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Aquarius Surgical Technologies (XCNQ:ASTI) Scaled Net Operating Assets : -0.96 (As of Dec. 2023)


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What is Aquarius Surgical Technologies 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.

Aquarius Surgical Technologies's operating assets for the quarter that ended in Dec. 2023 was C$0.49 Mil. Aquarius Surgical Technologies's operating liabilities for the quarter that ended in Dec. 2023 was C$1.11 Mil. Aquarius Surgical Technologies's Total Assets for the quarter that ended in Sep. 2023 was C$0.65 Mil. Therefore, Aquarius Surgical Technologies's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was -0.96.


Aquarius Surgical Technologies Scaled Net Operating Assets Historical Data

The historical data trend for Aquarius Surgical 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.

* Premium members only.

Aquarius Surgical Technologies Scaled Net Operating Assets Chart

Aquarius Surgical Technologies Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.89 0.71 0.23 -0.14 -0.51

Aquarius Surgical Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -0.73 -0.80 -0.80 -0.84 -0.96

Competitive Comparison of Aquarius Surgical Technologies's Scaled Net Operating Assets

For the Medical Devices subindustry, Aquarius Surgical 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.


Aquarius Surgical Technologies's Scaled Net Operating Assets Distribution in the Medical Devices & Instruments Industry

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

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



Aquarius Surgical 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.

Aquarius Surgical Technologies's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2023 )
=(Operating Assets (A: Mar. 2023 )-Operating Liabilities (A: Mar. 2023 ))/Total Assets (A: Mar. 2022 )
=(0.558-1.017)/0.895
=-0.51

where

Operating Assets(A: Mar. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.68 - 0.122
=0.558

Operating Liabilities(A: Mar. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4.528 - 3.014 - 0.497
=1.017

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

Scaled Net Operating Assets (SNOA)(Q: Dec. 2023 )
=(Operating Assets (Q: Dec. 2023 )-Operating Liabilities (Q: Dec. 2023 ))/Total Assets (Q: Sep. 2023 )
=(0.492-1.109)/0.645
=-0.96

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.631 - 0.139
=0.492

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5.017 - 3.174 - 0.734
=1.109

* 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.


Aquarius Surgical Technologies Scaled Net Operating Assets Related Terms

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Aquarius Surgical Technologies (XCNQ:ASTI) Business Description

Traded in Other Exchanges
Address
89 Scollard Street, Toronto, ON, CAN, M5R 1G4
Aquarius Surgical Technologies Inc is engaged in the development, sale, distribution, marketing, and exploitation of laser-driven technologies for use in surgical environments, principally in the field of urology. The company derives revenue from the sale of medical devices and fiber-optic delivery devices. Geographically, it has a presence in Canada, the United States, and the Dominican Republic.