Albert Labs International (XCNQ:ABRT) Scaled Net Operating Assets : -6.10 (As of Sep. 2023)

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What is Albert Labs International 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.

Albert Labs International's operating assets for the quarter that ended in Sep. 2023 was C$0.07 Mil. Albert Labs International's operating liabilities for the quarter that ended in Sep. 2023 was C$0.50 Mil. Albert Labs International's Total Assets for the quarter that ended in Jun. 2023 was C$0.07 Mil. Therefore, Albert Labs International's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2023 was -6.10.

Albert Labs International Scaled Net Operating Assets Historical Data

The historical data trend for Albert Labs International'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.

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Albert Labs International Scaled Net Operating Assets Chart

Albert Labs International Annual Data

Trend

Dec21

Dec22

Scaled Net Operating Assets

-1.62

-1.24

Albert Labs International Quarterly Data
	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Scaled Net Operating Assets	Get a 7-Day Free Trial					0.07	-0.72	-2.73	-2.93	-6.10

Competitive Comparison of Albert Labs International's Scaled Net Operating Assets

For the Biotechnology subindustry, Albert Labs International'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.

Albert Labs International's Scaled Net Operating Assets Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Albert Labs International's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Albert Labs International's Scaled Net Operating Assets falls into.

Albert Labs International 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.

Albert Labs International'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 )
=	(0.085	-	0.529)	/	0.358
=	-1.24

where

	Operating Assets		(A: Dec. 2022 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	0.164	-	0.079
=	0.085

	Operating Liabilities		(A: Dec. 2022 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	0.529	-	0	-	0
=	0.529

Albert Labs International'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 )
=	(0.065	-	0.498)	/	0.071
=	-6.10

where

	Operating Assets		(Q: Sep. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	0.065	-	0
=	0.065

	Operating Liabilities		(Q: Sep. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	0.508	-	0.01	-	0
=	0.498

Albert Labs International Scaled Net Operating Assets Related Terms

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Albert Labs International (XCNQ:ABRT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Albert Labs International Corp (XCNQ:ABRT) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

6996, Merritt Avenue, Burnaby, BC, CAN, V5J 4R6

Website

https://www.albertlabs.com

Albert Labs International Corp is a laboratory-based, clinical research and drug development enterprise addressing mental health care needs. The company is focusing on Real World Evidence (RWE) the company will initially look to commercialize its mycelium-based KRN-101 medicine and treatment with the help of clinical pathway.

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