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PlasCred Circular Innovations (PlasCred Circular Innovations) Scaled Net Operating Assets : 0.43 (As of Jun. 2023)


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What is PlasCred Circular Innovations 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.

PlasCred Circular Innovations's operating assets for the quarter that ended in Jun. 2023 was $0.70 Mil. PlasCred Circular Innovations's operating liabilities for the quarter that ended in Jun. 2023 was $0.36 Mil. PlasCred Circular Innovations's Total Assets for the quarter that ended in Mar. 2023 was $0.79 Mil. Therefore, PlasCred Circular Innovations's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2023 was 0.43.

PlasCred Circular Innovations Scaled Net Operating Assets Historical Data

The historical data trend for PlasCred Circular Innovations'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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PlasCred Circular Innovations Scaled Net Operating Assets Chart

PlasCred Circular Innovations Annual Data
Trend Dec22 Dec23
Scaled Net Operating Assets
0.19 0.51

PlasCred Circular Innovations Quarterly Data
Jun22 Mar23 Jun23 Dec23
Scaled Net Operating Assets - - 0.43 0.23

Competitive Comparison of PlasCred Circular Innovations's Scaled Net Operating Assets

For the Waste Management subindustry, PlasCred Circular Innovations'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.

PlasCred Circular Innovations's Scaled Net Operating Assets Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, PlasCred Circular Innovations's Scaled Net Operating Assets distribution charts can be found below:

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


PlasCred Circular Innovations 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.

PlasCred Circular Innovations's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(1.169-0.984)/0.361
=0.51

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1.571 - 0.402
=1.169

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.985 - 0 - 0.001
=0.984

PlasCred Circular Innovations's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2023 )
=(Operating Assets (Q: Jun. 2023 )-Operating Liabilities (Q: Jun. 2023 ))/Total Assets (Q: Mar. 2023 )
=(0.703-0.362)/0.786
=0.43

where

Operating Assets(Q: Jun. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.802 - 0.099
=0.703

Operating Liabilities(Q: Jun. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.794 - 0 - 1.432
=0.362

* 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.

PlasCred Circular Innovations Scaled Net Operating Assets Related Terms

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PlasCred Circular Innovations (PlasCred Circular Innovations) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » PlasCred Circular Innovations Inc (OTCPK:MGPRF) » Definitions » Scaled Net Operating Assets
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Traded in Other Exchanges
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Address
810 - 789 West Pender Street, Vancouver, BC, CAN, V6C 1H2
Website
https://www.plascred.com
PlasCred Circular Innovations Inc is a green technology company based in Alberta, whose patent-pending and proprietary process enables true plastic waste removal in a scalable, systematic and profitable way. The PlasCred process hopes to deliver a commercially viable plastic recycling process, providing immediate economic benefit for industry, communities and government organizations for handling waste plastic.

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