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Smartset Services (TSXV:SMAR.P) Scaled Net Operating Assets : 0.04 (As of Sep. 2024)


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What is Smartset Services 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.

Smartset Services's operating assets for the quarter that ended in Sep. 2024 was C$0.01 Mil. Smartset Services's operating liabilities for the quarter that ended in Sep. 2024 was C$0.00 Mil. Smartset Services's Total Assets for the quarter that ended in Mar. 2024 was C$0.27 Mil. Therefore, Smartset Services's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.04.


Smartset Services Scaled Net Operating Assets Historical Data

The historical data trend for Smartset Services'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.

Smartset Services Scaled Net Operating Assets Chart

Smartset Services Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Scaled Net Operating Assets
Get a 7-Day Free Trial - -0.16 0.28 -0.04 0.03

Smartset Services Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.01 -0.15 -0.01 0.02 0.04

Competitive Comparison of Smartset Services's Scaled Net Operating Assets

For the Shell Companies subindustry, Smartset Services'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.


Smartset Services's Scaled Net Operating Assets Distribution in the Diversified Financial Services Industry

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

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



Smartset Services 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.

Smartset Services's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2024 )
=(Operating Assets (A: Mar. 2024 )-Operating Liabilities (A: Mar. 2024 ))/Total Assets (A: Mar. 2023 )
=(0.005-0)/0.197
=0.03

where

Operating Assets(A: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.271 - 0.266
=0.005

Smartset Services'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: Mar. 2024 )
=(0.012-0)/0.271
=0.04

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.343 - 0.331
=0.012

* 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.


Smartset Services Scaled Net Operating Assets Related Terms

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Smartset Services Business Description

Traded in Other Exchanges
N/A
Address
1055 West Georgia Street, Suite 1500, Royal Centre, Vancouver, BC, CAN, V6E 4N7
Website
Smartset Services Inc is a capital pool company.

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