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NIC (EGOV) Scaled Net Operating Assets : 0.15 (As of Dec. 2020)


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What is NIC 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.

NIC's operating assets for the quarter that ended in Dec. 2020 was $227.8 Mil. NIC's operating liabilities for the quarter that ended in Dec. 2020 was $160.0 Mil. NIC's Total Assets for the quarter that ended in Sep. 2020 was $443.4 Mil. Therefore, NIC's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2020 was 0.15.


NIC Scaled Net Operating Assets Historical Data

The historical data trend for NIC'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.

NIC Scaled Net Operating Assets Chart

NIC Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.03 0.07 0.14 0.19

NIC Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 0.11 0.12 0.13 0.14 0.15

Competitive Comparison of NIC's Scaled Net Operating Assets

For the Software - Application subindustry, NIC'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.


NIC's Scaled Net Operating Assets Distribution in the Software Industry

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

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



NIC 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.

NIC's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2020 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2020 )
=(Operating Assets (A: Dec. 2020 )-Operating Liabilities (A: Dec. 2020 ))/Total Assets (A: Dec. 2019 )
=(227.836-159.95)/362.359
=0.19

where

Operating Assets(A: Dec. 2020 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=464.349 - 236.513
=227.836

Operating Liabilities(A: Dec. 2020 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=171.2 - 7.172 - 4.078
=159.95

NIC's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2020 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2020 )
=(Operating Assets (Q: Dec. 2020 )-Operating Liabilities (Q: Dec. 2020 ))/Total Assets (Q: Sep. 2020 )
=(227.836-159.95)/443.44
=0.15

where

Operating Assets(Q: Dec. 2020 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=464.349 - 236.513
=227.836

Operating Liabilities(Q: Dec. 2020 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=171.2 - 7.172 - 4.078
=159.95

* 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.


NIC Scaled Net Operating Assets Related Terms

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NIC (EGOV) Business Description

Industry
Traded in Other Exchanges
N/A
Address
25501 West Valley Parkway, Suite 300, Olathe, KS, USA, 66061
NIC Inc is a leading provider of digital government services that help governments use technology to provide a higher level of service to businesses and citizens and increase efficiencies. The company has two operating channels: state enterprise businesses and software and services businesses. In State enterprise businesses, the company enters into long-term contracts with state and local governments to design, build and operate Internet-based, enterprise-wide portals on their behalf, the software and services businesses provide software development and payment processing services, other than outsourced portal services, to state and local governments as well as federal agencies. It generates a majority of its revenue from the State Enterprise.
Executives
Venmal (raji) Arasu director 25501 WEST VALLEY PARKWAY, SUITE 300, OLATHE KS 66061
Douglas Rogers officer: Sr VP, Business Development 25501 WEST VALLEY PARKWAY SUITE 300 OLATHE KS 66061
Elizabeth Mccarrell Proudfit officer: Sr VP, Marketing & Comm 25501 W. VALLEY PKWY, SUITE 300 OLATHE KS 66061
Sylvester Jr. James director 25501 W. VALLEY PKWY, SUITE 300 OLATHE KS 66061
Elizabeth Amegan Thomas officer: Chief of Staff 25501 W. VALLEY PKWY, SUITE 300 OLATHE KS 66061
Brian Gerald Anderson officer: Chief Technology Officer C/O NIC INC. 25501 WEST VALLEY PARKWAY, SUITE 300 OLATHE KS 66061
Art N Burtscher director C/O NOVASTAR FINANCIAL INC 8140 WARD PARKWAY, STE 300 KANSAS CITY MO 64114
Alexander C Kemper director C/O NIC INC., 25501 WEST VALLEY PARKWAY, SUITE 300, OLATHE KS 66061
Peter B Wilson director 10540 SOUTH RIDGEVIEW ROAD OLATHE KS 66061
William M Lyons director 225 WEST WACKER DRIVE, CHICAGO IL 60606
Charles Bradford Henry director 25501 WEST VALLEY PARKWAY SUITE 300 OLATHE KS 66061
Jayaprakash Vijayan director 25501 WEST VALLEY PARKWAY, SUITE 300, OLATHE KS 66061
Anthony Scott director 25501 WEST VALLEY PARKWAY, OLATHE KS 66061
Van Asselt William A. officer: General Counsel 25501 WEST VALLEY PARKWAY SUITE 300 OLATHE KS 66061
Harry Herington director, officer: Chair of Board & CEO 25501 WEST VALLEY PARKWAY SUITE 300 OLATHE KS 66061