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Copper Lake Resources (TSXV:CPL) Scaled Net Operating Assets : 0.77 (As of Jan. 2024)


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What is Copper Lake Resources 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.

Copper Lake Resources's operating assets for the quarter that ended in Jan. 2024 was C$2.72 Mil. Copper Lake Resources's operating liabilities for the quarter that ended in Jan. 2024 was C$0.65 Mil. Copper Lake Resources's Total Assets for the quarter that ended in Oct. 2023 was C$2.68 Mil. Therefore, Copper Lake Resources's scaled net operating assets (SNOA) for the quarter that ended in Jan. 2024 was 0.77.


Copper Lake Resources Scaled Net Operating Assets Historical Data

The historical data trend for Copper Lake Resources'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.

Copper Lake Resources Scaled Net Operating Assets Chart

Copper Lake Resources Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.84 0.84 0.99 0.70 0.59

Copper Lake Resources 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 0.63 0.44 0.53 0.66 0.77

Competitive Comparison of Copper Lake Resources's Scaled Net Operating Assets

For the Other Industrial Metals & Mining subindustry, Copper Lake Resources'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.


Copper Lake Resources's Scaled Net Operating Assets Distribution in the Metals & Mining Industry

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

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



Copper Lake Resources 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.

Copper Lake Resources's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Oct. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Oct. 2023 )
=(Operating Assets (A: Oct. 2023 )-Operating Liabilities (A: Oct. 2023 ))/Total Assets (A: Oct. 2022 )
=(2.599-0.609)/3.35
=0.59

where

Operating Assets(A: Oct. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2.683 - 0.084
=2.599

Operating Liabilities(A: Oct. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.609 - 0 - 0
=0.609

Copper Lake Resources'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 )
=(2.721-0.647)/2.683
=0.77

where

Operating Assets(Q: Jan. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3.107 - 0.386
=2.721

Operating Liabilities(Q: Jan. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.647 - 0 - 0
=0.647

* 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.


Copper Lake Resources Scaled Net Operating Assets Related Terms

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Copper Lake Resources (TSXV:CPL) Business Description

Traded in Other Exchanges
Address
1 King Street West, Suite 4800 - 233, Toronto, ON, CAN, M5H 1A1
Copper Lake Resources Ltd is an exploration company based in Canada. It is principally engaged in the business of exploration and development of mineral resource properties. It holds an interest in Norton lake property, Marshall lake property which is located in the north-northeast of Thunder Bay, Ontario. The company operates its business through a single segment being a Mineral exploration in Canada. Its project portfolio includes Mine Lake Gold, Queen Alexandria Gold, Centrefire-Redhat Gold-Copper and Grand Chibougamau Gold Property.
Executives
Terrence Macdonald Director, Senior Officer