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Aspire Mining (ASX:AKM) Scaled Net Operating Assets : 0.29 (As of Dec. 2023)


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What is Aspire Mining 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.

Aspire Mining's operating assets for the quarter that ended in Dec. 2023 was A$29.74 Mil. Aspire Mining's operating liabilities for the quarter that ended in Dec. 2023 was A$0.22 Mil. Aspire Mining's Total Assets for the quarter that ended in Jun. 2023 was A$102.30 Mil. Therefore, Aspire Mining's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.29.


Aspire Mining Scaled Net Operating Assets Historical Data

The historical data trend for Aspire Mining'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.

Aspire Mining Scaled Net Operating Assets Chart

Aspire Mining Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.96 0.88 0.75 0.45 0.54

Aspire Mining Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.56 0.52 0.55 1.10 0.29

Competitive Comparison of Aspire Mining's Scaled Net Operating Assets

For the Coking Coal subindustry, Aspire Mining'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.


Aspire Mining's Scaled Net Operating Assets Distribution in the Steel Industry

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

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



Aspire Mining 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.

Aspire Mining's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2022 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jun. 2022 )
=(Operating Assets (A: Jun. 2022 )-Operating Liabilities (A: Jun. 2022 ))/Total Assets (A: Jun. 2021 )
=(37.694-0.37)/69.038
=0.54

where

Operating Assets(A: Jun. 2022 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=69.01 - 31.316
=37.694

Aspire Mining'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: Jun. 2023 )
=(29.735-0.217)/102.297
=0.29

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=46.014 - 16.279
=29.735

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.217 - 0 - 0
=0.217

* 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.


Aspire Mining Scaled Net Operating Assets Related Terms

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Aspire Mining (ASX:AKM) Business Description

Industry
Traded in Other Exchanges
Address
126-130 Phillip Street, Level 5, Sydney, NSW, AUS, 6000
Aspire Mining Ltd is a mineral exploration and development company. It principally engages in the business of exploring coal and progresses on the approval process for the development and funding of a rail line in northern Mongolia. It holds interests in various assets that are located in Mongolia. The company's segments include Australia, Mongolia, and Singapore. It also holds an interest in other projects such as the Ovoot coking coal, Nuurstei coal and coking coal market. The Ovoot project is a large-scale coking coal project. Majority of the company's revenue comes from Australian segment.

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