USLG (US Lighting Group) Scaled Net Operating Assets: 0.24 (As of Sep. 2024)

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USLG US Lighting Group Inc USLG
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What is US Lighting Group Scaled Net Operating Assets?

US Lighting Group USLG 12 Scaled Net Operating Assets is 0.24 as of Sep. 2024. GuruFocus rates USLG with a GF Score™ of 12/100.

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

US Lighting Group's operating assets for the quarter that ended in Sep. 2024 was $3.04 Mil. US Lighting Group's operating liabilities for the quarter that ended in Sep. 2024 was $2.32 Mil. US Lighting Group's Total Assets for the quarter that ended in Jun. 2024 was $3.00 Mil. Therefore, US Lighting Group's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.24.


US Lighting Group Scaled Net Operating Assets Historical Data

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The historical data trend for US Lighting Group'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.

US Lighting Group Scaled Net Operating Assets Chart

US Lighting Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only -0.02 2.04 0.55 0.44 0.54

US Lighting Group 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 0.55 0.49 0.38 0.28 0.24

USLG vs THO, BC, HOG: Scaled Net Operating Assets Comparison

For the Recreational Vehicles subindustry, US Lighting Group'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.


US Lighting Group Scaled Net Operating Assets vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, US Lighting Group's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where US Lighting Group's Scaled Net Operating Assets falls into.


USLG
12GF Score
US Lighting Group Inc USLG
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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US Lighting Group 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.

US Lighting Group'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 )
=(3.07-1.592)/2.716
=0.54

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3.07 - 0
=3.07

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=7.719 - 5.841 - 0.286
=1.592

US Lighting Group'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 )
=(3.04-2.321)/3.002
=0.24

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3.043 - 0.003
=3.04

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=8.875 - 5.369 - 1.185
=2.321

* 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 0.24 mean?
US Lighting Group (USLG) has a Scaled Net Operating Assets of 0.24 as of Sep. 2024. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on US Lighting Group and its competitors.
Is US Lighting Group's Scaled Net Operating Assets too high?
US Lighting Group's current Scaled Net Operating Assets is 0.24. Overall, US Lighting Group has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does US Lighting Group's Scaled Net Operating Assets compare to THO and BC?
US Lighting Group's Scaled Net Operating Assets of 0.24 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Scaled Net Operating Assets depends on the Vehicles & Parts 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 US Lighting Group and its competitors. US Lighting Group's current Scaled Net Operating Assets is 0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is US Lighting Group stock overvalued right now?
US Lighting Group (USLG) has a current Scaled Net Operating Assets of 0.24. The current Scaled Net Operating Assets is 0.24. US Lighting Group's overall GF Score™ is 12/100. 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 US Lighting Group (USLG), the current Scaled Net Operating Assets is 0.24 as of Sep. 2024. 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.

US Lighting Group Business Description

Address 1148 East 222nd Street, Euclid, OH, USA, 44117
US Lighting Group Inc is a manufacturer of recreational vehicles utilizing the highest quality marine materials to create lighter-weight, stronger, and more durable RV travel trailers and campers. It consists of four subsidiaries: Cortes Campers, LLC, a brand of high-end molded fiberglass campers, Futuro Houses, LLC, focused on the design and sales of molded fiberglass homes, Fusion X Marine, LLC, a high-performance boat designer, and MIGMarine Corporation, a composite manufacturing company that produces proprietary molded fiberglass products for other business lines. The company formed Cortes Campers to operate a new brand of inventive travel trailers.
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