SLANG Worldwide (XCNQ:SLNG) Scaled Net Operating Assets : 0.44 (As of Jun. 2024)

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What is SLANG Worldwide 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.

SLANG Worldwide's operating assets for the quarter that ended in Jun. 2024 was C$20.18 Mil. SLANG Worldwide's operating liabilities for the quarter that ended in Jun. 2024 was C$6.74 Mil. SLANG Worldwide's Total Assets for the quarter that ended in Mar. 2024 was C$30.75 Mil. Therefore, SLANG Worldwide's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2024 was 0.44.

SLANG Worldwide Scaled Net Operating Assets Historical Data

The historical data trend for SLANG Worldwide'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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SLANG Worldwide Scaled Net Operating Assets Chart

SLANG Worldwide Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Scaled Net Operating Assets

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0.26

0.65

0.33

0.32

0.48

SLANG Worldwide Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Scaled Net Operating Assets	Get a 7-Day Free Trial															0.67	0.64	0.52	0.58	0.44

Competitive Comparison of SLANG Worldwide's Scaled Net Operating Assets

For the Drug Manufacturers - Specialty & Generic subindustry, SLANG Worldwide'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.

SLANG Worldwide's Scaled Net Operating Assets Distribution in the Drug Manufacturers Industry

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

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

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SLANG Worldwide 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.

SLANG Worldwide'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 )
=	(28.146	-	7.716)	/	42.755
=	0.48

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	33.203	-	5.057
=	28.146

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	37.583	-	7.633	-	22.234
=	7.716

SLANG Worldwide's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Jun. 2024 )
=	(Operating Assets (Q: Jun. 2024 )	-	Operating Liabilities (Q: Jun. 2024 ))	/	Total Assets (Q: Mar. 2024 )
=	(20.175	-	6.743)	/	30.753
=	0.44

where

	Operating Assets		(Q: Jun. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	22.816	-	2.641
=	20.175

	Operating Liabilities		(Q: Jun. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	44.552	-	4.195	-	33.614
=	6.743

SLANG Worldwide Scaled Net Operating Assets Related Terms

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SLANG Worldwide Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » SLANG Worldwide Inc (XCNQ:SLNG) » Definitions » Scaled Net Operating Assets

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Address

50 Carroll Street, Toronto, ON, CAN, M4M 3G3

Website

https://www.slangww.com

SLANG Worldwide Inc is a cannabis-focused consumer packaged goods company. It is focused on acquiring and developing regional brands, as well as creating new brands to meet the needs of cannabis consumers. It operates in two reportable segments Core Markets, and Emerging Markets, and the majority of its revenue comes from the Core Market. Geographically it operates in Canada and the U.S. It derives the majority of its revenue from the U.S. Its brand portfolio involves, Firefly, O.pen, and Alchemy Naturals.

Executives