Shiny Health & Wellness (TSXV:SNYB) Scaled Net Operating Assets : 0.29 (As of Oct. 2023)

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What is Shiny Health & Wellness 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.

Shiny Health & Wellness's operating assets for the quarter that ended in Oct. 2023 was C$11.01 Mil. Shiny Health & Wellness's operating liabilities for the quarter that ended in Oct. 2023 was C$5.24 Mil. Shiny Health & Wellness's Total Assets for the quarter that ended in Jul. 2023 was C$19.94 Mil. Therefore, Shiny Health & Wellness's scaled net operating assets (SNOA) for the quarter that ended in Oct. 2023 was 0.29.

Shiny Health & Wellness Scaled Net Operating Assets Historical Data

The historical data trend for Shiny Health & Wellness'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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Shiny Health & Wellness Scaled Net Operating Assets Chart

Shiny Health & Wellness Annual Data

Trend

Jan22

Jan23

Scaled Net Operating Assets

0.68

0.51

Shiny Health & Wellness Quarterly Data
	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Scaled Net Operating Assets	Get a 7-Day Free Trial						0.80	0.62	0.77	0.64	0.29

Competitive Comparison of Shiny Health & Wellness's Scaled Net Operating Assets

For the Pharmaceutical Retailers subindustry, Shiny Health & Wellness'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.

Shiny Health & Wellness's Scaled Net Operating Assets Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Shiny Health & Wellness's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Shiny Health & Wellness's Scaled Net Operating Assets falls into.

Shiny Health & Wellness 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.

Shiny Health & Wellness's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jan. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Jan. 2023 )
=	(Operating Assets (A: Jan. 2023 )	-	Operating Liabilities (A: Jan. 2023 ))	/	Total Assets (A: Jan. 2022 )
=	(21.91	-	3.624)	/	35.578
=	0.51

where

	Operating Assets		(A: Jan. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	22.646	-	0.736
=	21.91

	Operating Liabilities		(A: Jan. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	19.638	-	10.817	-	5.197
=	3.624

Shiny Health & Wellness's Scaled Net Operating Assets (SNOA) for the quarter that ended in Oct. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Oct. 2023 )
=	(Operating Assets (Q: Oct. 2023 )	-	Operating Liabilities (Q: Oct. 2023 ))	/	Total Assets (Q: Jul. 2023 )
=	(11.014	-	5.243)	/	19.939
=	0.29

where

	Operating Assets		(Q: Oct. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	11.254	-	0.24
=	11.014

	Operating Liabilities		(Q: Oct. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	16.339	-	6.002	-	5.094
=	5.243

Shiny Health & Wellness Scaled Net Operating Assets Related Terms

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Shiny Health & Wellness (TSXV:SNYB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Shiny Health & Wellness Corp (TSXV:SNYB) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

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Address

22 Frederick Street, Suite 700, Kitchener, ON, CAN, N2H 6M6

Website

https://www.shinybud.com

Shiny Health & Wellness Corp is on a mission to help people never settle, live fully by being a trusted source for health and wellness solutions and services. The company broadened its retail growth strategy beyond adult-use cannabis by establishing mihi Health & Wellness, a new line of business focused on building a network of community pharmacies across Ontario. It also operates ShinyBud Cannabis Co., a well-established brand in Ontario strategically located in markets less saturated with cannabis retailers.

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