HI-Green Carbon (NSE:HIGREEN) Scaled Net Operating Assets : 1.05 (As of Mar. 2023)

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What is HI-Green Carbon 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.

HI-Green Carbon's operating assets for the quarter that ended in Mar. 2023 was ₹437.9 Mil. HI-Green Carbon's operating liabilities for the quarter that ended in Mar. 2023 was ₹76.7 Mil. HI-Green Carbon's Total Assets for the quarter that ended in Mar. 2022 was ₹342.4 Mil. Therefore, HI-Green Carbon's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2023 was 1.05.

HI-Green Carbon Scaled Net Operating Assets Historical Data

The historical data trend for HI-Green Carbon'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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HI-Green Carbon Scaled Net Operating Assets Chart

HI-Green Carbon Annual Data

Trend

Mar21

Mar22

Mar23

Scaled Net Operating Assets

0.78

0.83

1.06

HI-Green Carbon Semi-Annual Data
	Mar21	Mar22	Mar23
Scaled Net Operating Assets	0.78	0.83	1.06

Competitive Comparison of HI-Green Carbon's Scaled Net Operating Assets

For the Specialty Chemicals subindustry, HI-Green Carbon'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.

HI-Green Carbon's Scaled Net Operating Assets Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, HI-Green Carbon's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where HI-Green Carbon's Scaled Net Operating Assets falls into.

HI-Green Carbon 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.

HI-Green Carbon'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 )
=	(437.882	-	76.661)	/	342.436
=	1.05

where

	Operating Assets		(A: Mar. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	438.783	-	0.901
=	437.882

	Operating Liabilities		(A: Mar. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	212.881	-	38.171	-	98.049
=	76.661

HI-Green Carbon's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Mar. 2023 )
=	(Operating Assets (Q: Mar. 2023 )	-	Operating Liabilities (Q: Mar. 2023 ))	/	Total Assets (Q: Mar. 2022 )
=	(437.882	-	76.661)	/	342.436
=	1.05

where

	Operating Assets		(Q: Mar. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	438.783	-	0.901
=	437.882

	Operating Liabilities		(Q: Mar. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	212.881	-	38.171	-	98.049
=	76.661

HI-Green Carbon Scaled Net Operating Assets Related Terms

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HI-Green Carbon (NSE:HIGREEN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » HI-Green Carbon Ltd (NSE:HIGREEN) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

G-557, Lodhika Industrial Estate, Metoda G.I.D.C. Gate No. 3, Metoda, Lodhika, Rajkot, GJ, IND, 360021

Website

https://www.higreencarbon.com

HI-Green Carbon Ltd is engaged in the business of waste tyres recycling. Its manufacturing plant operates on a continuous pyrolysis process. It is an uninterrupted working method with a continuous feeding and discharging system controlled by the program logic controller system. The company processes end-of-life tyres (ELTs) pieces to produce energy components and raw materials. Its major products are Recovered Carbon Black (rCB) and Steel Wires under the Raw Material Category and fuel Oil and Synthesis Gas under the Energy components category.

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