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Portofino Resources (Portofino Resources) Scaled Net Operating Assets : -3.51 (As of Feb. 2024)


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What is Portofino 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.

Portofino Resources's operating assets for the quarter that ended in Feb. 2024 was $0.07 Mil. Portofino Resources's operating liabilities for the quarter that ended in Feb. 2024 was $0.72 Mil. Portofino Resources's Total Assets for the quarter that ended in Nov. 2023 was $0.19 Mil. Therefore, Portofino Resources's scaled net operating assets (SNOA) for the quarter that ended in Feb. 2024 was -3.51.


Portofino Resources Scaled Net Operating Assets Historical Data

The historical data trend for Portofino 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.

Portofino Resources Scaled Net Operating Assets Chart

Portofino Resources Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.50 -0.11 0.54 -0.05 -1.87

Portofino Resources Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 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 0.37 -0.92 -1.77 -2.51 -3.51

Competitive Comparison of Portofino Resources's Scaled Net Operating Assets

For the Other Industrial Metals & Mining subindustry, Portofino 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.


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

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

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



Portofino 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.

Portofino Resources'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: May. 2022 )
=(0.158-0.56)/0.215
=-1.87

where

Operating Assets(A: May. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.262 - 0.104
=0.158

Portofino Resources'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 )
=(0.065-0.721)/0.187
=-3.51

where

Operating Assets(Q: Feb. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.121 - 0.056
=0.065

Operating Liabilities(Q: Feb. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.721 - 0 - 0
=0.721

* 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.


Portofino Resources Scaled Net Operating Assets Related Terms

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Portofino Resources (Portofino Resources) Business Description

Traded in Other Exchanges
Address
470 Granville Street, Suite 520, Vancouver, BC, CAN, V6C 1V5
Portofino Resources Inc is engaged in the acquisition, exploration, and development of mineral property assets in the Americas. Its South of Otter and Bruce Lake projects are in the historic gold mining district of Red Lake, Ontario. In addition, it holds 100% interest in three Northwestern Ontario gold projects; the Gold Creek property, Sapawe West property and Melema West property located near Atikokan. It also shows interest in the Yergo Lithium Brine Project.

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