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Usha Resources (TSXV:USHA) Scaled Net Operating Assets : 1.14 (As of Jun. 2024)


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What is Usha 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.

Usha Resources's operating assets for the quarter that ended in Jun. 2024 was C$6.61 Mil. Usha Resources's operating liabilities for the quarter that ended in Jun. 2024 was C$0.28 Mil. Usha Resources's Total Assets for the quarter that ended in Dec. 2023 was C$5.56 Mil. Therefore, Usha Resources's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2024 was 1.14.


Usha Resources Scaled Net Operating Assets Historical Data

The historical data trend for Usha 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.

Usha Resources Scaled Net Operating Assets Chart

Usha Resources Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Scaled Net Operating Assets
Get a 7-Day Free Trial -0.27 0.60 1.48 0.94 1.80

Usha Resources Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24
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 1.00 - - 0.78 1.14

Competitive Comparison of Usha Resources's Scaled Net Operating Assets

For the Other Industrial Metals & Mining subindustry, Usha 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.


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

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

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



Usha 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.

Usha Resources's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2023 )
=(Operating Assets (A: Mar. 2023 )-Operating Liabilities (A: Mar. 2023 ))/Total Assets (A: Mar. 2022 )
=(4.405-0.102)/2.387
=1.80

where

Operating Assets(A: Mar. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6.944 - 2.539
=4.405

Operating Liabilities(A: Mar. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.102 - 0 - 0
=0.102

Usha Resources's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2024 )
=(Operating Assets (Q: Jun. 2024 )-Operating Liabilities (Q: Jun. 2024 ))/Total Assets (Q: Dec. 2023 )
=(6.608-0.283)/5.562
=1.14

where

Operating Assets(Q: Jun. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=7.671 - 1.063
=6.608

Operating Liabilities(Q: Jun. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.283 - 0 - 0
=0.283

* 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.


Usha Resources Scaled Net Operating Assets Related Terms

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Usha Resources Business Description

Traded in Other Exchanges
Address
1575 Kamloops Street, Vancouver, BC, CAN, V5K 3W1
Usha Resources Ltd is a mineral acquisition and exploration company focused on the development of quality battery metal properties that are drill-ready with high-upside and expansion potential. It is engaged in acquiring and exploring interests in mineral properties located in North America. The company's portfolio includes Jackpot Lake, a lithium brine project in Nevada, and six lithium pegmatite projects in Ontario: White Willow, Triangle Lake, Gathering Lake, Lee Lake, Bluett, and Mead project.
Executives
Deepak Varshney 10% Security Holder, Director, Senior Officer
Navin Kumar Varshney Director
Leif Smither Director

Usha Resources Headlines

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