Lite Access Technologies (TSXV:LTE) Scaled Net Operating Assets : -0.08 (As of Dec. 2023)

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What is Lite Access Technologies 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.

Lite Access Technologies's operating assets for the quarter that ended in Dec. 2023 was C$2.32 Mil. Lite Access Technologies's operating liabilities for the quarter that ended in Dec. 2023 was C$2.56 Mil. Lite Access Technologies's Total Assets for the quarter that ended in Sep. 2023 was C$2.85 Mil. Therefore, Lite Access Technologies's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was -0.08.

Lite Access Technologies Scaled Net Operating Assets Historical Data

The historical data trend for Lite Access Technologies'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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Lite Access Technologies Scaled Net Operating Assets Chart

Lite Access Technologies Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Scaled Net Operating Assets

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0.40

-0.25

0.29

0.13

Lite Access Technologies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Scaled Net Operating Assets	Get a 7-Day Free Trial															0.13	0.21	0.11	-	-0.08

Competitive Comparison of Lite Access Technologies's Scaled Net Operating Assets

For the Communication Equipment subindustry, Lite Access Technologies'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.

Lite Access Technologies's Scaled Net Operating Assets Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Lite Access Technologies's Scaled Net Operating Assets distribution charts can be found below:

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

Lite Access Technologies 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.

Lite Access Technologies'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 )
=	(2.291	-	2.283)	/	3.61
=	0.00

where

	Operating Assets		(A: Sep. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	2.853	-	0.562
=	2.291

	Operating Liabilities		(A: Sep. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	3.022	-	0.66	-	0.079
=	2.283

Lite Access Technologies's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Dec. 2023 )
=	(Operating Assets (Q: Dec. 2023 )	-	Operating Liabilities (Q: Dec. 2023 ))	/	Total Assets (Q: Sep. 2023 )
=	(2.316	-	2.555)	/	2.853
=	-0.08

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	2.871	-	0.555
=	2.316

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	3.277	-	0.151	-	0.571
=	2.555

Lite Access Technologies Scaled Net Operating Assets Related Terms

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Lite Access Technologies (TSXV:LTE) Business Description

Industry

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Address

110 – 6039 196 Street, Surrey, BC, CAN, V3S 7X4

Website

https://www.liteaccess.com

Lite Access Technologies Inc is a manufacturer, distributor, and installer of fibre optic technology, specializing in micro ducts and air-blown fibre. The company also provides construction options for the deployment of the fibre optic. The business of the company operates in three reporting segments: Product sales, Fibre optic installations and concrete cutting. Fibre optic installations account for the majority of revenue. Its geographical segments are Canada, the United States, the United Kingdom, and others, of which the majority of its revenue comes from Canada.

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