Utility (TSX:UTC.C) Scaled Net Operating Assets: 0.99 (As of Nov. 2017)


What is Utility Scaled Net Operating Assets?

Utility TSX:UTC.C Scaled Net Operating Assets is 0.99 as of Nov. 2017.

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

Utility's operating assets for the quarter that ended in Nov. 2017 was C$56.43 Mil. Utility's operating liabilities for the quarter that ended in Nov. 2017 was C$0.27 Mil. Utility's Total Assets for the quarter that ended in May. 2017 was C$56.53 Mil. Therefore, Utility's scaled net operating assets (SNOA) for the quarter that ended in Nov. 2017 was 0.99.

Utility Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Utility'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.

Utility Scaled Net Operating Assets Chart

Utility Annual Data
Trend May08 May09 May10 May11 May12 May13 May14 May15 May16 May17
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.22 0.96 0.00 0.00 0.00

Utility Semi-Annual Data
May08 Nov08 May09 Nov09 May10 Nov10 May11 Nov11 May12 Nov12 May13 Nov13 May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17
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 0.86 0.00 -0.00 0.00 0.99

TSX:UTC.C vs PHCF: Scaled Net Operating Assets Comparison

For the Asset Management subindustry, Utility'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.

Utility Scaled Net Operating Assets vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Utility's Scaled Net Operating Assets distribution charts can be found below:

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


Utility 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.

Utility's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in May. 2017 is calculated as

Scaled Net Operating Assets (SNOA)(A: May. 2017 )
=(Operating Assets (A: May. 2017 )-Operating Liabilities (A: May. 2017 ))/Total Assets (A: May. 2016 )
=(0.157-0.016999999999999)/53.856
=0.00

where

Operating Assets(A: May. 2017 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=56.531 - 56.374
=0.157

Operating Liabilities(A: May. 2017 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=8.526 - 0 - 8.509
=0.016999999999999

Utility's Scaled Net Operating Assets (SNOA) for the quarter that ended in Nov. 2017 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Nov. 2017 )
=(Operating Assets (Q: Nov. 2017 )-Operating Liabilities (Q: Nov. 2017 ))/Total Assets (Q: May. 2017 )
=(56.429-0.269)/56.531
=0.99

where

Operating Assets(Q: Nov. 2017 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=56.714 - 0.285
=56.429

Operating Liabilities(Q: Nov. 2017 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=8.776 - 0 - 8.507
=0.269

* 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 0.99 mean?
Utility (TSX:UTC.C) has a Scaled Net Operating Assets of 0.99 as of Nov. 2017. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Utility and its competitors.
Is Utility's Scaled Net Operating Assets too high?
Utility's current Scaled Net Operating Assets is 0.99.
How does Utility's Scaled Net Operating Assets compare to PHCF?
Utility's Scaled Net Operating Assets of 0.99 can be compared against companies in the Asset Management 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 an Asset Management company?
A good Scaled Net Operating Assets depends on the Asset Management 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 Utility and its competitors. Utility's current Scaled Net Operating Assets is 0.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Utility stock overvalued right now?
Utility (TSX:UTC.C) has a current Scaled Net Operating Assets of 0.99. The current Scaled Net Operating Assets is 0.99. 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 Utility (TSX:UTC.C), the current Scaled Net Operating Assets is 0.99 as of Nov. 2017. 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.

Utility Business Description

Address 40 King Street West, P.O. Box 4085, Scotia Plaza, 26th Floor, Toronto, ON, CAN, M5W 2X6
Utility Corp is a mutual fund corporation. The company holds a diversified investment portfolio (the Portfolio) of common shares (the Portfolio Shares) of selected Canadian electrical, power and utility and telecommunication companies in order to provide investors (the Shareholders) with a stable monthly dividend stream and capital appreciation potential.