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Optiva (TSX:OPT) Scaled Net Operating Assets : 0.54 (As of Mar. 2024)


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What is Optiva 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.

Optiva's operating assets for the quarter that ended in Mar. 2024 was C$88.85 Mil. Optiva's operating liabilities for the quarter that ended in Mar. 2024 was C$27.73 Mil. Optiva's Total Assets for the quarter that ended in Dec. 2023 was C$113.12 Mil. Therefore, Optiva's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.54.


Optiva Scaled Net Operating Assets Historical Data

The historical data trend for Optiva'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.

Optiva Scaled Net Operating Assets Chart

Optiva Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.30 -0.08 0.29 0.50 0.48

Optiva Quarterly Data
Dec18 Mar19 Jun19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.54 0.55 0.61 0.49 0.54

Competitive Comparison of Optiva's Scaled Net Operating Assets

For the Software - Infrastructure subindustry, Optiva'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.


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

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

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



Optiva 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.

Optiva'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 )
=(86.764-29.856)/117.671
=0.48

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=113.116 - 26.352
=86.764

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=165.824 - 135.968 - 0
=29.856

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

Scaled Net Operating Assets (SNOA)(Q: Mar. 2024 )
=(Operating Assets (Q: Mar. 2024 )-Operating Liabilities (Q: Mar. 2024 ))/Total Assets (Q: Dec. 2023 )
=(88.847-27.726)/113.116
=0.54

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=104.066 - 15.219
=88.847

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=165.345 - 137.619 - 0
=27.726

* 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.


Optiva Scaled Net Operating Assets Related Terms

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Optiva (TSX:OPT) Business Description

Industry
Traded in Other Exchanges
Address
2233 Argentia Road, Suite 302, East Tower, Mississauga, ON, CAN, L5N 2X7
Optiva Inc is engaged in offering next-generation software solutions to help the telco industry and customers leverage today's digital technologies. The company's portfolio of products enables real-time billing, charging, policy management and user experience that are critical to customers' growth and performance. When deployed in the cloud, Optiva solutions deliver the most impact for the best value. The company's vision, market knowledge, analytical insights and Customer Success Program ensure customers are equipped to achieve their strategic business goals today and into the future.
Executives
Ashish Kumar Joshi Senior Officer
Dinesh Sharma Senior Officer