VSOLF (Three Sixty Solar) Scaled Net Operating Assets: -2.76 (As of Jun. 2024)


What is Three Sixty Solar Scaled Net Operating Assets?

Three Sixty Solar VSOLF -99.99% Scaled Net Operating Assets is -2.76 as of Jun. 2024.

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

Three Sixty Solar's operating assets for the quarter that ended in Jun. 2024 was $0.26 Mil. Three Sixty Solar's operating liabilities for the quarter that ended in Jun. 2024 was $1.25 Mil. Three Sixty Solar's Total Assets for the quarter that ended in Mar. 2024 was $0.36 Mil. Therefore, Three Sixty Solar's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2024 was -2.76.

Three Sixty Solar Scaled Net Operating Assets Historical Data

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The historical data trend for Three Sixty Solar'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.

Three Sixty Solar Scaled Net Operating Assets Chart

Three Sixty Solar Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Sep22 Sep23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.04 -0.00 0.10 -0.10

Three Sixty Solar Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.70 -0.16 -0.78 -1.60 -2.77

VSOLF vs FSLR, NXT, ENPH: Scaled Net Operating Assets Comparison

For the Solar subindustry, Three Sixty Solar'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.

Three Sixty Solar Scaled Net Operating Assets vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Three Sixty Solar's Scaled Net Operating Assets distribution charts can be found below:

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


Three Sixty Solar 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.

Three Sixty Solar's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Sep. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Sep. 2023 )
=(Operating Assets (A: Sep. 2023 )-Operating Liabilities (A: Sep. 2023 ))/Total Assets (A: Sep. 2022 )
=(0.578-0.869)/2.814
=-0.10

where

Operating Assets(A: Sep. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.605 - 0.027
=0.578

Operating Liabilities(A: Sep. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.157 - 0.199 - 0.089
=0.869

Three Sixty Solar's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2024 )
=(Operating Assets (Q: Jun. 2024 )-Operating Liabilities (Q: Jun. 2024 ))/Total Assets (Q: Mar. 2024 )
=(0.263-1.25)/0.357
=-2.76

where

Operating Assets(Q: Jun. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.269 - 0.006
=0.263

Operating Liabilities(Q: Jun. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.526 - 0.126 - 0.15
=1.25

* 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 -2.76 mean?
Three Sixty Solar (VSOLF) has a Scaled Net Operating Assets of -2.76 as of Jun. 2024. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Three Sixty Solar and its competitors.
Is Three Sixty Solar's Scaled Net Operating Assets too high?
Three Sixty Solar's current Scaled Net Operating Assets is -2.76.
How does Three Sixty Solar's Scaled Net Operating Assets compare to FSLR and NXT?
Three Sixty Solar's Scaled Net Operating Assets of -2.76 can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Scaled Net Operating Assets depends on the Semiconductors 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 Three Sixty Solar and its competitors. Three Sixty Solar's current Scaled Net Operating Assets is -2.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Three Sixty Solar stock overvalued right now?
Three Sixty Solar (VSOLF) has a current Scaled Net Operating Assets of -2.76. The current Scaled Net Operating Assets is -2.76. 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 Three Sixty Solar (VSOLF), the current Scaled Net Operating Assets is -2.76 as of Jun. 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.

Three Sixty Solar Business Description

Address 408 - 55 Water Street, Office 8312, Vancouver, BC, CAN, V6B 1A1
Three Sixty Solar Ltd is engaged in designing and developing vertical solar towers to provide a range of energy solutions for small commercial projects up to large utility-scale solar farms.