PlasCred Circular Innovations (XCNQ:PLAS) Scaled Net Operating Assets : -0.10 (As of Sep. 2024)

View and export this data going back to 2023. Start your Free Trial

What is PlasCred Circular 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.

PlasCred Circular Innovations's operating assets for the quarter that ended in Sep. 2024 was C$0.87 Mil. PlasCred Circular Innovations's operating liabilities for the quarter that ended in Sep. 2024 was C$1.02 Mil. PlasCred Circular Innovations's Total Assets for the quarter that ended in Jun. 2024 was C$1.54 Mil. Therefore, PlasCred Circular Innovations's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was -0.10.

PlasCred Circular Innovations Scaled Net Operating Assets Historical Data

The historical data trend for PlasCred Circular 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.

PlasCred Circular Innovations Scaled Net Operating Assets Chart

PlasCred Circular Innovations Annual Data

Trend

Dec22

Dec23

Scaled Net Operating Assets

0.19

0.51

PlasCred Circular Innovations Quarterly Data
	Jun22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Scaled Net Operating Assets	Get a 7-Day Free Trial			-	-	0.10	-0.04	-0.10

Competitive Comparison of PlasCred Circular Innovations's Scaled Net Operating Assets

For the Waste Management subindustry, PlasCred Circular 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.

PlasCred Circular Innovations's Scaled Net Operating Assets Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, PlasCred Circular Innovations's Scaled Net Operating Assets distribution charts can be found below:

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

PlasCred Circular 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.

PlasCred Circular Innovations's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2023 )
=	(Operating Assets (A: Dec. 2023 )	-	Operating Liabilities (A: Dec. 2023 ))	/	Total Assets (A: Dec. 2022 )
=	(1.569	-	1.32)	/	0.491
=	0.51

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	2.108	-	0.539
=	1.569

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	1.321	-	0	-	0.001
=	1.32

PlasCred Circular 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 )
=	(0.866	-	1.015)	/	1.541
=	-0.10

where

	Operating Assets		(Q: Sep. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	0.912	-	0.046
=	0.866

	Operating Liabilities		(Q: Sep. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	1.015	-	0	-	0
=	1.015

PlasCred Circular Innovations Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of PlasCred Circular Innovations's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

PlasCred Circular Innovations Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » PlasCred Circular Innovations Inc (XCNQ:PLAS) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

MGPRF:USA XV2:Germany

Address

715 - 5th Avenue SW, Suite 815, Vancouver, BC, CAN, T2P 2X6

Website

https://www.plascred.com

PlasCred Circular Innovations Inc is a green technology company based in Alberta, whose patent-pending and proprietary process enables true plastic waste removal in a scalable, systematic and profitable way. The PlasCred process hopes to deliver a commercially viable plastic recycling process, providing immediate economic benefit for industry, communities and government organizations for handling waste plastic.

PlasCred Circular Innovations Headlines

No Headlines