Abcourt Mines (TSXV:ABI) Scaled Net Operating Assets : -0.28 (As of Dec. 2023)

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What is Abcourt Mines 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.

Abcourt Mines's operating assets for the quarter that ended in Dec. 2023 was C$12.93 Mil. Abcourt Mines's operating liabilities for the quarter that ended in Dec. 2023 was C$17.52 Mil. Abcourt Mines's Total Assets for the quarter that ended in Sep. 2023 was C$16.59 Mil. Therefore, Abcourt Mines's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was -0.28.

Abcourt Mines Scaled Net Operating Assets Historical Data

The historical data trend for Abcourt Mines'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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Abcourt Mines Scaled Net Operating Assets Chart

Abcourt Mines Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Scaled Net Operating Assets

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0.67

0.70

0.35

-0.04

-0.08

Abcourt Mines Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Scaled Net Operating Assets	Get a 7-Day Free Trial															0.34	0.37	-0.04	-0.11	-0.28

Competitive Comparison of Abcourt Mines's Scaled Net Operating Assets

For the Gold subindustry, Abcourt Mines'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.

Abcourt Mines's Scaled Net Operating Assets Distribution in the Metals & Mining Industry

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

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

Abcourt Mines 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.

Abcourt Mines'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 )
=	(16.437	-	17.415)	/	12.288
=	-0.08

where

	Operating Assets		(A: Jun. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	17.401	-	0.964
=	16.437

	Operating Liabilities		(A: Jun. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	19.269	-	0.333	-	1.521
=	17.415

Abcourt Mines'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: Sep. 2023 )
=	(12.928	-	17.517)	/	16.589
=	-0.28

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	14.179	-	1.251
=	12.928

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	19.084	-	0.2	-	1.367
=	17.517

Abcourt Mines Scaled Net Operating Assets Related Terms

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Abcourt Mines (TSXV:ABI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Abcourt Mines Inc (TSXV:ABI) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

ABMBF:USA AML:Germany

Address

475 de l’Eglise Avenue, Rouyn-Noranda, QC, CAN, J0Z 1Y1

Website

http://www.abcourt.com

Abcourt Mines Inc is a gold producer and Canadian exploration company. It is engaged in the acquisition, exploration, evaluation, and exploitation of mining properties. The company's operating segment include Mining site in production; Prospection and development and Corporate. It generates maximum revenue from the Mining site in production segment.

Executives

Normand Hinse

Director

Abcourt Mines (TSXV:ABI) Headlines

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