TruTrace Technologies (XCNQ:TTT) Scaled Net Operating Assets : -15.35 (As of Jan. 2023)

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What is TruTrace Technologies 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.

TruTrace Technologies's operating assets for the quarter that ended in Jan. 2023 was C$0.12 Mil. TruTrace Technologies's operating liabilities for the quarter that ended in Jan. 2023 was C$2.11 Mil. TruTrace Technologies's Total Assets for the quarter that ended in Oct. 2022 was C$0.13 Mil. Therefore, TruTrace Technologies's scaled net operating assets (SNOA) for the quarter that ended in Jan. 2023 was -15.35.

TruTrace Technologies Scaled Net Operating Assets Historical Data

The historical data trend for TruTrace Technologies'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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TruTrace Technologies Scaled Net Operating Assets Chart

TruTrace Technologies Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Apr19

Apr20

Apr21

Apr22

Scaled Net Operating Assets

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-14.87

-13.15

-1.72

-15.40

-1.29

TruTrace Technologies Quarterly Data
	Mar18	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23
Scaled Net Operating Assets	Get a 7-Day Free Trial															-1.73	-2.76	-16.09	-5.79	-15.35

Competitive Comparison of TruTrace Technologies's Scaled Net Operating Assets

For the Software - Application subindustry, TruTrace Technologies'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.

TruTrace Technologies's Scaled Net Operating Assets Distribution in the Software Industry

For the Software industry and Technology sector, TruTrace Technologies's Scaled Net Operating Assets distribution charts can be found below:

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

TruTrace Technologies 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.

TruTrace Technologies's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Apr. 2022 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Apr. 2022 )
=	(Operating Assets (A: Apr. 2022 )	-	Operating Liabilities (A: Apr. 2022 ))	/	Total Assets (A: Apr. 2021 )
=	(0.113	-	1.952)	/	1.429
=	-1.29

where

	Operating Assets		(A: Apr. 2022 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	0.117	-	0.004
=	0.113

	Operating Liabilities		(A: Apr. 2022 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	2.637	-	0.045	-	0.64
=	1.952

TruTrace Technologies's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jan. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Jan. 2023 )
=	(Operating Assets (Q: Jan. 2023 )	-	Operating Liabilities (Q: Jan. 2023 ))	/	Total Assets (Q: Oct. 2022 )
=	(0.116	-	2.111)	/	0.13
=	-15.35

where

	Operating Assets		(Q: Jan. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	0.12	-	0.004
=	0.116

	Operating Liabilities		(Q: Jan. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	3.224	-	0	-	1.113
=	2.111

TruTrace Technologies Scaled Net Operating Assets Related Terms

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TruTrace Technologies (XCNQ:TTT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » TruTrace Technologies Inc (XCNQ:TTT) » Definitions » Scaled Net Operating Assets

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TTTSF:USA

Address

61 Regal Road, Toronto, ON, CAN, M6H 2J6

Website

https://www.trutrace.co

TruTrace Technologies Inc is the developer of fully integrated software, secured on a blockchain infrastructure, that gives clients' the ability to store, manage, share and immediately access quality assurance and testing details, COAs, as well as motion and movement intelligence on inventory. The platform was specifically designed to power the traceability of testing standards within the legal cannabis, nutraceutical, food and pharmaceutical space with a focus on the authentication of source materials or ingredients used in formulation.

Executives

Michael Kraft

Director

TruTrace Technologies (XCNQ:TTT) Headlines

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