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Avid Technology (Avid Technology) Scaled Net Operating Assets : 0.31 (As of Sep. 2023)


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What is Avid Technology 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.

Avid Technology's operating assets for the quarter that ended in Sep. 2023 was $252.8 Mil. Avid Technology's operating liabilities for the quarter that ended in Sep. 2023 was $160.3 Mil. Avid Technology's Total Assets for the quarter that ended in Jun. 2023 was $293.8 Mil. Therefore, Avid Technology's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2023 was 0.31.


Avid Technology Scaled Net Operating Assets Historical Data

The historical data trend for Avid Technology'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.

* Premium members only.

Avid Technology Scaled Net Operating Assets Chart

Avid Technology Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.15 0.10 0.06 0.20

Avid Technology Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.13 0.23 0.22 0.29 0.32

Competitive Comparison of Avid Technology's Scaled Net Operating Assets

For the Software - Application subindustry, Avid Technology'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.


Avid Technology's Scaled Net Operating Assets Distribution in the Software Industry

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

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



Avid Technology 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.

Avid Technology's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2022 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2022 )
=(Operating Assets (A: Dec. 2022 )-Operating Liabilities (A: Dec. 2022 ))/Total Assets (A: Dec. 2021 )
=(252.206-198.232)/274
=0.20

where

Operating Assets(A: Dec. 2022 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=287.453 - 35.247
=252.206

Operating Liabilities(A: Dec. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=406.235 - 193.474 - 14.529
=198.232

Avid Technology'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: Jun. 2023 )
=(252.776-160.305)/293.817
=0.31

where

Operating Assets(Q: Sep. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=273.739 - 20.963
=252.776

Operating Liabilities(Q: Sep. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=396.924 - 222.377 - 14.242
=160.305

* 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.


Avid Technology Scaled Net Operating Assets Related Terms

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Avid Technology (Avid Technology) Business Description

Industry
Traded in Other Exchanges
N/A
Address
75 Blue Sky Drive, Burlington, MA, USA, 01803
Avid Technology Inc develops and sells software and hardware for digital media production and management. Its products are used in production, film studios, cable television stations, recording studios, and other agencies. The company has operations in the U.S.; the Americas; Europe, Middle East, and Africa; and Asia-Pacific. Most of its revenue is split fairly evenly between the U.S. and EMEA. The company's products are organized into suites, including Artist Suite, which includes video editing and digital audio workstations; Media Suite, which provides newsroom management solutions; Studio Suite, which provides tools for on-air programming; and Storage Suite, which provides products for digital storage. It derives most of the revenue from video and audio products and services.
Executives
Kenneth L Gayron officer: EVP & Chief Financial Officer 75 NETWORK DRIVE, BURLINGTON MA 34212
Timothy Claman officer: SVP & GM Video Post & Storage 75 NETWORK DRIVE, BURLINGTON MA 01803
Cordiner Tom J. A. officer: SVP of Global Sales PINEWOOD ROAD, IVER HEATH, BUCKINGHAMSHIRE, ENGLAND X0 01803
David Toomey officer: SVP & GM Audio and Music 75 NETWORK DRIVE, BURLINGTON MA 01830
Mariesa Victoria officer: VP & Chief Accounting Officer 75 NETWORK DRIVE, BURLINGTON MA 01803
Christian Asmar director 152 WEST 57TH STREET, 17TH FLOOR, NEW YORK CITY NY 10019
Dana Ruzicka officer: VP, Chief Product Officer 75 NETWORK DRIVE, BURLINGTON MA 01803
Nancy Hawthorne director AVID TECHNOLOGY, INC., 75 NETWORK DRIVE, BURLINGTON MA 01803
Robert M Bakish director AVID TECHNOLOGY, INC., 75 NETWORK DRIVE, BURLINGTON MA 01803
Lior Netzer officer: SVP & GM, Media & Cloud 75 NETWORK DRIVE, BURLINGTON MA 01803
Kevin W. Riley officer: Chief Technology Officer 75 NETWORK DRIVE, BURLINGTON MA 01803
Garrard Brown officer: Chief Accounting Officer, other: Principal Accounting Officer AVID TECHNOLOGY, INC., 75 NETWORK DRIVE, BURLINGTON MA 01803
Jason A Duva officer: Senior VP & General Counsel, other: Corporate Secretary AVID TECHNOLOGY, INC., 75 NETWORK DRIVE, BURLINGTON MA 01803
Lauren Taylor Wolfe 10 percent owner 3100 CUMBERLAND BOULEVARD, SUITE 1700, ATLANTA GA 30339
Impactive Capital Llc 10 percent owner 152 WEST 57TH, 17TH FLOOR, NEW YORK CITY NY 10019