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Tocvan Ventures (XCNQ:TOC) Scaled Net Operating Assets : 0.80 (As of Feb. 2024)


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What is Tocvan Ventures 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.

Tocvan Ventures's operating assets for the quarter that ended in Feb. 2024 was C$7.42 Mil. Tocvan Ventures's operating liabilities for the quarter that ended in Feb. 2024 was C$0.96 Mil. Tocvan Ventures's Total Assets for the quarter that ended in Nov. 2023 was C$8.03 Mil. Therefore, Tocvan Ventures's scaled net operating assets (SNOA) for the quarter that ended in Feb. 2024 was 0.80.


Tocvan Ventures Scaled Net Operating Assets Historical Data

The historical data trend for Tocvan Ventures'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.

Tocvan Ventures Scaled Net Operating Assets Chart

Tocvan Ventures Annual Data
Trend Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Scaled Net Operating Assets
Get a 7-Day Free Trial 1.29 1.85 1.53 1.27 0.64

Tocvan Ventures Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.57 0.53 0.58 0.69 0.81

Competitive Comparison of Tocvan Ventures's Scaled Net Operating Assets

For the Other Industrial Metals & Mining subindustry, Tocvan Ventures'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.


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

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

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



Tocvan Ventures 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.

Tocvan Ventures's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Aug. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Aug. 2023 )
=(Operating Assets (A: Aug. 2023 )-Operating Liabilities (A: Aug. 2023 ))/Total Assets (A: Aug. 2022 )
=(6.525-1.663)/7.64
=0.64

where

Operating Assets(A: Aug. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=7.901 - 1.376
=6.525

Operating Liabilities(A: Aug. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3.621 - 0 - 1.958
=1.663

Tocvan Ventures's Scaled Net Operating Assets (SNOA) for the quarter that ended in Feb. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Feb. 2024 )
=(Operating Assets (Q: Feb. 2024 )-Operating Liabilities (Q: Feb. 2024 ))/Total Assets (Q: Nov. 2023 )
=(7.416-0.955)/8.028
=0.80

where

Operating Assets(Q: Feb. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=7.838 - 0.422
=7.416

Operating Liabilities(Q: Feb. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.618 - 0 - 0.663
=0.955

* 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.


Tocvan Ventures Scaled Net Operating Assets Related Terms

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Tocvan Ventures (XCNQ:TOC) Business Description

Traded in Other Exchanges
Address
1130 West Pender Street, Suite 820, Vancouver, BC, CAN, V6E 4A4
Tocvan Ventures Corp is engaged in the evaluation, acquisition, and exploration of mineral resource properties. The firm's projects includes, El Picacho and Pilar Gold Project.
Executives
Brodie Alan Sutherland Director

Tocvan Ventures (XCNQ:TOC) Headlines

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