Southern Cross Gold (ASX:SXG) Scaled Net Operating Assets : 0.66 (As of Nov. 2023)

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What is Southern Cross 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.

Southern Cross Gold's operating assets for the quarter that ended in Nov. 2023 was A$22.98 Mil. Southern Cross Gold's operating liabilities for the quarter that ended in Nov. 2023 was A$1.44 Mil. Southern Cross Gold's Total Assets for the quarter that ended in May. 2023 was A$32.76 Mil. Therefore, Southern Cross Gold's scaled net operating assets (SNOA) for the quarter that ended in Nov. 2023 was 0.66.

Southern Cross Gold Scaled Net Operating Assets Historical Data

The historical data trend for Southern Cross 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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Southern Cross Gold Scaled Net Operating Assets Chart

Southern Cross Gold Annual Data

Trend

May23

Scaled Net Operating Assets

0.50

Southern Cross Gold Semi-Annual Data
	Dec21	Nov22	May23	Nov23
Scaled Net Operating Assets	0.46	0.71	0.49	0.66

Competitive Comparison of Southern Cross Gold's Scaled Net Operating Assets

For the Gold subindustry, Southern Cross 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.

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

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

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

Southern Cross 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.

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

	Scaled Net Operating Assets (SNOA)		(A: May. 2023 )
=	(Operating Assets (A: May. 2023 )	-	Operating Liabilities (A: May. 2023 ))	/	Total Assets (A: . 20 )
=	(	-	)	/
=

where

	Operating Assets		(A: May. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=		-
=

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

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

	Scaled Net Operating Assets (SNOA)		(Q: Nov. 2023 )
=	(Operating Assets (Q: Nov. 2023 )	-	Operating Liabilities (Q: Nov. 2023 ))	/	Total Assets (Q: May. 2023 )
=	(22.979	-	1.435)	/	32.758
=	0.66

where

	Operating Assets		(Q: Nov. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	30.931	-	7.952
=	22.979

	Operating Liabilities		(Q: Nov. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	1.435	-	0	-	0
=	1.435

Southern Cross Gold Scaled Net Operating Assets Related Terms

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Southern Cross Gold (ASX:SXG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Southern Cross Gold Ltd (ASX:SXG) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

459 Collins Street, Level 21, Melbourne, VIC, AUS, 3000

Website

https://www.southerncrossgold.com.au

Southern Cross Gold Ltd is a mining exploration company focused on gold exploration with projects in Victoria and Queensland, Australia. Its projects include Sunday Creek, Whroo, Redcastle, and Mt Isa.

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