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Goodfood Market (TSX:FOOD) Scaled Net Operating Assets : 0.17 (As of Feb. 2024)


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What is Goodfood Market 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.

Goodfood Market's operating assets for the quarter that ended in Feb. 2024 was C$30.9 Mil. Goodfood Market's operating liabilities for the quarter that ended in Feb. 2024 was C$21.2 Mil. Goodfood Market's Total Assets for the quarter that ended in Nov. 2023 was C$56.2 Mil. Therefore, Goodfood Market's scaled net operating assets (SNOA) for the quarter that ended in Feb. 2024 was 0.17.


Goodfood Market Scaled Net Operating Assets Historical Data

The historical data trend for Goodfood Market'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.

Goodfood Market Scaled Net Operating Assets Chart

Goodfood Market Annual Data
Trend Dec15 Dec16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only -0.03 0.15 0.44 0.24 0.08

Goodfood Market Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.26 0.14 0.17 0.13 0.17

Competitive Comparison of Goodfood Market's Scaled Net Operating Assets

For the Personal Services subindustry, Goodfood Market'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.


Goodfood Market's Scaled Net Operating Assets Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Goodfood Market's Scaled Net Operating Assets distribution charts can be found below:

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



Goodfood Market 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.

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

Scaled Net Operating Assets (SNOA)(A: Aug. 2023 )
=(Operating Assets (A: Aug. 2023 )-Operating Liabilities (A: Aug. 2023 ))/Total Assets (A: Aug. 2022 )
=(32.883-22.098)/129.848
=0.08

where

Operating Assets(A: Aug. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=57.808 - 24.925
=32.883

Operating Liabilities(A: Aug. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=81.25 - 52.254 - 6.898
=22.098

Goodfood Market's Scaled Net Operating Assets (SNOA) for the quarter that ended in Feb. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Feb. 2024 )
=(Operating Assets (Q: Feb. 2024 )-Operating Liabilities (Q: Feb. 2024 ))/Total Assets (Q: Nov. 2023 )
=(30.888-21.158)/56.249
=0.17

where

Operating Assets(Q: Feb. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=54.6 - 23.712
=30.888

Operating Liabilities(Q: Feb. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=78.326 - 52.39 - 4.778
=21.158

* 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.


Goodfood Market Scaled Net Operating Assets Related Terms

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Goodfood Market (TSX:FOOD) Business Description

Traded in Other Exchanges
Address
4600 Hickmore Street, Saint-Laurent, Montreal, QC, CAN, H4T 1K2
Goodfood Market Corp is an online grocery company in Canada delivering fresh meal solutions and groceries that make it easy for members to enjoy delicious meals at home every day. The principal business activity is focused on developing and servicing the online meal kit and grocery add-on market. Goodfood members have access to products and exclusive pricing made possible by its direct-to-consumer fulfilment ecosystem that eliminates waste and retail overhead. It has a production facility and administrative offices in Montreal, with five additional facilities located in Quebec, Ontario, Alberta, and British Columbia. The Company is passionate about connecting its partner farms and suppliers to its customers' kitchens while eliminating food waste and costly retail overhead.
Executives
Roslane Aouameur Senior Officer
Neil Cuggy 10% Security Holder, Director, Director or Senior Officer of 10% Security Holder, Senior Officer
Jonathan Ferrari 10% Security Holder, Director, Director or Senior Officer of 10% Security Holder, Senior Officer

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