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Kirkland Lake Gold (Kirkland Lake Gold) Scaled Net Operating Assets : 0.63 (As of Sep. 2021)


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What is Kirkland Lake Gold 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.

Kirkland Lake Gold's operating assets for the quarter that ended in Sep. 2021 was $6,429 Mil. Kirkland Lake Gold's operating liabilities for the quarter that ended in Sep. 2021 was $1,895 Mil. Kirkland Lake Gold's Total Assets for the quarter that ended in Jun. 2021 was $7,220 Mil. Therefore, Kirkland Lake Gold's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2021 was 0.63.


Kirkland Lake Gold Scaled Net Operating Assets Historical Data

The historical data trend for Kirkland Lake Gold'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.

Kirkland Lake Gold Scaled Net Operating Assets Chart

Kirkland Lake Gold Annual Data
Trend Apr11 Apr12 Apr13 Apr14 Apr15 Dec16 Dec17 Dec18 Dec19 Dec20
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.02 0.74 0.64 0.66 1.67

Kirkland Lake Gold Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 0.65 0.62 0.62 0.63 0.63

Competitive Comparison of Kirkland Lake Gold's Scaled Net Operating Assets

For the Gold subindustry, Kirkland Lake Gold'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.


Kirkland Lake Gold's Scaled Net Operating Assets Distribution in the Metals & Mining Industry

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

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



Kirkland Lake Gold 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.

Kirkland Lake Gold's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2020 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2020 )
=(Operating Assets (A: Dec. 2020 )-Operating Liabilities (A: Dec. 2020 ))/Total Assets (A: Dec. 2019 )
=(6232.898-1969.434)/2557.617
=1.67

where

Operating Assets(A: Dec. 2020 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=7080.536 - 847.638
=6232.898

Operating Liabilities(A: Dec. 2020 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1995.605 - 19.275 - 6.896
=1969.434

Kirkland Lake Gold's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2021 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2021 )
=(Operating Assets (Q: Sep. 2021 )-Operating Liabilities (Q: Sep. 2021 ))/Total Assets (Q: Jun. 2021 )
=(6429.338-1894.937)/7219.533
=0.63

where

Operating Assets(Q: Sep. 2021 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=7251.762 - 822.424
=6429.338

Operating Liabilities(Q: Sep. 2021 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1917.721 - 17.081 - 5.703
=1894.937

* 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.


Kirkland Lake Gold Scaled Net Operating Assets Related Terms

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Kirkland Lake Gold (Kirkland Lake Gold) Business Description

Traded in Other Exchanges
N/A
Address
200 Bay Street, Suite 2800, Toronto, ON, CAN, M5J 2J1
Kirkland Lake Gold Ltd is a Canada-based gold mining, development, and exploration company with a diversified portfolio of exploration projects. The production profile of the company includes the Macassa mine complex located in northeastern Ontario and the Fosterville gold mine located in the State of Victoria, Australia. Also, the company owns the Holt mine and the Detour mine. The company's mines and material mineral projects are located in Canada and Australia.

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