UTX (Ultratrex) Scaled Net Operating Assets: 0.75 (As of Dec. 2024)

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What is Ultratrex Scaled Net Operating Assets?

Ultratrex UTX Scaled Net Operating Assets is 0.75 as of Dec. 2024.

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

Ultratrex's operating assets for the quarter that ended in Dec. 2024 was $20.74 Mil. Ultratrex's operating liabilities for the quarter that ended in Dec. 2024 was $7.16 Mil. Ultratrex's Total Assets for the quarter that ended in Jun. 2024 was $18.19 Mil. Therefore, Ultratrex's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2024 was 0.75.

Ultratrex Scaled Net Operating Assets Historical Data

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The historical data trend for Ultratrex'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.

Ultratrex Scaled Net Operating Assets Chart

Ultratrex Annual Data
Trend Jun23 Jun24
Scaled Net Operating Assets
0.64 0.82

Ultratrex Semi-Annual Data
Jun23 Dec23 Jun24 Dec24
Scaled Net Operating Assets 0.64 0.00 0.00 0.75

UTX vs : Scaled Net Operating Assets Comparison

For the Farm & Heavy Construction Machinery subindustry, Ultratrex'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.

Ultratrex Scaled Net Operating Assets vs Farm & Heavy Construction Machinery Industry

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

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


Ultratrex 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.

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

Scaled Net Operating Assets (SNOA)(A: Jun. 2024 )
=(Operating Assets (A: Jun. 2024 )-Operating Liabilities (A: Jun. 2024 ))/Total Assets (A: Jun. 2023 )
=(16.279-4.989)/13.838
=0.82

where

Operating Assets(A: Jun. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=18.191 - 1.912
=16.279

Operating Liabilities(A: Jun. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=7.902 - 1.485 - 1.428
=4.989

Ultratrex's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2024 )
=(Operating Assets (Q: Dec. 2024 )-Operating Liabilities (Q: Dec. 2024 ))/Total Assets (Q: Jun. 2024 )
=(20.735-7.163)/18.191
=0.75

where

Operating Assets(Q: Dec. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=22.011 - 1.276
=20.735

Operating Liabilities(Q: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=10.404 - 1.415 - 1.826
=7.163

* 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 0.75 mean?
Ultratrex (UTX) has a Scaled Net Operating Assets of 0.75 as of Dec. 2024. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Ultratrex and its competitors.
Is Ultratrex's Scaled Net Operating Assets too high?
Ultratrex's current Scaled Net Operating Assets is 0.75.
How does Ultratrex's Scaled Net Operating Assets compare to ?
Ultratrex's Scaled Net Operating Assets of 0.75 can be compared against companies in the Farm & Heavy Construction Machinery 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 Farm & Heavy Construction Machinery company?
A good Scaled Net Operating Assets depends on the Farm & Heavy Construction Machinery 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 Ultratrex and its competitors. Ultratrex's current Scaled Net Operating Assets is 0.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ultratrex stock overvalued right now?
Ultratrex (UTX) has a current Scaled Net Operating Assets of 0.75. The current Scaled Net Operating Assets is 0.75. 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 Ultratrex (UTX), the current Scaled Net Operating Assets is 0.75 as of Dec. 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.

Ultratrex Business Description

Comparable Companies
Address 220 Orchard Road, Unit 05-02, Midpoint Orchard, Singapore, SGP, 238852
Ultratrex Inc is a holding company engaged in the manufacturing, trading and leasing of amphibious excavators, dredgers, machineries and amphibious harvesters, leasing of all kinds of hydraulic cranes, related heavy machineries and spare parts, as well as import and export of heavy machineries and related business. The Group operates in a single business segment involving manufacturing, trading and leasing of amphibious excavators, dredgers machineries and amphibious harvesters, and leasing of hydraulic cranes, related heavy machineries and spare parts. Its main revenue is generated mainly from the manufacturing and sale of amphibious vehicles and spare parts. The Group operates across Asia Pacific with majority of revenue, Europe, the Middle East, Africa, South America and North America.