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HYTN Innovations (XCNQ:HYTN) Scaled Net Operating Assets : 0.14 (As of Sep. 2024)


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What is HYTN Innovations 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.

HYTN Innovations's operating assets for the quarter that ended in Sep. 2024 was C$2.13 Mil. HYTN Innovations's operating liabilities for the quarter that ended in Sep. 2024 was C$1.76 Mil. HYTN Innovations's Total Assets for the quarter that ended in Jun. 2024 was C$2.60 Mil. Therefore, HYTN Innovations's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.14.


HYTN Innovations Scaled Net Operating Assets Historical Data

The historical data trend for HYTN Innovations'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.

HYTN Innovations Scaled Net Operating Assets Chart

HYTN Innovations Annual Data
Trend Sep19 Sep20 Jan21 Jan22 Sep23 Sep24
Scaled Net Operating Assets
Get a 7-Day Free Trial 1.12 -2.56 -0.74 11.14 0.14

HYTN Innovations Quarterly Data
Sep19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.45 0.35 0.33 0.31 0.14

Competitive Comparison of HYTN Innovations's Scaled Net Operating Assets

For the Beverages - Brewers subindustry, HYTN Innovations'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.


HYTN Innovations's Scaled Net Operating Assets Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, HYTN Innovations's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where HYTN Innovations's Scaled Net Operating Assets falls into.



HYTN Innovations 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.

HYTN Innovations'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 )
=(2.126-1.762)/2.583
=0.14

where

Operating Assets(A: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2.383 - 0.257
=2.126

Operating Liabilities(A: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2.556 - 0.716 - 0.078
=1.762

HYTN Innovations'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: Jun. 2024 )
=(2.126-1.762)/2.601
=0.14

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2.383 - 0.257
=2.126

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2.556 - 0.716 - 0.078
=1.762

* 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.


HYTN Innovations Scaled Net Operating Assets Related Terms

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HYTN Innovations Business Description

Traded in Other Exchanges
Address
890 Clement Avenue, Unit 303, Kelowna, BC, CAN, V1Y 7E4
HYTN Innovations Inc formulates, manufactures, markets, and sells premium cannabis goods. The company generates revenue from the sale of cannabis-related products such as Cannabis-beverage sales, Cannabis - flower sales, Cannabis - edible sales. The majority of revenue is generated from Cannabis - beverage sales.
Executives
Amandeep Singh Parmar 10% Security Holder

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