Tinkerine Studios (TSXV:TTD.H) Scaled Net Operating Assets: 0.09 (As of Sep. 2023)


What is Tinkerine Studios Scaled Net Operating Assets?

Tinkerine Studios TSXV:TTD.H Scaled Net Operating Assets is 0.09 as of Sep. 2023.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Tinkerine Studios's operating assets for the quarter that ended in Sep. 2023 was C$0.48 Mil. Tinkerine Studios's operating liabilities for the quarter that ended in Sep. 2023 was C$0.45 Mil. Tinkerine Studios's Total Assets for the quarter that ended in Jun. 2023 was C$0.41 Mil. Therefore, Tinkerine Studios's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2023 was 0.09.

Tinkerine Studios Scaled Net Operating Assets Historical Data

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The historical data trend for Tinkerine Studios'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.

Tinkerine Studios Scaled Net Operating Assets Chart

Tinkerine Studios Annual Data
Trend Oct13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.49 -1.25 -0.19 -1.67 -3.55

Tinkerine Studios Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -3.32 -2.87 -5.43 0.11 0.09

TSXV:TTD.H vs ITOX, DPSM: Scaled Net Operating Assets Comparison

For the Computer Hardware subindustry, Tinkerine Studios'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.

Tinkerine Studios Scaled Net Operating Assets vs Hardware Industry

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

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


Tinkerine Studios 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.

Tinkerine Studios's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2022 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2022 )
=(Operating Assets (A: Dec. 2022 )-Operating Liabilities (A: Dec. 2022 ))/Total Assets (A: Dec. 2021 )
=(0.163-0.763)/0.169
=-3.55

where

Operating Assets(A: Dec. 2022 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.194 - 0.031
=0.163

Operating Liabilities(A: Dec. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.492 - 0 - 0.729
=0.763

Tinkerine Studios's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2023 )
=(Operating Assets (Q: Sep. 2023 )-Operating Liabilities (Q: Sep. 2023 ))/Total Assets (Q: Jun. 2023 )
=(0.483-0.448)/0.407
=0.09

where

Operating Assets(Q: Sep. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.483 - 0
=0.483

Operating Liabilities(Q: Sep. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.822 - 1.082 - 0.292
=0.448

* 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.

What does a Scaled Net Operating Assets of 0.09 mean?
Tinkerine Studios (TSXV:TTD.H) has a Scaled Net Operating Assets of 0.09 as of Sep. 2023. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Tinkerine Studios and its competitors.
Is Tinkerine Studios' Scaled Net Operating Assets too high?
Tinkerine Studios' current Scaled Net Operating Assets is 0.09.
How does Tinkerine Studios' Scaled Net Operating Assets compare to ITOX and DPSM?
Tinkerine Studios' Scaled Net Operating Assets of 0.09 can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Hardware company?
A good Scaled Net Operating Assets depends on the Hardware industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Tinkerine Studios and its competitors. Tinkerine Studios's current Scaled Net Operating Assets is 0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tinkerine Studios stock overvalued right now?
Tinkerine Studios (TSXV:TTD.H) has a current Scaled Net Operating Assets of 0.09. The current Scaled Net Operating Assets is 0.09. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Tinkerine Studios (TSXV:TTD.H), the current Scaled Net Operating Assets is 0.09 as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Tinkerine Studios Business Description

Address 8275 92nd Street, Unit 213A, Delta, BC, CAN, V4G 0A4
Tinkerine Studios Ltd is engaged in designing, manufacturing, and distributing 3D printers, software, and related online educational content. Some of its products include DittoPro 3D Printer, Premium PLA Filament, Tinkerine Suite, and 3D Printing Accessories. Its geographical segments are Canada and the United States.