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KO Gold (XCNQ:KOG) Scaled Net Operating Assets : -0.41 (As of Dec. 2023)


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What is KO 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.

KO Gold's operating assets for the quarter that ended in Dec. 2023 was C$0.06 Mil. KO Gold's operating liabilities for the quarter that ended in Dec. 2023 was C$0.20 Mil. KO Gold's Total Assets for the quarter that ended in Sep. 2023 was C$0.36 Mil. Therefore, KO Gold's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was -0.41.


KO Gold Scaled Net Operating Assets Historical Data

The historical data trend for KO 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.

KO Gold Scaled Net Operating Assets Chart

KO Gold Annual Data
Trend Mar21 Mar22 Mar23
Scaled Net Operating Assets
-0.20 -0.57 -1.92

KO Gold Quarterly Data
Mar21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.29 -0.13 0.09 -0.41

Competitive Comparison of KO Gold's Scaled Net Operating Assets

For the Gold subindustry, KO 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.


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

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

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



KO 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.

KO Gold's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2023 )
=(Operating Assets (A: Mar. 2023 )-Operating Liabilities (A: Mar. 2023 ))/Total Assets (A: Mar. 2022 )
=(0.045-0.143)/0.051
=-1.92

where

Operating Assets(A: Mar. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.556 - 0.511
=0.045

Operating Liabilities(A: Mar. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.143 - 0 - 0
=0.143

KO Gold's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2023 )
=(Operating Assets (Q: Dec. 2023 )-Operating Liabilities (Q: Dec. 2023 ))/Total Assets (Q: Sep. 2023 )
=(0.056-0.203)/0.362
=-0.41

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.225 - 0.169
=0.056

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.263 - 0 - 0.06
=0.203

* 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.


KO Gold Scaled Net Operating Assets Related Terms

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KO Gold (XCNQ:KOG) Business Description

Traded in Other Exchanges
N/A
Address
217 Queen Street West, Suite 401, Toronto, ON, CAN, M5V 0R2
KO Gold Inc is an exploration company? focused on exploring the Otago Gold District on the South Island of New Zealand. Its Gold projects include Smylers Gold Project, Tokomairiro, Carrick, Hyde, and Rough Ridge South.

KO Gold (XCNQ:KOG) Headlines

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