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Hastings Technology Metals (ASX:HAS) Scaled Net Operating Assets

: 0.82 (As of Dec. 2023)
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Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Hastings Technology Metals's operating assets for the quarter that ended in Dec. 2023 was A$426.91 Mil. Hastings Technology Metals's operating liabilities for the quarter that ended in Dec. 2023 was A$20.82 Mil. Hastings Technology Metals's Total Assets for the quarter that ended in Jun. 2023 was A$493.42 Mil. Therefore, Hastings Technology Metals's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.82.


Hastings Technology Metals Scaled Net Operating Assets Historical Data

The historical data trend for Hastings Technology 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.

Hastings Technology Metals Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Scaled Net Operating Assets
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.07 0.95 0.98 0.66 1.18

Hastings Technology Metals Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Scaled Net Operating Assets 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 Premium Member Only Premium Member Only Premium Member Only 0.55 0.66 0.90 0.72 0.82

Competitive Comparison

For the Other Industrial Metals & Mining subindustry, Hastings Technology 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.


Hastings Technology Metals Scaled Net Operating Assets Distribution

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

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



Hastings Technology 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.

Hastings Technology Metals's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jun. 2023 )
=(Operating Assets (A: Jun. 2023 )-Operating Liabilities (A: Jun. 2023 ))/Total Assets (A: Jun. 2022 )
=(394.778-43.454)/298.338
=1.18

where

Operating Assets(A: Jun. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=493.422 - 98.644
=394.778

Operating Liabilities(A: Jun. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=178.25 - 133.982 - 0.814
=43.454

Hastings Technology Metals's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2023 )
=(Operating Assets (Q: Dec. 2023 )-Operating Liabilities (Q: Dec. 2023 ))/Total Assets (Q: Jun. 2023 )
=(426.912-20.824)/493.422
=0.82

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=465.669 - 38.757
=426.912

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=171.728 - 150.101 - 0.803
=20.824

* 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.


Hastings Technology Metals Scaled Net Operating Assets Related Terms

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Hastings Technology Metals (ASX:HAS) Business Description

Traded in Other Exchanges
Address
197 St Georges Terrace, Level 6, Perth, WA, AUS, 6000
Hastings Technology Metals Ltd engages in the exploration of rare earth metals and natural resources. It holds interests in the Yangibana rare earth project located in the Gascoyne region of Western Australia covering an area of approximately 650 square kilometres; and the Brockman project located in the East Kimberley region of Western Australia which comprises resources of the rare metals zircon, niobium and tantalum, and the heavy rare earth yttrium.