515)	/	336.524
=	0.79

where

	Operating Assets		(Q: Jun. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	342.329	-	19.739
=	322.59

	Operating Liabilities		(Q: Jun. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	191.847	-	99.482	-	34.85
=	57.515

Quipt Home Medical Scaled Net Operating Assets Related Terms

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Quipt Home Medical Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Quipt Home Medical Corp (TSX:QIPT) » Definitions » Scaled Net Operating Assets

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Traded in Other Exchanges

QIPT:USA

Address

1019 Town Drive, Wilder, KY, USA, 41076

Website

https://www.quipthomemedical.com

Quipt Home Medical Corp provides in-home monitoring equipment, supplies, and services to patients. The company's services consist of Daily and Ambulatory Aides, Power Mobility, INR Self-Testing, Respiratory Equipment Rental, Home ventilation, Oxygen Therapy, and Sleep Apnea and PAP Treatment.

Executives

Mark Alan Greenberg

Director