GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Northern Minerals and Exploration Ltd (OTCPK:NMEX) » Definitions » Scaled Net Operating Assets

Northern Minerals and Exploration (Northern Minerals and Exploration) Scaled Net Operating Assets : -51.50 (As of Jan. 2024)


View and export this data going back to 2008. Start your Free Trial

What is Northern Minerals and Exploration 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.

Northern Minerals and Exploration's operating assets for the quarter that ended in Jan. 2024 was $0.00 Mil. Northern Minerals and Exploration's operating liabilities for the quarter that ended in Jan. 2024 was $0.10 Mil. Northern Minerals and Exploration's Total Assets for the quarter that ended in Oct. 2023 was $0.00 Mil. Therefore, Northern Minerals and Exploration's scaled net operating assets (SNOA) for the quarter that ended in Jan. 2024 was -51.50.


Northern Minerals and Exploration Scaled Net Operating Assets Historical Data

The historical data trend for Northern Minerals and Exploration'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.

Northern Minerals and Exploration Scaled Net Operating Assets Chart

Northern Minerals and Exploration Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.82 -7.83 -9.36 -382.00 -3.73

Northern Minerals and Exploration Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 -135.33 -18.81 -16.17 -17.29 -51.50

Competitive Comparison of Northern Minerals and Exploration's Scaled Net Operating Assets

For the Other Precious Metals & Mining subindustry, Northern Minerals and Exploration'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.


Northern Minerals and Exploration's Scaled Net Operating Assets Distribution in the Metals & Mining Industry

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

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



Northern Minerals and Exploration 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.

Northern Minerals and Exploration's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jul. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jul. 2023 )
=(Operating Assets (A: Jul. 2023 )-Operating Liabilities (A: Jul. 2023 ))/Total Assets (A: Jul. 2022 )
=(0-0.097)/0.026
=-3.73

where

Operating Assets(A: Jul. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.007 - 0.007
=0

Operating Liabilities(A: Jul. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.268 - 0 - 0.171
=0.097

Northern Minerals and Exploration's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jan. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jan. 2024 )
=(Operating Assets (Q: Jan. 2024 )-Operating Liabilities (Q: Jan. 2024 ))/Total Assets (Q: Oct. 2023 )
=(0-0.103)/0.002
=-51.50

where

Operating Assets(Q: Jan. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.01 - 0.01
=0

Operating Liabilities(Q: Jan. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.274 - 0.085 - 0.086
=0.103

* 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.


Northern Minerals and Exploration Scaled Net Operating Assets Related Terms

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


Northern Minerals and Exploration (Northern Minerals and Exploration) Business Description

Traded in Other Exchanges
N/A
Address
881 West State Road, Pleasant Grove, UT, USA, 84062
Northern Minerals and Exploration Ltd is an emerging natural resource company operating in oil and gas production in central Texas and exploration for gold and silver in northern Nevada.