Greenway Greenhouse Cannabis (XCNQ:GWAY) Scaled Net Operating Assets : 0.79 (As of Dec. 2023)

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What is Greenway Greenhouse Cannabis 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.

Greenway Greenhouse Cannabis's operating assets for the quarter that ended in Dec. 2023 was C$32.43 Mil. Greenway Greenhouse Cannabis's operating liabilities for the quarter that ended in Dec. 2023 was C$5.44 Mil. Greenway Greenhouse Cannabis's Total Assets for the quarter that ended in Sep. 2023 was C$34.30 Mil. Therefore, Greenway Greenhouse Cannabis's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.79.

Greenway Greenhouse Cannabis Scaled Net Operating Assets Historical Data

The historical data trend for Greenway Greenhouse Cannabis'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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Greenway Greenhouse Cannabis Scaled Net Operating Assets Chart

Greenway Greenhouse Cannabis Annual Data

Trend

Mar21

Mar22

Mar23

Scaled Net Operating Assets

0.82

1.04

0.71

Greenway Greenhouse Cannabis Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Scaled Net Operating Assets	Get a 7-Day Free Trial								0.80	0.80	0.60	0.73	0.79

Competitive Comparison of Greenway Greenhouse Cannabis's Scaled Net Operating Assets

For the Drug Manufacturers - Specialty & Generic subindustry, Greenway Greenhouse Cannabis'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.

Greenway Greenhouse Cannabis's Scaled Net Operating Assets Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Greenway Greenhouse Cannabis's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Greenway Greenhouse Cannabis's Scaled Net Operating Assets falls into.

Greenway Greenhouse Cannabis 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.

Greenway Greenhouse Cannabis'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 )
=	(31.663	-	6.4)	/	35.632
=	0.71

where

	Operating Assets		(A: Mar. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	35.305	-	3.642
=	31.663

	Operating Liabilities		(A: Mar. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	20.357	-	13.567	-	0.39
=	6.4

Greenway Greenhouse Cannabis'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 )
=	(32.432	-	5.442)	/	34.304
=	0.79

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	34.785	-	2.353
=	32.432

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	21.536	-	15.726	-	0.368
=	5.442

Greenway Greenhouse Cannabis Scaled Net Operating Assets Related Terms

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Greenway Greenhouse Cannabis (XCNQ:GWAY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Greenway Greenhouse Cannabis Corp (XCNQ:GWAY) » Definitions » Scaled Net Operating Assets

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Traded in Other Exchanges

GWAYF:USA

Address

1478 Seacliff Drive, Kingsville, ON, CAN, N9Y 2M2

Website

https://www.greenway.ca

Greenway Greenhouse Cannabis Corp is licensed to cultivate, process and sell to ensures harvests always consist of the highest quality cannabis strains with resinous flowers, trichomes, and rich cannabinoid profiles. The Company's nursery facility is located in Kingsville, Ontario, and its flowering and processing facility is located in Leamington, Ontario. The business model is to supply bulk packaged, high quality cannabis to the Canadian, cannabis industry at prices that ultimately provide a value proposition to the consumers. Greenway has three divisions with various locations; Greenway Nursery, Greenway Cultivation and future plans for Greenway Farmgate Retail Store.

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