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South Pacific Metals (TSXV:SPMC) Scaled Net Operating Assets : 0.79 (As of Mar. 2024)


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What is South Pacific Metals 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.

South Pacific Metals's operating assets for the quarter that ended in Mar. 2024 was C$13.89 Mil. South Pacific Metals's operating liabilities for the quarter that ended in Mar. 2024 was C$1.83 Mil. South Pacific Metals's Total Assets for the quarter that ended in Dec. 2023 was C$15.29 Mil. Therefore, South Pacific Metals's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.79.


South Pacific Metals Scaled Net Operating Assets Historical Data

The historical data trend for South Pacific Metals'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.

South Pacific Metals Scaled Net Operating Assets Chart

South Pacific Metals Annual Data
Trend Nov20 Dec22 Dec23
Scaled Net Operating Assets
0.75 2.00 1.06

South Pacific Metals Quarterly Data
Feb20 Jun20 Nov20 Feb21 Jun21 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.92 0.83 0.86 0.94 0.79

Competitive Comparison of South Pacific Metals's Scaled Net Operating Assets

For the Gold subindustry, South Pacific Metals'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.


South Pacific Metals's Scaled Net Operating Assets Distribution in the Metals & Mining Industry

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

* The bar in red indicates where South Pacific Metals's Scaled Net Operating Assets falls into.



South Pacific Metals 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.

South Pacific Metals'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 )
=(13.482-2.546)/10.337
=1.06

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=15.286 - 1.804
=13.482

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4.257 - 0.938 - 0.773
=2.546

South Pacific Metals's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2024 )
=(Operating Assets (Q: Mar. 2024 )-Operating Liabilities (Q: Mar. 2024 ))/Total Assets (Q: Dec. 2023 )
=(13.886-1.834)/15.286
=0.79

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=14.502 - 0.616
=13.886

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.834 - 0 - 0
=1.834

* 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.


South Pacific Metals Scaled Net Operating Assets Related Terms

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South Pacific Metals (TSXV:SPMC) Business Description

Traded in Other Exchanges
Address
550 Burrard Street, Suite 2900, Vancouver, BC, CAN, V6C 0A3
Kainantu Resources Ltd is an Asia-Pacific-focused gold mining company engaged in the acquisition, exploration and development of exploration and evaluation assets in PNG. Its projects are KRL North and South and May River project. It has one operating segment which is the acquisition, exploration and development of exploration and evaluation assets in PNG.

South Pacific Metals (TSXV:SPMC) Headlines

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