ReadyTech Holdings (ASX:RDY) Scaled Net Operating Assets : 0.66 (As of Dec. 2023)

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What is ReadyTech Holdings 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.

ReadyTech Holdings's operating assets for the quarter that ended in Dec. 2023 was A$240.0 Mil. ReadyTech Holdings's operating liabilities for the quarter that ended in Dec. 2023 was A$69.4 Mil. ReadyTech Holdings's Total Assets for the quarter that ended in Jun. 2023 was A$259.3 Mil. Therefore, ReadyTech Holdings's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.66.

ReadyTech Holdings Scaled Net Operating Assets Historical Data

The historical data trend for ReadyTech Holdings'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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ReadyTech Holdings Scaled Net Operating Assets Chart

ReadyTech Holdings Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Scaled Net Operating Assets

0.67

0.75

1.13

0.75

0.86

ReadyTech Holdings Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Scaled Net Operating Assets	Get a 7-Day Free Trial						0.72	0.69	0.87	0.64	0.66

Competitive Comparison of ReadyTech Holdings's Scaled Net Operating Assets

For the Software - Application subindustry, ReadyTech Holdings'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.

ReadyTech Holdings's Scaled Net Operating Assets Distribution in the Software Industry

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

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

ReadyTech Holdings 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.

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

	Scaled Net Operating Assets (SNOA)		(A: Jun. 2023 )
=	(Operating Assets (A: Jun. 2023 )	-	Operating Liabilities (A: Jun. 2023 ))	/	Total Assets (A: Jun. 2022 )
=	(238.666	-	78.92)	/	185.97
=	0.86

where

	Operating Assets		(A: Jun. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	259.282	-	20.616
=	238.666

	Operating Liabilities		(A: Jun. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	131.03	-	50.881	-	1.229
=	78.92

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

	Scaled Net Operating Assets (SNOA)		(Q: Dec. 2023 )
=	(Operating Assets (Q: Dec. 2023 )	-	Operating Liabilities (Q: Dec. 2023 ))	/	Total Assets (Q: Jun. 2023 )
=	(239.971	-	69.449)	/	259.282
=	0.66

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	254.889	-	14.918
=	239.971

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	117.401	-	46.984	-	0.968
=	69.449

ReadyTech Holdings Scaled Net Operating Assets Related Terms

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ReadyTech Holdings (ASX:RDY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » ReadyTech Holdings Ltd (ASX:RDY) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

77 King Street, Level 2, Sydney, NSW, AUS, 2000

Website

https://www.readytech.com.au

ReadyTech Holdings Ltd is a provider of people management software for educators, employers, and facilitators of career transitions. Its products are JR Plus, A2E, HR3, ePayroll, JR Gov, Aussiepay, and others. The company's operating segments include Education and Work pathways, Workforce Solutions, and Government and Justice. It generates maximum revenue from the Education segment. The education segment mainly provides products and services to tertiary education providers. Its Workforce segment provides products and services to a mid-sized company across various industries. The Government division provides government and justice case management software as a service solution to local governments, state governments and justice departments.