VXIT (VirExit Technologies) Scaled Net Operating Assets: -61.68 (As of May. 2019)


What is VirExit Technologies Scaled Net Operating Assets?

VirExit Technologies VXIT Scaled Net Operating Assets is -61.68 as of May. 2019.

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

VirExit Technologies's operating assets for the quarter that ended in May. 2019 was $0.01 Mil. VirExit Technologies's operating liabilities for the quarter that ended in May. 2019 was $1.74 Mil. VirExit Technologies's Total Assets for the quarter that ended in Feb. 2019 was $0.03 Mil. Therefore, VirExit Technologies's scaled net operating assets (SNOA) for the quarter that ended in May. 2019 was -61.68.

VirExit Technologies Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for VirExit Technologies'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.

VirExit Technologies Scaled Net Operating Assets Chart

VirExit Technologies Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18
Scaled Net Operating Assets
-0.02 -0.97 -7.80 -6.78 -20.53

VirExit Technologies Quarterly Data
Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19
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 -18.60 -154.00 -117.86 -15.73 -61.68

VXIT vs RIHT, GEQU, NNUP: Scaled Net Operating Assets Comparison

For the Utilities - Renewable subindustry, VirExit Technologies'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.

VirExit Technologies Scaled Net Operating Assets vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, VirExit Technologies's Scaled Net Operating Assets distribution charts can be found below:

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


VirExit Technologies 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.

VirExit Technologies's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Aug. 2018 is calculated as

Scaled Net Operating Assets (SNOA)(A: Aug. 2018 )
=(Operating Assets (A: Aug. 2018 )-Operating Liabilities (A: Aug. 2018 ))/Total Assets (A: Aug. 2017 )
=(0.012-1.552)/0.075
=-20.53

where

Operating Assets(A: Aug. 2018 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.014 - 0.002
=0.012

Operating Liabilities(A: Aug. 2018 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2.825 - 0 - 1.273
=1.552

VirExit Technologies's Scaled Net Operating Assets (SNOA) for the quarter that ended in May. 2019 is calculated as

Scaled Net Operating Assets (SNOA)(Q: May. 2019 )
=(Operating Assets (Q: May. 2019 )-Operating Liabilities (Q: May. 2019 ))/Total Assets (Q: Feb. 2019 )
=(0.008-1.735)/0.028
=-61.68

where

Operating Assets(Q: May. 2019 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.049 - 0.041
=0.008

Operating Liabilities(Q: May. 2019 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3.08 - 0 - 1.345
=1.735

* 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 -61.68 mean?
VirExit Technologies (VXIT) has a Scaled Net Operating Assets of -61.68 as of May. 2019. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on VirExit Technologies and its competitors.
Is VirExit Technologies' Scaled Net Operating Assets too high?
VirExit Technologies' current Scaled Net Operating Assets is -61.68.
How does VirExit Technologies' Scaled Net Operating Assets compare to RIHT and GEQU?
VirExit Technologies' Scaled Net Operating Assets of -61.68 can be compared against companies in the Utilities - Independent Power Producers 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 an Utilities - Independent Power Producers company?
A good Scaled Net Operating Assets depends on the Utilities - Independent Power Producers 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 VirExit Technologies and its competitors. VirExit Technologies's current Scaled Net Operating Assets is -61.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VirExit Technologies stock overvalued right now?
VirExit Technologies (VXIT) has a current Scaled Net Operating Assets of -61.68. The current Scaled Net Operating Assets is -61.68. 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 VirExit Technologies (VXIT), the current Scaled Net Operating Assets is -61.68 as of May. 2019. 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.

VirExit Technologies Business Description

Address 1280 Lexington Avenue, FRNT 2 No.1292, New York, NY, USA, 10028
VirExit Technologies Inc is established as a renewable energy company, incubating solar technologies to establish electrification, education, connectivity, and media distribution infrastructures in rural communities across the globe to empower the individual, community, and local economy.