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Indigenous Bloom Hemp (XCNQ:IBH) Scaled Net Operating Assets : -3.29 (As of Feb. 2023)


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What is Indigenous Bloom Hemp 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.

Indigenous Bloom Hemp's operating assets for the quarter that ended in Feb. 2023 was C$0.56 Mil. Indigenous Bloom Hemp's operating liabilities for the quarter that ended in Feb. 2023 was C$2.62 Mil. Indigenous Bloom Hemp's Total Assets for the quarter that ended in Aug. 2022 was C$0.63 Mil. Therefore, Indigenous Bloom Hemp's scaled net operating assets (SNOA) for the quarter that ended in Feb. 2023 was -3.29.


Indigenous Bloom Hemp Scaled Net Operating Assets Historical Data

The historical data trend for Indigenous Bloom Hemp'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.

Indigenous Bloom Hemp Scaled Net Operating Assets Chart

Indigenous Bloom Hemp Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 May22
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only 0.60 -0.10 -1.17 -81.67 -1,808.00

Indigenous Bloom Hemp Quarterly Data
Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Nov21 Feb22 May22 Aug22 Feb23
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 -1.16 -0.13 -0.78 -2.46 -3.29

Competitive Comparison of Indigenous Bloom Hemp's Scaled Net Operating Assets

For the Drug Manufacturers - Specialty & Generic subindustry, Indigenous Bloom Hemp'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.


Indigenous Bloom Hemp's Scaled Net Operating Assets Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Indigenous Bloom Hemp's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Indigenous Bloom Hemp's Scaled Net Operating Assets falls into.



Indigenous Bloom Hemp 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.

Indigenous Bloom Hemp's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in May. 2022 is calculated as

Scaled Net Operating Assets (SNOA)(A: May. 2022 )
=(Operating Assets (A: May. 2022 )-Operating Liabilities (A: May. 2022 ))/Total Assets (A: Apr. 2021 )
=(0.694-2.502)/0.001
=-1,808.00

where

Operating Assets(A: May. 2022 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.76 - 0.066
=0.694

Operating Liabilities(A: May. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3.21 - 0.013 - 0.695
=2.502

Indigenous Bloom Hemp's Scaled Net Operating Assets (SNOA) for the quarter that ended in Feb. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Feb. 2023 )
=(Operating Assets (Q: Feb. 2023 )-Operating Liabilities (Q: Feb. 2023 ))/Total Assets (Q: Aug. 2022 )
=(0.561-2.615)/0.625
=-3.29

where

Operating Assets(Q: Feb. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.561 - 0
=0.561

Operating Liabilities(Q: Feb. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3.323 - 0 - 0.708
=2.615

* 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.


Indigenous Bloom Hemp Scaled Net Operating Assets Related Terms

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Indigenous Bloom Hemp (XCNQ:IBH) Business Description

Traded in Other Exchanges
Address
3200-650 West Georgia Street, Vancouver, BC, CAN, V6B 4P7
Indigenous Bloom Hemp Corp is in business to produce and sell hemp extracts. It is engaged in the farming and cultivation of hemp biomass for third-party processing to extract cannabidiol (CBD) oils, distillate or isolate. The resulting solution can then be used for the production of many CBD products.

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