Grand Foundry (BOM:513343) Scaled Net Operating Assets : -0.64 (As of Dec. 2023)

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What is Grand Foundry 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.

Grand Foundry's operating assets for the quarter that ended in Dec. 2023 was ₹0.23 Mil. Grand Foundry's operating liabilities for the quarter that ended in Dec. 2023 was ₹0.65 Mil. Grand Foundry's Total Assets for the quarter that ended in Sep. 2023 was ₹0.67 Mil. Therefore, Grand Foundry's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was -0.64.

Grand Foundry Scaled Net Operating Assets Historical Data

The historical data trend for Grand Foundry'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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Grand Foundry Scaled Net Operating Assets Chart

Grand Foundry Annual Data

Trend

Mar12

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Scaled Net Operating Assets

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-0.09

-0.50

-1.02

-1.85

-0.05

Grand Foundry Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Scaled Net Operating Assets	Get a 7-Day Free Trial															-	-	0.09	-0.07	-0.64

Competitive Comparison of Grand Foundry's Scaled Net Operating Assets

For the Steel subindustry, Grand Foundry'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.

Grand Foundry's Scaled Net Operating Assets Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Grand Foundry's Scaled Net Operating Assets distribution charts can be found below:

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

Grand Foundry 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.

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

	Scaled Net Operating Assets (SNOA)		(A: Mar. 2023 )
=	(Operating Assets (A: Mar. 2023 )	-	Operating Liabilities (A: Mar. 2023 ))	/	Total Assets (A: Mar. 2022 )
=	(0.349	-	0.715)	/	8
=	-0.05

where

	Operating Assets		(A: Mar. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	0.389	-	0.04
=	0.349

	Operating Liabilities		(A: Mar. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	44.28	-	0	-	43.565
=	0.715

Grand Foundry'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: Sep. 2023 )
=	(0.226	-	0.653)	/	0.669
=	-0.64

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	0.357	-	0.131
=	0.226

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	48.585	-	0	-	47.932
=	0.653

Grand Foundry Scaled Net Operating Assets Related Terms

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Grand Foundry (BOM:513343) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Grand Foundry Ltd (BOM:513343) » Definitions » Scaled Net Operating Assets

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GFSTEELS:India

Address

Sanjay Appa Chambers, 302, Cabin No.1, Plot No. 82 Behind Charat Singh Colony, Chakala Midc, Andheri East, MH, IND, 400093

Website

https://www.gfsteel.co.in

Grand Foundry Ltd is engaged in the manufacturing of bright steel bars and wires. The company offers various heat treatment processes and supplies commercial lots of heat-treated bars to specific standards in the international market American, and German standards. Its products are utilized for various applications in the engineering industries, including petrochemical, oil and natural gas, and automotive industries.

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