XCOMQ (Xtera Communications) Scaled Net Operating Assets: 0.03 (As of Jun. 2016)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Xtera Communications Scaled Net Operating Assets?

Xtera Communications XCOMQ -99.00% Scaled Net Operating Assets is 0.03 as of Jun. 2016.

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

Xtera Communications's operating assets for the quarter that ended in Jun. 2016 was $48.85 Mil. Xtera Communications's operating liabilities for the quarter that ended in Jun. 2016 was $47.35 Mil. Xtera Communications's Total Assets for the quarter that ended in Mar. 2016 was $57.07 Mil. Therefore, Xtera Communications's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2016 was 0.03.


Xtera Communications Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Xtera Communications'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.

Xtera Communications Scaled Net Operating Assets Chart

Xtera Communications Annual Data
Trend Sep13 Sep14 Sep15
Scaled Net Operating Assets
0.69 0.36 0.42

Xtera Communications Quarterly Data
Sep13 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only 0.00 0.43 0.59 0.46 0.03

XCOMQ vs TAIT, AEY: Scaled Net Operating Assets Comparison

For the Communication Equipment subindustry, Xtera Communications'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.


Xtera Communications Scaled Net Operating Assets vs Hardware Industry

For the Hardware industry and Technology sector, Xtera Communications's Scaled Net Operating Assets distribution charts can be found below:

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



Xtera Communications 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.

Xtera Communications's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Sep. 2015 is calculated as

Scaled Net Operating Assets (SNOA)(A: Sep. 2015 )
=(Operating Assets (A: Sep. 2015 )-Operating Liabilities (A: Sep. 2015 ))/Total Assets (A: Sep. 2014 )
=(37.519-22.739)/34.91
=0.42

where

Operating Assets(A: Sep. 2015 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=39.272 - 1.753
=37.519

Operating Liabilities(A: Sep. 2015 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=35.579 - 2.133 - 10.707
=22.739

Xtera Communications's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2016 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2016 )
=(Operating Assets (Q: Jun. 2016 )-Operating Liabilities (Q: Jun. 2016 ))/Total Assets (Q: Mar. 2016 )
=(48.849-47.349)/57.074
=0.03

where

Operating Assets(Q: Jun. 2016 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=49.463 - 0.614
=48.849

Operating Liabilities(Q: Jun. 2016 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=59.452 - 0 - 12.103
=47.349

* 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 0.03 mean?
Xtera Communications (XCOMQ) has a Scaled Net Operating Assets of 0.03 as of Jun. 2016. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Xtera Communications and its competitors.
Is Xtera Communications' Scaled Net Operating Assets too high?
Xtera Communications' current Scaled Net Operating Assets is 0.03.
How does Xtera Communications' Scaled Net Operating Assets compare to TAIT and AEY?
Xtera Communications' Scaled Net Operating Assets of 0.03 can be compared against companies in the Hardware 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 Hardware company?
A good Scaled Net Operating Assets depends on the Hardware 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 Xtera Communications and its competitors. Xtera Communications's current Scaled Net Operating Assets is 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xtera Communications stock overvalued right now?
Xtera Communications (XCOMQ) has a current Scaled Net Operating Assets of 0.03. The current Scaled Net Operating Assets is 0.03. 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 Xtera Communications (XCOMQ), the current Scaled Net Operating Assets is 0.03 as of Jun. 2016. 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.

Xtera Communications Business Description

Address 500 West Bethany Drive, Suite 100, Allen, TX, USA, 75013
Xtera Communications Inc is a provider of optical transport solutions. It sells its optical transport solutions to telecommunications service providers, content service providers, enterprises and government entities across the world to support their deployments of long-haul terrestrial and submarine optical cable networks. Its optical networking solutions are designed to offer reach and capacity for intermediate sites between end-points of long-haul networks. Its primary service offerings include services, installation and deployment services, on-site hardware replacement services, system maintenance services, extended hardware warranty services and training across a spectrum of products within the optical networking industry. The company offers hardware, software and turnkey solutions.