ReadCloud (ASX:RCL) Scaled Net Operating Assets : 0.48 (As of Sep. 2023)

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What is ReadCloud 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.

ReadCloud's operating assets for the quarter that ended in Sep. 2023 was A$12.37 Mil. ReadCloud's operating liabilities for the quarter that ended in Sep. 2023 was A$4.19 Mil. ReadCloud's Total Assets for the quarter that ended in Mar. 2023 was A$16.90 Mil. Therefore, ReadCloud's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2023 was 0.48.

ReadCloud Scaled Net Operating Assets Historical Data

The historical data trend for ReadCloud'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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ReadCloud Scaled Net Operating Assets Chart

ReadCloud Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Sep22

Sep23

Scaled Net Operating Assets

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0.33

0.59

0.81

0.50

0.68

ReadCloud Semi-Annual Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Mar22	Sep22	Mar23	Sep23
Scaled Net Operating Assets	Get a 7-Day Free Trial						0.43	0.48	0.49	0.76	0.48

Competitive Comparison of ReadCloud's Scaled Net Operating Assets

For the Software - Application subindustry, ReadCloud'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.

ReadCloud's Scaled Net Operating Assets Distribution in the Software Industry

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

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

ReadCloud 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.

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

	Scaled Net Operating Assets (SNOA)		(A: Sep. 2023 )
=	(Operating Assets (A: Sep. 2023 )	-	Operating Liabilities (A: Sep. 2023 ))	/	Total Assets (A: Sep. 2022 )
=	(12.372	-	4.187)	/	12.078
=	0.68

where

	Operating Assets		(A: Sep. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	14.081	-	1.709
=	12.372

	Operating Liabilities		(A: Sep. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	4.41	-	0.092	-	0.131
=	4.187

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

	Scaled Net Operating Assets (SNOA)		(Q: Sep. 2023 )
=	(Operating Assets (Q: Sep. 2023 )	-	Operating Liabilities (Q: Sep. 2023 ))	/	Total Assets (Q: Mar. 2023 )
=	(12.372	-	4.187)	/	16.904
=	0.48

where

	Operating Assets		(Q: Sep. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	14.081	-	1.709
=	12.372

	Operating Liabilities		(Q: Sep. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	4.41	-	0.092	-	0.131
=	4.187

ReadCloud Scaled Net Operating Assets Related Terms

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ReadCloud (ASX:RCL) Business Description

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Address

126 Church Street, Level 1, Brighton, VIC, AUS, 3186

Website

https://www.readcloud.com

ReadCloud Ltd is an education technology company that offers digital e-learning solutions to secondary schools. The firm operates in two segments: eBook solutions, which is the key revenue driver, and Vocational Education and Training (VET). It provides software solutions, including eBooks, to schools within Australia. In addition, it also provides digital VET course materials and services to schools through its subsidiary Australian Institute of Education and Training Unit Trust, PKY Media Pty Ltd and Ripponlea Institute Pty Ltd, which offers over 40 VET courses and services to schools across Australia.