VAGNF (Vegano Foods) Scaled Net Operating Assets: 0.43 (As of Dec. 2023)

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What is Vegano Foods Scaled Net Operating Assets?

Vegano Foods VAGNF -99.97% Scaled Net Operating Assets is 0.43 as of Dec. 2023.

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

Vegano Foods's operating assets for the quarter that ended in Dec. 2023 was $0.57 Mil. Vegano Foods's operating liabilities for the quarter that ended in Dec. 2023 was $0.32 Mil. Vegano Foods's Total Assets for the quarter that ended in Sep. 2023 was $0.56 Mil. Therefore, Vegano Foods's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.43.

Vegano Foods Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Vegano Foods'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.

Vegano Foods Scaled Net Operating Assets Chart

Vegano Foods Annual Data
Trend Dec20
Scaled Net Operating Assets
0.00

Vegano Foods Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Jun23 Sep23 Dec23
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 3.62 -0.07 -1.15 4.08 0.43

VAGNF vs AJYG, SSMTF, RIBT: Scaled Net Operating Assets Comparison

For the Packaged Foods subindustry, Vegano Foods'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.

Vegano Foods Scaled Net Operating Assets vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Vegano Foods's Scaled Net Operating Assets distribution charts can be found below:

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


Vegano Foods 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.

Vegano Foods's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2020 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2020 )
=(Operating Assets (A: Dec. 2020 )-Operating Liabilities (A: Dec. 2020 ))/Total Assets (A: . 20 )
=(-)/
=

where

Operating Assets(A: Dec. 2020 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
= -
=

Operating Liabilities(A: Dec. 2020 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
= - -
=

Vegano Foods's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2023 )
=(Operating Assets (Q: Dec. 2023 )-Operating Liabilities (Q: Dec. 2023 ))/Total Assets (Q: Sep. 2023 )
=(0.565-0.323)/0.56
=0.43

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.566 - 0.001
=0.565

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.327 - 0 - 0.004
=0.323

* 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 0.43 mean?
Vegano Foods (VAGNF) has a Scaled Net Operating Assets of 0.43 as of Dec. 2023. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Vegano Foods and its competitors.
Is Vegano Foods' Scaled Net Operating Assets too high?
Vegano Foods' current Scaled Net Operating Assets is 0.43.
How does Vegano Foods' Scaled Net Operating Assets compare to AJYG and SSMTF?
Vegano Foods' Scaled Net Operating Assets of 0.43 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Scaled Net Operating Assets depends on the Consumer Packaged Goods 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 Vegano Foods and its competitors. Vegano Foods's current Scaled Net Operating Assets is 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vegano Foods stock overvalued right now?
Vegano Foods (VAGNF) has a current Scaled Net Operating Assets of 0.43. The current Scaled Net Operating Assets is 0.43. 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 Vegano Foods (VAGNF), the current Scaled Net Operating Assets is 0.43 as of Dec. 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.

Vegano Foods Business Description

Address 1040 West Georgia Street, Unit 415, Vancouver, BC, CAN, V6E 4H1
Vegano Foods Inc is plant-based food technology. The Company's principal activity relates to the sales and delivery of vegan meal kits to end customers. The company has built a technology platform to support the ordering and preparation of meal kits and proprietary branded food products, including sauces, proteins, and soups.