SWMBRD Sports (XCNQ:SWIM) Scaled Net Operating Assets: -1.06 (As of Nov. 2023)

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What is SWMBRD Sports Scaled Net Operating Assets?

SWMBRD Sports XCNQ:SWIM Scaled Net Operating Assets is -1.06 as of Nov. 2023.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

SWMBRD Sports's operating assets for the quarter that ended in Nov. 2023 was C$0.34 Mil. SWMBRD Sports's operating liabilities for the quarter that ended in Nov. 2023 was C$0.78 Mil. SWMBRD Sports's Total Assets for the quarter that ended in Aug. 2023 was C$0.41 Mil. Therefore, SWMBRD Sports's scaled net operating assets (SNOA) for the quarter that ended in Nov. 2023 was -1.06.


SWMBRD Sports Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for SWMBRD Sports'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.

SWMBRD Sports Scaled Net Operating Assets Chart

SWMBRD Sports Annual Data
Trend Feb21 Feb22 Feb23
Scaled Net Operating Assets
0.26 0.24 0.31

SWMBRD Sports Quarterly Data
Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 0.64 0.30 -0.02 -0.56 -1.06

XCNQ:SWIM vs MAT, HAS, PLNT: Scaled Net Operating Assets Comparison

For the Leisure subindustry, SWMBRD Sports'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.


SWMBRD Sports Scaled Net Operating Assets vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, SWMBRD Sports's Scaled Net Operating Assets distribution charts can be found below:

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



SWMBRD Sports 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.

SWMBRD Sports's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Feb. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Feb. 2023 )
=(Operating Assets (A: Feb. 2023 )-Operating Liabilities (A: Feb. 2023 ))/Total Assets (A: Feb. 2022 )
=(0.483-0.292)/0.618
=0.31

where

Operating Assets(A: Feb. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.498 - 0.015
=0.483

Operating Liabilities(A: Feb. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.292 - 0 - 0
=0.292

SWMBRD Sports's Scaled Net Operating Assets (SNOA) for the quarter that ended in Nov. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Nov. 2023 )
=(Operating Assets (Q: Nov. 2023 )-Operating Liabilities (Q: Nov. 2023 ))/Total Assets (Q: Aug. 2023 )
=(0.338-0.778)/0.414
=-1.06

where

Operating Assets(Q: Nov. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.339 - 0.001
=0.338

Operating Liabilities(Q: Nov. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.778 - 0 - 0
=0.778

* 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.

What does a Scaled Net Operating Assets of -1.06 mean?
SWMBRD Sports (XCNQ:SWIM) has a Scaled Net Operating Assets of -1.06 as of Nov. 2023. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on SWMBRD Sports and its competitors.
Is SWMBRD Sports' Scaled Net Operating Assets too high?
SWMBRD Sports' current Scaled Net Operating Assets is -1.06.
How does SWMBRD Sports' Scaled Net Operating Assets compare to MAT and HAS?
SWMBRD Sports' Scaled Net Operating Assets of -1.06 can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Travel & Leisure company?
A good Scaled Net Operating Assets depends on the Travel & Leisure industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on SWMBRD Sports and its competitors. SWMBRD Sports's current Scaled Net Operating Assets is -1.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SWMBRD Sports stock overvalued right now?
SWMBRD Sports (XCNQ:SWIM) has a current Scaled Net Operating Assets of -1.06. The current Scaled Net Operating Assets is -1.06. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For SWMBRD Sports (XCNQ:SWIM), the current Scaled Net Operating Assets is -1.06 as of Nov. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

SWMBRD Sports Business Description

Address 777 Hornby Street, Suite 900, Vancouver, BC, CAN, V6Z 1S4
SWMBRD Sports Inc is a sporting goods company focused on developing, manufacturing, marketing, and selling aquatic sports products in the sporting goods and outdoor recreation industries.