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Vemanti Group (Vemanti Group) Scaled Net Operating Assets : 0.33 (As of Mar. 2024)


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What is Vemanti Group 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.

Vemanti Group's operating assets for the quarter that ended in Mar. 2024 was $0.10 Mil. Vemanti Group's operating liabilities for the quarter that ended in Mar. 2024 was $0.05 Mil. Vemanti Group's Total Assets for the quarter that ended in Dec. 2023 was $0.15 Mil. Therefore, Vemanti Group's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.33.


Vemanti Group Scaled Net Operating Assets Historical Data

The historical data trend for Vemanti 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.

* Premium members only.

Vemanti Group Scaled Net Operating Assets Chart

Vemanti Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
0.81 0.50 -0.17 0.56 -0.03

Vemanti Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.18 0.39 0.28 -0.05 0.33

Competitive Comparison of Vemanti Group's Scaled Net Operating Assets

For the Communication Equipment subindustry, Vemanti 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.


Vemanti Group's Scaled Net Operating Assets Distribution in the Hardware Industry

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

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



Vemanti 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.

Vemanti 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 )
=(0.009-0.034)/0.806
=-0.03

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.145 - 0.136
=0.009

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.317 - 0 - 0.283
=0.034

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

Scaled Net Operating Assets (SNOA)(Q: Mar. 2024 )
=(Operating Assets (Q: Mar. 2024 )-Operating Liabilities (Q: Mar. 2024 ))/Total Assets (Q: Dec. 2023 )
=(0.097-0.049)/0.145
=0.33

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.154 - 0.057
=0.097

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.335 - 0 - 0.286
=0.049

* 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.


Vemanti Group Scaled Net Operating Assets Related Terms

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Vemanti Group (Vemanti Group) Business Description

Industry
Traded in Other Exchanges
N/A
Address
7545 Irvine Center Drive, Suite. 200, Irvine, CA, USA, 92618
Vemanti Group Inc, through its subsidiaries, provides IP (Internet Protocol) communication needs. The company's network offers availability, coverage, flexibility and enables the following technology solutions: unified communications, data centre services, content delivery, voice over IP (VoIP), and cloud computing. The company also focuses on acquisition and investment in companies that focus on blockchain projects and applications combined with other emerging technologies, including machine learning/AI, security, and the internet of things (IoT).
Executives
Stephen Richard Jones officer: CFO 256 GREENGLADE AVENUE, WORTHINGTON OH 43085
Tan Tran director, 10 percent owner, officer: President, CEO, CFO 7545 IRVINE CENTER DR., STE. 200, IRVINE CA 92618
Rachel Boulds Cpa, Pllc director 6371 S. GLENOAKS STREET, MURRAY UT 84107