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McChip Resources (TSXV:MCS) Scaled Net Operating Assets : 0.13 (As of Dec. 2023)


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What is McChip 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.

McChip Resources's operating assets for the quarter that ended in Dec. 2023 was C$1.50 Mil. McChip Resources's operating liabilities for the quarter that ended in Dec. 2023 was C$0.28 Mil. McChip Resources's Total Assets for the quarter that ended in Sep. 2023 was C$9.35 Mil. Therefore, McChip Resources's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.13.


McChip Resources Scaled Net Operating Assets Historical Data

The historical data trend for McChip 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.

McChip Resources Scaled Net Operating Assets Chart

McChip 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 0.23 0.23 0.21 0.14 0.13

McChip Resources Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.15 0.14 0.13 0.11 0.13

Competitive Comparison of McChip Resources's Scaled Net Operating Assets

For the Oil & Gas E&P subindustry, McChip 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.


McChip Resources's Scaled Net Operating Assets Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, McChip Resources's Scaled Net Operating Assets distribution charts can be found below:

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



McChip 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.

McChip 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 )
=(1.5-0.275)/9.802
=0.12

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=10.344 - 8.844
=1.5

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2.098 - 0.018 - 1.805
=0.275

McChip 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: Sep. 2023 )
=(1.5-0.275)/9.346
=0.13

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=10.344 - 8.844
=1.5

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2.098 - 0.018 - 1.805
=0.275

* 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.


McChip Resources Scaled Net Operating Assets Related Terms

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McChip Resources (TSXV:MCS) Business Description

Industry
Traded in Other Exchanges
Address
130 Adelaide Street West, Suite 1910, Box 18 - Richmond Adelaide Centre, Toronto, ON, CAN, M5H 3P5
Website
McChip Resources Inc is engaged in the natural resource industry. The company invests in petroleum interests in Western Canada, as well as direct and indirect interests in minerals.
Executives
Richard Duncan Mccloskey Director, Senior Officer