GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » ProAm Explorations Corp (TSXV:PMX) » Definitions » Scaled Net Operating Assets

ProAm Explorations (TSXV:PMX) Scaled Net Operating Assets : 0.49 (As of Dec. 2023)


View and export this data going back to 1978. Start your Free Trial

What is ProAm Explorations 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.

ProAm Explorations's operating assets for the quarter that ended in Dec. 2023 was C$0.52 Mil. ProAm Explorations's operating liabilities for the quarter that ended in Dec. 2023 was C$0.08 Mil. ProAm Explorations's Total Assets for the quarter that ended in Sep. 2023 was C$0.91 Mil. Therefore, ProAm Explorations's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.49.


ProAm Explorations Scaled Net Operating Assets Historical Data

The historical data trend for ProAm Explorations'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.

ProAm Explorations Scaled Net Operating Assets Chart

ProAm Explorations 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 0.53 1.15 0.76 0.75 0.47

ProAm Explorations 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 0.81 0.73 0.75 0.81 0.49

Competitive Comparison of ProAm Explorations's Scaled Net Operating Assets

For the Oil & Gas E&P subindustry, ProAm Explorations'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.


ProAm Explorations's Scaled Net Operating Assets Distribution in the Oil & Gas Industry

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

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



ProAm Explorations 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.

ProAm Explorations'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 )
=(0.518-0.075)/0.935
=0.47

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.621 - 0.103
=0.518

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.124 - 0 - 0.049
=0.075

ProAm Explorations'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 )
=(0.518-0.075)/0.911
=0.49

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.621 - 0.103
=0.518

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.124 - 0 - 0.049
=0.075

* 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.


ProAm Explorations Scaled Net Operating Assets Related Terms

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


ProAm Explorations (TSXV:PMX) Business Description

Industry
Traded in Other Exchanges
N/A
Address
867 West 3rd Street, North Vancouver, Vancouver, BC, CAN, V7P 1E2
Website
ProAm Explorations Corp is a junior mineral and oil and natural gas exploration and development company. It operates in Canada and the United States. Mineral exploration is focused in the USA Canada while little oil and natural gas activity has been pursued. The company is a junior exploration company putting its emphasis on mineral properties as economic conditions in natural gas markets have been unsettled. It has a single operating segment the acquisition, exploration and development of resource properties.
Executives
Glencoe-macdonald Holdings Ltd. 10% Security Holder
Donald Leo Macdonald Senior Officer
Macdonald Maureen Director or Senior Officer of 10% Security Holder

ProAm Explorations (TSXV:PMX) Headlines