Tolu Minerals (ASX:TOK) Scaled Net Operating Assets : 0.30 (As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Tolu Minerals 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.

Tolu Minerals's operating assets for the quarter that ended in Dec. 2023 was A$11.14 Mil. Tolu Minerals's operating liabilities for the quarter that ended in Dec. 2023 was A$1.77 Mil. Tolu Minerals's Total Assets for the quarter that ended in Dec. 2022 was A$31.37 Mil. Therefore, Tolu Minerals's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.30.

Tolu Minerals Scaled Net Operating Assets Historical Data

The historical data trend for Tolu Minerals'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.

Tolu Minerals Scaled Net Operating Assets Chart

Tolu Minerals Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Scaled Net Operating Assets

0.30

Tolu Minerals Semi-Annual Data
	Dec20	Dec21	Dec22	Dec23
Scaled Net Operating Assets	-	-	-	0.30

Competitive Comparison of Tolu Minerals's Scaled Net Operating Assets

For the Other Precious Metals & Mining subindustry, Tolu Minerals'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.

Tolu Minerals's Scaled Net Operating Assets Distribution in the Metals & Mining Industry

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

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

Tolu Minerals 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.

Tolu Minerals'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 )
=	(11.139	-	1.771)	/	31.368
=	0.30

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	23.756	-	12.617
=	11.139

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	6.537	-	4.347	-	0.419
=	1.771

Tolu Minerals'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: Dec. 2022 )
=	(11.139	-	1.771)	/	31.368
=	0.30

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	23.756	-	12.617
=	11.139

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	6.537	-	4.347	-	0.419
=	1.771

Tolu Minerals Scaled Net Operating Assets Related Terms

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

Tolu Minerals (ASX:TOK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Tolu Minerals Ltd (ASX:TOK) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Unit 5, Ground Floor, Turumu Haus, Spring Garden, Gordons, Moresby North East, Port Moresby, PNG, 121

Website

https://www.toluminerals.com

Tolu Minerals Ltd is an emerging exploration company with rights to three significant gold and silver and copper resource opportunities in PNG. Its projects include the Tolukuma Gold Mine, the Tolukuma Gold Mine, and the Mt Penck Tenement.