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WOK (WORK Medical Technology Group) Scaled Net Operating Assets : 0.71 (As of Sep. 2024)


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What is WORK Medical Technology 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.

WORK Medical Technology Group's operating assets for the quarter that ended in Sep. 2024 was $29.69 Mil. WORK Medical Technology Group's operating liabilities for the quarter that ended in Sep. 2024 was $6.71 Mil. WORK Medical Technology Group's Total Assets for the quarter that ended in Mar. 2024 was $32.49 Mil. Therefore, WORK Medical Technology Group's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.71.

WORK Medical Technology Group Scaled Net Operating Assets Historical Data

The historical data trend for WORK Medical Technology 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.

WORK Medical Technology Group Scaled Net Operating Assets Chart

WORK Medical Technology Group Annual Data
Trend Sep20 Sep21 Sep22 Sep23 Sep24
Scaled Net Operating Assets
0.17 0.31 0.55 0.72 0.77

WORK Medical Technology Group Semi-Annual Data
Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only 0.58 0.74 0.61 0.82 0.71

Competitive Comparison of WORK Medical Technology Group's Scaled Net Operating Assets

For the Medical Devices subindustry, WORK Medical Technology 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.

WORK Medical Technology Group's Scaled Net Operating Assets Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, WORK Medical Technology Group's Scaled Net Operating Assets distribution charts can be found below:

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


WORK Medical Technology 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.

WORK Medical Technology Group's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Sep. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Sep. 2024 )
=(Operating Assets (A: Sep. 2024 )-Operating Liabilities (A: Sep. 2024 ))/Total Assets (A: Sep. 2023 )
=(29.693-6.714)/29.959
=0.77

where

Operating Assets(A: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=36.251 - 6.558
=29.693

Operating Liabilities(A: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=20.18 - 0 - 13.466
=6.714

WORK Medical Technology Group's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2024 )
=(Operating Assets (Q: Sep. 2024 )-Operating Liabilities (Q: Sep. 2024 ))/Total Assets (Q: Mar. 2024 )
=(29.693-6.714)/32.494
=0.71

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=36.251 - 6.558
=29.693

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=20.18 - 0 - 13.466
=6.714

* 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.

WORK Medical Technology Group Scaled Net Operating Assets Related Terms

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WORK Medical Technology Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » WORK Medical Technology Group Ltd (NAS:WOK) » Definitions » Scaled Net Operating Assets
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Traded in Other Exchanges
N/A
Address
Floor 23, No. 2 Tonghuinan Road, Xiaoshan District, Zhejiang Province, Hangzhou, CHN
Website
https://www.workmedtech.com
WORK Medical Technology Group Ltd is engaged in manufacturing and selling medical consumables through its wholly owned subsidiaries in the People's Republic of China. The Company's main products include medical face masks, tourniquets, airways, breathing circuits, intubation accessories, anesthesia kits, oxygen masks, suction sets, laryngoscope blades, KN95 masks, and other disposable medical devices, as well as medical equipment.