WARM (Cool Technologies) Scaled Net Operating Assets: -5.06 (As of Sep. 2023)


What is Cool Technologies Scaled Net Operating Assets?

Cool Technologies WARM -90.00% Scaled Net Operating Assets is -5.06 as of Sep. 2023.

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

Cool Technologies's operating assets for the quarter that ended in Sep. 2023 was $0.91 Mil. Cool Technologies's operating liabilities for the quarter that ended in Sep. 2023 was $5.50 Mil. Cool Technologies's Total Assets for the quarter that ended in Jun. 2023 was $0.91 Mil. Therefore, Cool Technologies's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2023 was -5.06.

Cool Technologies Scaled Net Operating Assets Historical Data

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The historical data trend for Cool 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.

Cool Technologies Scaled Net Operating Assets Chart

Cool Technologies Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.59 -9.91 -8.29 -6.65 -3.37

Cool Technologies Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -3.41 -3.50 -3.86 -4.24 -5.06

WARM vs MJHI, PHOT, GWW: Scaled Net Operating Assets Comparison

For the Industrial Distribution subindustry, Cool 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.

Cool Technologies Scaled Net Operating Assets vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Cool Technologies's Scaled Net Operating Assets distribution charts can be found below:

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


Cool 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.

Cool Technologies's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2022 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2022 )
=(Operating Assets (A: Dec. 2022 )-Operating Liabilities (A: Dec. 2022 ))/Total Assets (A: Dec. 2021 )
=(1.043-4.877)/1.137
=-3.37

where

Operating Assets(A: Dec. 2022 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1.043 - 0
=1.043

Operating Liabilities(A: Dec. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=8.531 - 0.009 - 3.645
=4.877

Cool Technologies's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2023 )
=(Operating Assets (Q: Sep. 2023 )-Operating Liabilities (Q: Sep. 2023 ))/Total Assets (Q: Jun. 2023 )
=(0.909-5.497)/0.906
=-5.06

where

Operating Assets(Q: Sep. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.916 - 0.007
=0.909

Operating Liabilities(Q: Sep. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=9.144 - 0.125 - 3.522
=5.497

* 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 -5.06 mean?
Cool Technologies (WARM) has a Scaled Net Operating Assets of -5.06 as of Sep. 2023. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Cool Technologies and its competitors.
Is Cool Technologies' Scaled Net Operating Assets too high?
Cool Technologies' current Scaled Net Operating Assets is -5.06.
How does Cool Technologies' Scaled Net Operating Assets compare to MJHI and PHOT?
Cool Technologies' Scaled Net Operating Assets of -5.06 can be compared against companies in the Industrial Distribution 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 Industrial Distribution company?
A good Scaled Net Operating Assets depends on the Industrial Distribution 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 Cool Technologies and its competitors. Cool Technologies's current Scaled Net Operating Assets is -5.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cool Technologies stock overvalued right now?
Cool Technologies (WARM) has a current Scaled Net Operating Assets of -5.06. The current Scaled Net Operating Assets is -5.06. 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 Cool Technologies (WARM), the current Scaled Net Operating Assets is -5.06 as of Sep. 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.

Cool Technologies Business Description

Address 8875 Hidden River Parkway, Suite 300, Tampa, FL, USA, 33637
Cool Technologies Inc is engaged in developing and commercializing an electric load assist technology around which it has designed a vehicle retrofit system. Its market for products utilizing its technology includes consumer, industrial and military markets, both in the United States and across the world. The technology offered by the company includes heat dispersion technology and mobile power generation .