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Evolution Mining (Evolution Mining) Scaled Net Operating Assets : 0.83 (As of Dec. 2023)


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What is Evolution Mining 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.

Evolution Mining's operating assets for the quarter that ended in Dec. 2023 was $5,393 Mil. Evolution Mining's operating liabilities for the quarter that ended in Dec. 2023 was $1,650 Mil. Evolution Mining's Total Assets for the quarter that ended in Jun. 2023 was $4,532 Mil. Therefore, Evolution Mining's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.83.


Evolution Mining Scaled Net Operating Assets Historical Data

The historical data trend for Evolution Mining'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.

Evolution Mining Scaled Net Operating Assets Chart

Evolution Mining Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.72 0.87 0.91 1.06 0.73

Evolution Mining Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.82 0.81 0.69 0.73 0.83

Competitive Comparison of Evolution Mining's Scaled Net Operating Assets

For the Gold subindustry, Evolution Mining'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.


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

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

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



Evolution Mining 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.

Evolution Mining's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jun. 2023 )
=(Operating Assets (A: Jun. 2023 )-Operating Liabilities (A: Jun. 2023 ))/Total Assets (A: Jun. 2022 )
=(4500.832-1098.151)/4659.217
=0.73

where

Operating Assets(A: Jun. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4531.802 - 30.97
=4500.832

Operating Liabilities(A: Jun. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2320.476 - 978.167 - 244.158
=1098.151

Evolution Mining'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: Jun. 2023 )
=(5393.016-1650.128)/4531.802
=0.83

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5520.885 - 127.869
=5393.016

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2945.588 - 1270.499 - 24.961
=1650.128

* 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.


Evolution Mining Scaled Net Operating Assets Related Terms

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Evolution Mining (Evolution Mining) Business Description

Traded in Other Exchanges
Address
175 Liverpool Street, Level 24, Sydney, NSW, AUS, 2000
Evolution Mining is an Australian-based gold miner. It sold around 650,000 ounces of gold in fiscal 2023 from five wholly owned mines in Australia and Canada. Formed in 2011 via the merger of Conquest Mining and Catalpa Resources and the purchase of Newcrest Mining's Mt Rawdon and Cracow mines, Evolution has acquired more mines and sold the generally less attractive, higher-cost mines. Cowal and Mungari were bought in 2015, with an initial interest in Glencore's Ernest Henry mine following in 2016, Red Lake in Canada in 2020, and the rest of Ernest Henry in 2022. It has also agreed to buy an 80% stake in the Northparkes copper and gold mine in New South Wales, likely effective January 2024. It had roughly 13 years of gold reserves at end fiscal 2023.