Hybrid Power Solutions (XCNQ:HPSS) Scaled Net Operating Assets : 0.67 (As of Feb. 2024)

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What is Hybrid Power Solutions 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.

Hybrid Power Solutions's operating assets for the quarter that ended in Feb. 2024 was C$3.73 Mil. Hybrid Power Solutions's operating liabilities for the quarter that ended in Feb. 2024 was C$1.71 Mil. Hybrid Power Solutions's Total Assets for the quarter that ended in Nov. 2023 was C$3.01 Mil. Therefore, Hybrid Power Solutions's scaled net operating assets (SNOA) for the quarter that ended in Feb. 2024 was 0.67.

Hybrid Power Solutions Scaled Net Operating Assets Historical Data

The historical data trend for Hybrid Power Solutions'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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Hybrid Power Solutions Scaled Net Operating Assets Chart

Hybrid Power Solutions Annual Data

Trend

May21

May22

May23

Scaled Net Operating Assets

0.31

-0.57

0.50

Hybrid Power Solutions Quarterly Data
	May21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Scaled Net Operating Assets	Get a 7-Day Free Trial					0.37	0.28	0.21	0.05	0.67

Competitive Comparison of Hybrid Power Solutions's Scaled Net Operating Assets

For the Electrical Equipment & Parts subindustry, Hybrid Power Solutions'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.

Hybrid Power Solutions's Scaled Net Operating Assets Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hybrid Power Solutions's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Hybrid Power Solutions's Scaled Net Operating Assets falls into.

Hybrid Power Solutions 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.

Hybrid Power Solutions's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in May. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: May. 2023 )
=	(Operating Assets (A: May. 2023 )	-	Operating Liabilities (A: May. 2023 ))	/	Total Assets (A: May. 2022 )
=	(2.788	-	2.096)	/	1.386
=	0.50

where

	Operating Assets		(A: May. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	2.791	-	0.003
=	2.788

	Operating Liabilities		(A: May. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	4.933	-	0.357	-	2.48
=	2.096

Hybrid Power Solutions's Scaled Net Operating Assets (SNOA) for the quarter that ended in Feb. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Feb. 2024 )
=	(Operating Assets (Q: Feb. 2024 )	-	Operating Liabilities (Q: Feb. 2024 ))	/	Total Assets (Q: Nov. 2023 )
=	(3.726	-	1.71)	/	3.013
=	0.67

where

	Operating Assets		(Q: Feb. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	4.684	-	0.958
=	3.726

	Operating Liabilities		(Q: Feb. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	3.057	-	0.493	-	0.854
=	1.71

Hybrid Power Solutions Scaled Net Operating Assets Related Terms

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Hybrid Power Solutions (XCNQ:HPSS) Business Description

Industry

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Traded in Other Exchanges

E092:Germany

Address

333 Terminal Avenue, Suite 208, Vancouver, BC, CAN, V6A 4C1

Website

https://www.hybridps.ca

Hybrid Power Solutions Inc is a Canadian clean energy company specializing in producing, developing, and installing direct-to-consumer clean technology products such as portable power packs and stationary energy storage. It mainly designs and manufactures patent-pending portable battery systems and customized energy solutions for a variety of industrial markets, including the mining, railway, public transit, and construction sectors. It also has a franchise network of solar power installers that operate under the Company's trademark and offer the sale and installation of the Company's products. Geographically, the company operates in Canada which is the key revenue generating market, and the United States.

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