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Noble Mineral Exploration (Noble Mineral Exploration) Scaled Net Operating Assets : 0.49 (As of Feb. 2024)


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What is Noble Mineral Exploration 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.

Noble Mineral Exploration's operating assets for the quarter that ended in Feb. 2024 was $4.31 Mil. Noble Mineral Exploration's operating liabilities for the quarter that ended in Feb. 2024 was $0.83 Mil. Noble Mineral Exploration's Total Assets for the quarter that ended in Nov. 2023 was $7.02 Mil. Therefore, Noble Mineral Exploration's scaled net operating assets (SNOA) for the quarter that ended in Feb. 2024 was 0.49.


Noble Mineral Exploration Scaled Net Operating Assets Historical Data

The historical data trend for Noble Mineral Exploration'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.

Noble Mineral Exploration Scaled Net Operating Assets Chart

Noble Mineral Exploration Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.65 0.57 0.38 0.18 0.37

Noble Mineral Exploration Quarterly Data
Aug18 Nov18 Feb19 May19 Aug19 Nov19 Aug20 Nov20 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.35 0.39 0.47 0.47 0.50

Competitive Comparison of Noble Mineral Exploration's Scaled Net Operating Assets

For the Other Industrial Metals & Mining subindustry, Noble Mineral Exploration'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.


Noble Mineral Exploration's Scaled Net Operating Assets Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Noble Mineral Exploration's Scaled Net Operating Assets falls into.



Noble Mineral Exploration 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.

Noble Mineral Exploration's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Aug. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Aug. 2023 )
=(Operating Assets (A: Aug. 2023 )-Operating Liabilities (A: Aug. 2023 ))/Total Assets (A: Aug. 2022 )
=(3.654-0.304)/8.985
=0.37

where

Operating Assets(A: Aug. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=7.224 - 3.57
=3.654

Operating Liabilities(A: Aug. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.304 - 0 - 0
=0.304

Noble Mineral Exploration's Scaled Net Operating Assets (SNOA) for the quarter that ended in Feb. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Feb. 2024 )
=(Operating Assets (Q: Feb. 2024 )-Operating Liabilities (Q: Feb. 2024 ))/Total Assets (Q: Nov. 2023 )
=(4.306-0.83)/7.023
=0.49

where

Operating Assets(Q: Feb. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=9.006 - 4.7
=4.306

* 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.


Noble Mineral Exploration Scaled Net Operating Assets Related Terms

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Noble Mineral Exploration (Noble Mineral Exploration) Business Description

Traded in Other Exchanges
N/A
Address
120 Adelaide Street West, Suite 2500, Toronto, ON, CAN, M5H 1T1
Noble Mineral Exploration Inc is a Canadian-based junior exploration company that is engaged in the mineral exploration and evaluation business. The company's projects include Project 81, Holdsworth Property, and other projects. It has exploration and development interests in Northern Ontario and Quebec that are drill-ready. The company has a single reporting operating segment engaged in the exploration and evaluation of mineral resource.