Veris Gold (Veris Gold) Scaled Net Operating Assets : 0.40 (As of Sep. 2014)

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What is Veris Gold 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.

Veris Gold's operating assets for the quarter that ended in Sep. 2014 was $298.8 Mil. Veris Gold's operating liabilities for the quarter that ended in Sep. 2014 was $177.5 Mil. Veris Gold's Total Assets for the quarter that ended in Jun. 2014 was $307.2 Mil. Therefore, Veris Gold's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2014 was 0.40.

Veris Gold Scaled Net Operating Assets Historical Data

The historical data trend for Veris Gold'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.

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Veris Gold Scaled Net Operating Assets Chart

Veris Gold Annual Data

Trend

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Scaled Net Operating Assets

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0.50

-0.24

0.39

0.30

0.41

Veris Gold Quarterly Data
	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14
Scaled Net Operating Assets	Get a 7-Day Free Trial															0.32	0.41	0.42	0.40	0.40

Competitive Comparison of Veris Gold's Scaled Net Operating Assets

For the Gold subindustry, Veris Gold'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.

Veris Gold's Scaled Net Operating Assets Distribution in the Metals & Mining Industry

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

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

Veris Gold 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.

Veris Gold's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2013 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2013 )
=	(Operating Assets (A: Dec. 2013 )	-	Operating Liabilities (A: Dec. 2013 ))	/	Total Assets (A: Dec. 2012 )
=	(311.79	-	167.929)	/	348.459
=	0.41

where

	Operating Assets		(A: Dec. 2013 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	312.951	-	1.161
=	311.79

	Operating Liabilities		(A: Dec. 2013 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	266.466	-	8.054	-	90.483
=	167.929

Veris Gold's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2014 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Sep. 2014 )
=	(Operating Assets (Q: Sep. 2014 )	-	Operating Liabilities (Q: Sep. 2014 ))	/	Total Assets (Q: Jun. 2014 )
=	(298.816	-	177.484)	/	307.163
=	0.40

where

	Operating Assets		(Q: Sep. 2014 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	302.556	-	3.74
=	298.816

	Operating Liabilities		(Q: Sep. 2014 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	285.118	-	0.649	-	106.985
=	177.484

Veris Gold Scaled Net Operating Assets Related Terms

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Veris Gold (Veris Gold) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Veris Gold Corp (OTCPK:YNGFF) » Definitions » Scaled Net Operating Assets

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Traded in Other Exchanges

N/A

Address

688 West Hastings Street, Suite 900, Vancouver, BC, CAN, V6B 1P1

Website

http://www.verisgold.com

Veris Gold Corp is a Canadian based company engaged in the gold mining activities. It is engaged in the mining, exploration, and development of mineral properties located in Canada and the United States. The company primarily holds an interest in Jerritt Canyon gold mine located in Elko, Nevada; and the Ketza River property located in the Yukon Territory in Canada. Veris primarily explores for gold, silver, zinc, and copper properties.

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