GURUFOCUS.COM » STOCK LIST » Technology » Software » Clip Money Inc (TSXV:CLIP) » Definitions » Scaled Net Operating Assets

Clip Money (TSXV:CLIP) Scaled Net Operating Assets : 0.63 (As of Sep. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Clip Money 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.

Clip Money's operating assets for the quarter that ended in Sep. 2024 was C$9.69 Mil. Clip Money's operating liabilities for the quarter that ended in Sep. 2024 was C$1.64 Mil. Clip Money's Total Assets for the quarter that ended in Jun. 2024 was C$12.78 Mil. Therefore, Clip Money's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.63.


Clip Money Scaled Net Operating Assets Historical Data

The historical data trend for Clip Money'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.

Clip Money Scaled Net Operating Assets Chart

Clip Money Annual Data
Trend Dec21 Dec22 Dec23
Scaled Net Operating Assets
0.71 0.93 0.65

Clip Money Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.70 0.42 0.42 0.52 0.63

Competitive Comparison of Clip Money's Scaled Net Operating Assets

For the Software - Infrastructure subindustry, Clip Money'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.


Clip Money's Scaled Net Operating Assets Distribution in the Software Industry

For the Software industry and Technology sector, Clip Money's Scaled Net Operating Assets distribution charts can be found below:

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


;
;

Clip Money 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.

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

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(10.346-1.614)/13.392
=0.65

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=18.597 - 8.251
=10.346

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=17.458 - 14.174 - 1.67
=1.614

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

Scaled Net Operating Assets (SNOA)(Q: Sep. 2024 )
=(Operating Assets (Q: Sep. 2024 )-Operating Liabilities (Q: Sep. 2024 ))/Total Assets (Q: Jun. 2024 )
=(9.693-1.641)/12.784
=0.63

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=14.349 - 4.656
=9.693

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=22.473 - 18.94 - 1.892
=1.641

* 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.


Clip Money Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of Clip Money's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Clip Money Business Description

Industry
Traded in Other Exchanges
Address
96 Riverdale Avenue, Ottawa, ON, CAN, K1S 1R2
Clip Money Inc is a Canadian-based principally in the business of providing a proprietary deposit network to businesses and financial institutions located across North America. network of ClipDrop safes located in malls, box stores, and grocery chains, Clip improves the business deposit experience through transformational digital and mobile-enabled services. The Company has one operating segment, which is providing a proprietary deposit network to businesses located across North America. The company combines functional hardware, an intuitive mobile app, and an innovative cloud-based transaction engine that maximizes business banking transactions. Clip also facilitates mobile change orders, which are fully insured and shipped within one to two business days.
Executives
Andrew Tussing Senior Officer
Daren Trousdell 10% Security Holder
Koat Holdings Llc 10% Security Holder

Clip Money Headlines