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Riley Gold (TSXV:RLYG) Scaled Net Operating Assets : 0.70 (As of Mar. 2024)


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What is Riley 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.

Riley Gold's operating assets for the quarter that ended in Mar. 2024 was C$4.38 Mil. Riley Gold's operating liabilities for the quarter that ended in Mar. 2024 was C$0.05 Mil. Riley Gold's Total Assets for the quarter that ended in Dec. 2023 was C$6.23 Mil. Therefore, Riley Gold's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.70.


Riley Gold Scaled Net Operating Assets Historical Data

The historical data trend for Riley 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.

Riley Gold Scaled Net Operating Assets Chart

Riley Gold Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.35 1.78 1.18 0.61 0.55

Riley Gold Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
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 0.60 0.48 0.60 0.57 0.70

Competitive Comparison of Riley Gold's Scaled Net Operating Assets

For the Other Precious Metals & Mining subindustry, Riley 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.


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

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

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



Riley 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.

Riley Gold'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 )
=(4.269-0.564)/6.73
=0.55

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6.233 - 1.964
=4.269

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.78 - 0.14 - 0.076
=0.564

Riley Gold's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2024 )
=(Operating Assets (Q: Mar. 2024 )-Operating Liabilities (Q: Mar. 2024 ))/Total Assets (Q: Dec. 2023 )
=(4.383-0.049)/6.233
=0.70

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6.202 - 1.819
=4.383

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.246 - 0.119 - 0.078
=0.049

* 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.


Riley Gold Scaled Net Operating Assets Related Terms

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Riley Gold (TSXV:RLYG) Business Description

Traded in Other Exchanges
Address
1055 West Hastings Street, Suite 2390, Vancouver, BC, CAN, V6E 2E9
Riley Gold Corp is a Canada based precious metals exploration company. It is engaged in the acquisition and exploration of mineral properties located in the state of Nevada, USA. The company's projects include the Tokop Gold project, Pipeline West/Clipper Project and the East Manhattan wash project.
Executives
Todd Hilditch Senior Officer

Riley Gold (TSXV:RLYG) Headlines

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