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Newfoundland Discovery (XCNQ:NEWD) Scaled Net Operating Assets : 0.90 (As of Jan. 2024)


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What is Newfoundland Discovery 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.

Newfoundland Discovery's operating assets for the quarter that ended in Jan. 2024 was C$11.26 Mil. Newfoundland Discovery's operating liabilities for the quarter that ended in Jan. 2024 was C$0.32 Mil. Newfoundland Discovery's Total Assets for the quarter that ended in Oct. 2023 was C$12.20 Mil. Therefore, Newfoundland Discovery's scaled net operating assets (SNOA) for the quarter that ended in Jan. 2024 was 0.90.


Newfoundland Discovery Scaled Net Operating Assets Historical Data

The historical data trend for Newfoundland Discovery'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.

Newfoundland Discovery Scaled Net Operating Assets Chart

Newfoundland Discovery Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.86 0.98 1.27 1.19 1.04

Newfoundland Discovery Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 1.16 0.86 0.87 0.87 0.90

Competitive Comparison of Newfoundland Discovery's Scaled Net Operating Assets

For the Gold subindustry, Newfoundland Discovery'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.


Newfoundland Discovery's Scaled Net Operating Assets Distribution in the Metals & Mining Industry

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

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



Newfoundland Discovery 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.

Newfoundland Discovery's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Apr. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Apr. 2023 )
=(Operating Assets (A: Apr. 2023 )-Operating Liabilities (A: Apr. 2023 ))/Total Assets (A: Apr. 2022 )
=(13.297-0.571)/12.258
=1.04

where

Operating Assets(A: Apr. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=14.103 - 0.806
=13.297

Operating Liabilities(A: Apr. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.571 - 0 - 0
=0.571

Newfoundland Discovery's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jan. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jan. 2024 )
=(Operating Assets (Q: Jan. 2024 )-Operating Liabilities (Q: Jan. 2024 ))/Total Assets (Q: Oct. 2023 )
=(11.256-0.318)/12.201
=0.90

where

Operating Assets(Q: Jan. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=11.401 - 0.145
=11.256

Operating Liabilities(Q: Jan. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.318 - 0 - 0
=0.318

* 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.


Newfoundland Discovery Scaled Net Operating Assets Related Terms

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Newfoundland Discovery (XCNQ:NEWD) Business Description

Traded in Other Exchanges
Address
838 West Hastings Street,, Suite 700, Vancouver, BC, CAN, V6C 0A6
Newfoundland Discovery Corp is a junior mining exploration company. Its projects include the Grup Property, Bursey Property, Rodger's Cove Property, Johnathan's Pond Properties, Eastern Point Property, Wigwam Property, Goldson Gold Property, and the Southwest Pond Gold Property in Newfoundland; the Northbound Property, Northbound Extension, Southern Star Property, Valentine Mountain Property, Bouvier Property and the Chubb Lithium Property in Quebec.

Newfoundland Discovery (XCNQ:NEWD) Headlines

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