Heavy Rare Earths (ASX:HRE) Scaled Net Operating Assets : 0.65 (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Heavy Rare Earths 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.

Heavy Rare Earths's operating assets for the quarter that ended in Dec. 2023 was A$3.84 Mil. Heavy Rare Earths's operating liabilities for the quarter that ended in Dec. 2023 was A$0.21 Mil. Heavy Rare Earths's Total Assets for the quarter that ended in Jun. 2023 was A$5.56 Mil. Therefore, Heavy Rare Earths's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.65.

Heavy Rare Earths Scaled Net Operating Assets Historical Data

The historical data trend for Heavy Rare Earths'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.

Heavy Rare Earths Scaled Net Operating Assets Chart

Heavy Rare Earths Annual Data

Trend

Jun23

Scaled Net Operating Assets

0.59

Heavy Rare Earths Semi-Annual Data
	Jun22	Jun23	Dec23
Scaled Net Operating Assets	0.37	0.50	0.65

Competitive Comparison of Heavy Rare Earths's Scaled Net Operating Assets

For the Other Industrial Metals & Mining subindustry, Heavy Rare Earths'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.

Heavy Rare Earths's Scaled Net Operating Assets Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Heavy Rare Earths's Scaled Net Operating Assets distribution charts can be found below:

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

Heavy Rare Earths 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.

Heavy Rare Earths's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Jun. 2023 )
=	(Operating Assets (A: Jun. 2023 )	-	Operating Liabilities (A: Jun. 2023 ))	/	Total Assets (A: . 20 )
=	(	-	)	/
=

where

	Operating Assets		(A: Jun. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=		-
=

	Operating Liabilities		(A: Jun. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=		-		-
=

Heavy Rare Earths'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 )
=	(3.842	-	0.213)	/	5.564
=	0.65

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	5.145	-	1.303
=	3.842

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	0.213	-	0	-	0
=	0.213

Heavy Rare Earths Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of Heavy Rare Earths's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Heavy Rare Earths (ASX:HRE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Heavy Rare Earths Ltd (ASX:HRE) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

459 Collins Street, Level 21, Melbourne, VIC, AUS, 3000

Website

https://www.hreltd.com.au

Heavy Rare Earths Ltd is an Australian rare earth exploration company with projects in Western Australia and the Northern Territory. The firm's key exploration project is Cowalinya in Western Australia. This is a clay-hosted rare earth project. It holds interest in Duke rare earth project. Rare earth materials are used in a wide array of technology and future-facing applications, including smartphones, wind energy, and hybrid and electric vehicles.

Heavy Rare Earths (ASX:HRE) Headlines

No Headlines