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Plantify Foods (TSXV:PTFY) Scaled Net Operating Assets : -0.36 (As of Sep. 2024)


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What is Plantify Foods 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.

Plantify Foods's operating assets for the quarter that ended in Sep. 2024 was C$0.52 Mil. Plantify Foods's operating liabilities for the quarter that ended in Sep. 2024 was C$1.43 Mil. Plantify Foods's Total Assets for the quarter that ended in Jun. 2024 was C$2.52 Mil. Therefore, Plantify Foods's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was -0.36.


Plantify Foods Scaled Net Operating Assets Historical Data

The historical data trend for Plantify Foods'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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Plantify Foods Scaled Net Operating Assets Chart

Plantify Foods Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
0.46 0.13 0.58 0.76

Plantify Foods Quarterly Data
Dec20 Mar21 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 Premium Member Only Premium Member Only 0.29 0.39 0.53 0.33 -0.36

Competitive Comparison of Plantify Foods's Scaled Net Operating Assets

For the Farm Products subindustry, Plantify Foods'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.


Plantify Foods's Scaled Net Operating Assets Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Plantify Foods's Scaled Net Operating Assets distribution charts can be found below:

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


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Plantify Foods 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.

Plantify Foods'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 )
=(2.855-0.912)/2.572
=0.76

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3.202 - 0.347
=2.855

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4.116 - 1.307 - 1.897
=0.912

Plantify Foods'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 )
=(0.518-1.434)/2.523
=-0.36

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.559 - 0.041
=0.518

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5.357 - 1.081 - 2.842
=1.434

* 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.


Plantify Foods Scaled Net Operating Assets Related Terms

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Plantify Foods Business Description

Traded in Other Exchanges
N/A
Address
2264 E 11th Avenue, Vancouver, BC, CAN, V5N 1Z6
Plantify Foods Inc is engaged in the development, production, and sales of plant-based foods out of its subsidiary's factory located in Kibbutz Gonen. Its geographic regions are Israel, Europe, and the United States. Its products are Dips, Spreads & Salads, Stews, Veggie Nuggets & Balls, Soups, and White Label.

Plantify Foods Headlines

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