Transatlantic Mining (TSXV:TCO) Scaled Net Operating Assets : -0.68 (As of Mar. 2024)

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What is Transatlantic Mining 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.

Transatlantic Mining's operating assets for the quarter that ended in Mar. 2024 was C$1.95 Mil. Transatlantic Mining's operating liabilities for the quarter that ended in Mar. 2024 was C$5.44 Mil. Transatlantic Mining's Total Assets for the quarter that ended in Dec. 2023 was C$5.13 Mil. Therefore, Transatlantic Mining's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was -0.68.

Transatlantic Mining Scaled Net Operating Assets Historical Data

The historical data trend for Transatlantic Mining'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.

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Transatlantic Mining Scaled Net Operating Assets Chart

Transatlantic Mining Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Scaled Net Operating Assets

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-0.18

-0.14

-0.06

-0.40

-0.56

Transatlantic Mining 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															-0.56	-0.59	-0.63	-0.72	-0.68

Competitive Comparison of Transatlantic Mining's Scaled Net Operating Assets

For the Other Industrial Metals & Mining subindustry, Transatlantic Mining'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.

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

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

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

Transatlantic Mining 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.

Transatlantic Mining'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 )
=	(1.953	-	5.439)	/	6.24
=	-0.56

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	5.127	-	3.174
=	1.953

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	5.439	-	0	-	0
=	5.439

Transatlantic Mining'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 )
=	(1.95	-	5.435)	/	5.127
=	-0.68

where

	Operating Assets		(Q: Mar. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	5.105	-	3.155
=	1.95

	Operating Liabilities		(Q: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	5.435	-	0	-	0
=	5.435

Transatlantic Mining Scaled Net Operating Assets Related Terms

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Transatlantic Mining (TSXV:TCO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Transatlantic Mining Corp (TSXV:TCO) » Definitions » Scaled Net Operating Assets

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Traded in Other Exchanges

TRRGF:USA TMSA:Germany

Address

837 West Hastings Street, Suite 400, Vancouver, BC, CAN, V6C 3N6

Website

http://www.transatlanticminingcorp.com

Transatlantic Mining Corp is a junior mineral exploration company. The company is engaged in the acquisition and exploration of mineral property interests. Some of the key properties of the company are the Golden Jubilee Project, Monitor Property and St. Lawrence Property. one reportable operating segment, which is the acquisition, exploration, and disposition of interests in mineral properties. The geographical segment of the company is the United States of America.

Executives