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Direct Nickel (ASX:DIR) Scaled Net Operating Assets : -5.56 (As of Dec. 2014)


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What is Direct Nickel 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.

Direct Nickel's operating assets for the quarter that ended in Dec. 2014 was A$0.61 Mil. Direct Nickel's operating liabilities for the quarter that ended in Dec. 2014 was A$5.41 Mil. Direct Nickel's Total Assets for the quarter that ended in Jun. 2014 was A$0.86 Mil. Therefore, Direct Nickel's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2014 was -5.56.


Direct Nickel Scaled Net Operating Assets Historical Data

The historical data trend for Direct Nickel'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.

Direct Nickel Scaled Net Operating Assets Chart

Direct Nickel Annual Data
Trend Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.04 - - - -0.71

Direct Nickel Semi-Annual Data
Jun04 Dec04 Jun05 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14
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 - -0.25 -0.66 -3.86 -5.56

Competitive Comparison of Direct Nickel's Scaled Net Operating Assets

For the Other Industrial Metals & Mining subindustry, Direct Nickel'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.


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

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

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



Direct Nickel 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.

Direct Nickel's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2014 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jun. 2014 )
=(Operating Assets (A: Jun. 2014 )-Operating Liabilities (A: Jun. 2014 ))/Total Assets (A: Jun. 2013 )
=(0.769-6.379)/7.896
=-0.71

where

Operating Assets(A: Jun. 2014 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.863 - 0.094
=0.769

Operating Liabilities(A: Jun. 2014 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=7.367 - 0.988 - 0
=6.379

Direct Nickel's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2014 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2014 )
=(Operating Assets (Q: Dec. 2014 )-Operating Liabilities (Q: Dec. 2014 ))/Total Assets (Q: Jun. 2014 )
=(0.609-5.405)/0.863
=-5.56

where

Operating Assets(Q: Dec. 2014 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.877 - 0.268
=0.609

Operating Liabilities(Q: Dec. 2014 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6.492 - 1.087 - 0
=5.405

* 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.


Direct Nickel Scaled Net Operating Assets Related Terms

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Direct Nickel (ASX:DIR) Business Description

Traded in Other Exchanges
N/A
Address
Direct Nickel Ltd is incorporated and domiciled in Australia. The Company is engaged in the research and development of nickel processing technology within the Oceania region. The Company has operations in Sydney and Perth. It also operates in Indonesia through its subsidiary, PT Direct Nickel with offices in Jakarta and has a 50% interest in a laterite deposit in Papua New Guinea.

Direct Nickel (ASX:DIR) Headlines

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