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Planet 13 Holdings (XCNQ:PLTH) Scaled Net Operating Assets : 0.68 (As of Dec. 2023)


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What is Planet 13 Holdings 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.

Planet 13 Holdings's operating assets for the quarter that ended in Dec. 2023 was C$187.7 Mil. Planet 13 Holdings's operating liabilities for the quarter that ended in Dec. 2023 was C$23.2 Mil. Planet 13 Holdings's Total Assets for the quarter that ended in Sep. 2023 was C$241.4 Mil. Therefore, Planet 13 Holdings's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.68.


Planet 13 Holdings Scaled Net Operating Assets Historical Data

The historical data trend for Planet 13 Holdings'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.

Planet 13 Holdings Scaled Net Operating Assets Chart

Planet 13 Holdings Annual Data
Trend Jun16 Jun17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial 0.87 0.79 0.91 0.82 0.55

Planet 13 Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.64 0.79 0.73 0.59 0.68

Competitive Comparison of Planet 13 Holdings's Scaled Net Operating Assets

For the Drug Manufacturers - Specialty & Generic subindustry, Planet 13 Holdings'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.


Planet 13 Holdings's Scaled Net Operating Assets Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Planet 13 Holdings's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Planet 13 Holdings's Scaled Net Operating Assets falls into.



Planet 13 Holdings 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.

Planet 13 Holdings'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 )
=(187.712-23.176)/298.956
=0.55

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=203.584 - 15.872
=187.712

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=59.173 - 33.905 - 2.092
=23.176

Planet 13 Holdings'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 )
=(187.712-23.176)/241.365
=0.68

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=203.584 - 15.872
=187.712

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=59.173 - 33.905 - 2.092
=23.176

* 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.


Planet 13 Holdings Scaled Net Operating Assets Related Terms

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Planet 13 Holdings (XCNQ:PLTH) Business Description

Traded in Other Exchanges
Address
2548 West Desert Inn Road, Las Vegas, NV, USA, 89109
Planet 13 Holdings Inc operates as an integrated cannabis company based in Nevada, with cultivation, production, and dispensary operations in Las Vegas. The company is focused on providing an unparalleled dispensary experience and optimizing cultivation efficiencies through its technology as the vanguard of cannabis.

Planet 13 Holdings (XCNQ:PLTH) Headlines

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