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Tornado Global Hydrovacs (TSXV:TGH) Scaled Net Operating Assets : 0.60 (As of Sep. 2024)


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What is Tornado Global Hydrovacs 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.

Tornado Global Hydrovacs's operating assets for the quarter that ended in Sep. 2024 was C$56.1 Mil. Tornado Global Hydrovacs's operating liabilities for the quarter that ended in Sep. 2024 was C$21.2 Mil. Tornado Global Hydrovacs's Total Assets for the quarter that ended in Jun. 2024 was C$57.9 Mil. Therefore, Tornado Global Hydrovacs's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.60.


Tornado Global Hydrovacs Scaled Net Operating Assets Historical Data

The historical data trend for Tornado Global Hydrovacs'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.

Tornado Global Hydrovacs Scaled Net Operating Assets Chart

Tornado Global Hydrovacs Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only 0.56 0.89 0.62 0.90 0.69

Tornado Global Hydrovacs Quarterly Data
Dec19 Mar20 Jun20 Sep20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.61 0.59 0.55 0.61 0.60

Competitive Comparison of Tornado Global Hydrovacs's Scaled Net Operating Assets

For the Farm & Heavy Construction Machinery subindustry, Tornado Global Hydrovacs'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.


Tornado Global Hydrovacs's Scaled Net Operating Assets Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Tornado Global Hydrovacs's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Tornado Global Hydrovacs's Scaled Net Operating Assets falls into.



Tornado Global Hydrovacs 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.

Tornado Global Hydrovacs'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 )
=(42.799-14.946)/40.505
=0.69

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=47.202 - 4.403
=42.799

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=22.86 - 4.553 - 3.361
=14.946

Tornado Global Hydrovacs'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 )
=(56.123-21.192)/57.872
=0.60

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=59.091 - 2.968
=56.123

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=26.694 - 5.059 - 0.443
=21.192

* 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.


Tornado Global Hydrovacs Scaled Net Operating Assets Related Terms

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Tornado Global Hydrovacs Business Description

Traded in Other Exchanges
Address
7015 MacLeod Trail South West, Suite 510, Calgary, AB, CAN, T2H 2K6
Tornado Global Hydrovacs Ltd is a truck manufacturer. The company, through its subsidiaries, designs, fabricates, manufactures, and sells hydro vac trucks to excavation service providers in the municipal and oil and gas markets in North America and has expanded into China. It has two geographic operating segments, North American manufacturing and sales operations, and its China operation. The majority of its revenue is derived from the North American manufacturing segment.
Executives
Alastair James Robertson Senior Officer
George Tai Director

Tornado Global Hydrovacs Headlines