Arras Minerals (TSXV:ARK) Scaled Net Operating Assets : 0.81 (As of Jan. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Arras Minerals 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.

Arras Minerals's operating assets for the quarter that ended in Jan. 2024 was C$8.43 Mil. Arras Minerals's operating liabilities for the quarter that ended in Jan. 2024 was C$1.31 Mil. Arras Minerals's Total Assets for the quarter that ended in Oct. 2023 was C$8.80 Mil. Therefore, Arras Minerals's scaled net operating assets (SNOA) for the quarter that ended in Jan. 2024 was 0.81.

Arras Minerals Scaled Net Operating Assets Historical Data

The historical data trend for Arras Minerals'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.

Arras Minerals Scaled Net Operating Assets Chart

Arras Minerals Annual Data

Trend

Oct21

Oct22

Oct23

Scaled Net Operating Assets

0.44

0.81

0.84

Arras Minerals Quarterly Data
	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Scaled Net Operating Assets	Get a 7-Day Free Trial							0.84	0.57	0.66	0.79	0.81

Competitive Comparison of Arras Minerals's Scaled Net Operating Assets

For the Other Precious Metals & Mining subindustry, Arras Minerals'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.

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

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

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

Arras Minerals 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.

Arras Minerals's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Oct. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Oct. 2023 )
=	(Operating Assets (A: Oct. 2023 )	-	Operating Liabilities (A: Oct. 2023 ))	/	Total Assets (A: Oct. 2022 )
=	(8.404	-	0.79)	/	9.105
=	0.84

where

	Operating Assets		(A: Oct. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	8.803	-	0.399
=	8.404

	Operating Liabilities		(A: Oct. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	1.068	-	0.171	-	0.107
=	0.79

Arras Minerals's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jan. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Jan. 2024 )
=	(Operating Assets (Q: Jan. 2024 )	-	Operating Liabilities (Q: Jan. 2024 ))	/	Total Assets (Q: Oct. 2023 )
=	(8.427	-	1.311)	/	8.803
=	0.81

where

	Operating Assets		(Q: Jan. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	9.423	-	0.996
=	8.427

	Operating Liabilities		(Q: Jan. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	1.558	-	0.14	-	0.107
=	1.311

Arras Minerals Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of Arras Minerals's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Arras Minerals (TSXV:ARK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Arras Minerals Corp (TSXV:ARK) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

ARRKF:USA

Address

777 Dunsmuir Street, Suite 1605, PO Box 10414, Vancouver, BC, CAN, V7Y 1K4

Website

https://www.arrasminerals.com

Arras Minerals Corp is engaged in the acquisition, exploration, and development of mineral property interests. The company's assets consist of the option to acquire a 100% interest in the Beskauga property (Beskauga) in Kazakhstan. It engages in advancing a portfolio of copper and gold assets in northeastern Kazakhstan, including the Option Agreement on the Beskauga copper and gold project.

Executives

Darren Ervin Charles Klinck

Senior Officer

Arras Minerals (TSXV:ARK) Headlines

No Headlines