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Grange Resources (Grange Resources) Scaled Net Operating Assets : 0.66 (As of Dec. 2023)


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What is Grange Resources 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.

Grange Resources's operating assets for the quarter that ended in Dec. 2023 was $643.6 Mil. Grange Resources's operating liabilities for the quarter that ended in Dec. 2023 was $141.0 Mil. Grange Resources's Total Assets for the quarter that ended in Jun. 2023 was $759.0 Mil. Therefore, Grange Resources's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.66.


Grange Resources Scaled Net Operating Assets Historical Data

The historical data trend for Grange Resources'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.

Grange Resources Scaled Net Operating Assets Chart

Grange Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.61 0.84 0.46 0.51 0.68

Grange Resources 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 0.37 0.54 0.55 0.77 0.66

Competitive Comparison of Grange Resources's Scaled Net Operating Assets

For the Other Industrial Metals & Mining subindustry, Grange Resources'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.


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

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

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



Grange Resources 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.

Grange Resources'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 )
=(643.6-140.967)/741.038
=0.68

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=832.761 - 189.161
=643.6

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=142.449 - 0.517 - 0.965
=140.967

Grange Resources'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 )
=(643.6-140.967)/758.95
=0.66

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=832.761 - 189.161
=643.6

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=142.449 - 0.517 - 0.965
=140.967

* 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.


Grange Resources Scaled Net Operating Assets Related Terms

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Grange Resources (Grange Resources) Business Description

Traded in Other Exchanges
Address
34A Alexander Street, Burnie, TAS, AUS, 7320
Grange Resources Ltd is engaged in the exploration, evaluation, and development of mineral resources and iron ore mining operations. Its projects include the Southdown Magnetite and associated Pellet Plant Projects. The Group has two reportable segments: Exploration, evaluation, and development of mineral resources and iron ore mining operations; and Development and construction of housing units.

Grange Resources (Grange Resources) Headlines