African Gold (STU:8XJ) Scaled Net Operating Assets : 0.61 (As of Jun. 2024)

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What is African 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.

African Gold's operating assets for the quarter that ended in Jun. 2024 was €4.82 Mil. African Gold's operating liabilities for the quarter that ended in Jun. 2024 was €0.58 Mil. African Gold's Total Assets for the quarter that ended in Dec. 2023 was €6.92 Mil. Therefore, African Gold's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2024 was 0.61.

African Gold Scaled Net Operating Assets Historical Data

The historical data trend for African 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.

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African Gold Scaled Net Operating Assets Chart

African Gold Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Scaled Net Operating Assets

0.61

0.80

1.21

0.81

0.86

African Gold Semi-Annual Data
	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Scaled Net Operating Assets	Get a 7-Day Free Trial						0.82	0.89	0.90	0.87	0.61

Competitive Comparison of African Gold's Scaled Net Operating Assets

For the Other Industrial Metals & Mining subindustry, African 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.

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

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

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

African 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.

African 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 )
=	(6.864	-	0.499)	/	7.425
=	0.86

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	6.916	-	0.052
=	6.864

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	0.591	-	0	-	0.092
=	0.499

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

	Scaled Net Operating Assets (SNOA)		(Q: Jun. 2024 )
=	(Operating Assets (Q: Jun. 2024 )	-	Operating Liabilities (Q: Jun. 2024 ))	/	Total Assets (Q: Dec. 2023 )
=	(4.815	-	0.578)	/	6.916
=	0.61

where

	Operating Assets		(Q: Jun. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	5.362	-	0.547
=	4.815

	Operating Liabilities		(Q: Jun. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	0.846	-	0	-	0.268
=	0.578

African Gold Scaled Net Operating Assets Related Terms

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African Gold Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » African Gold Ltd (STU:8XJ) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

A1G:Australia

Address

513 Hay Street, Level 1, Suite 23, Subiaco, WA, AUS, 6008

Website

https://www.african-gold.com

African Gold Ltd is involved in exploration and evaluation of mineral resources and pursuing various investment opportunities in the resources sector designed to add shareholder value by acquiring, exploring, evaluating and exploiting mineral resource project opportunities in Africa. The company's operating segment includes Exploration and evaluation of Minerals in Cote d'Ivoire and Exploration and evaluation of Minerals in Mali.

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