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VAR Resources (TSXV:VAR) Scaled Net Operating Assets : 0.76 (As of Jul. 2022)


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What is VAR 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.

VAR Resources's operating assets for the quarter that ended in Jul. 2022 was C$0.48 Mil. VAR Resources's operating liabilities for the quarter that ended in Jul. 2022 was C$0.11 Mil. VAR Resources's Total Assets for the quarter that ended in Apr. 2022 was C$0.49 Mil. Therefore, VAR Resources's scaled net operating assets (SNOA) for the quarter that ended in Jul. 2022 was 0.76.


VAR Resources Scaled Net Operating Assets Historical Data

The historical data trend for VAR 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.

VAR Resources Scaled Net Operating Assets Chart

VAR Resources Annual Data
Trend Oct12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.27 -0.66 -5.87 -21.50 90.00

VAR Resources Quarterly Data
Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22
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 0.88 0.86 0.83 0.76 0.76

Competitive Comparison of VAR Resources's Scaled Net Operating Assets

For the Other Industrial Metals & Mining subindustry, VAR 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.


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

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

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



VAR 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.

VAR Resources's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Oct. 2021 is calculated as

Scaled Net Operating Assets (SNOA)(A: Oct. 2021 )
=(Operating Assets (A: Oct. 2021 )-Operating Liabilities (A: Oct. 2021 ))/Total Assets (A: Oct. 2020 )
=(0.478-0.028)/0.005
=90.00

where

Operating Assets(A: Oct. 2021 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.517 - 0.039
=0.478

Operating Liabilities(A: Oct. 2021 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.061 - 0 - 0.033
=0.028

VAR Resources's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jul. 2022 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jul. 2022 )
=(Operating Assets (Q: Jul. 2022 )-Operating Liabilities (Q: Jul. 2022 ))/Total Assets (Q: Apr. 2022 )
=(0.48-0.107)/0.493
=0.76

where

Operating Assets(Q: Jul. 2022 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.572 - 0.092
=0.48

Operating Liabilities(Q: Jul. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.14 - 0 - 0.033
=0.107

* 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.


VAR Resources Scaled Net Operating Assets Related Terms

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VAR Resources (TSXV:VAR) Business Description

Traded in Other Exchanges
N/A
Address
580 Hornby Street, Suite 588, Vancouver, BC, CAN, V6C 3B6
VAR Resources Corp is engaged in the exploration and acquisition of mineral properties.

VAR Resources (TSXV:VAR) Headlines

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