Atco Mining (XCNQ:ATCM) Scaled Net Operating Assets

: 0.38 (As of Sep. 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.

Atco Mining's operating assets for the quarter that ended in Sep. 2023 was C$0.58 Mil. Atco Mining's operating liabilities for the quarter that ended in Sep. 2023 was C$0.04 Mil. Atco Mining's Total Assets for the quarter that ended in Jun. 2023 was C$1.44 Mil. Therefore, Atco Mining's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2023 was 0.38.

Atco Mining Scaled Net Operating Assets Historical Data

The historical data trend for Atco Mining'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.

Atco Mining Annual Data

Trend

Dec21

Dec22

Scaled Net Operating Assets

0.24

1.08

Atco Mining Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Scaled Net Operating Assets					-	1.14	0.56	0.36	0.38

Competitive Comparison

For the Other Industrial Metals & Mining subindustry, Atco Mining'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.

Atco Mining Scaled Net Operating Assets Distribution

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

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

Atco Mining 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.

Atco Mining's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2022 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2022 )
=	(Operating Assets (A: Dec. 2022 )	-	Operating Liabilities (A: Dec. 2022 ))	/	Total Assets (A: Dec. 2021 )
=	(0.585	-	0.097)	/	0.454
=	1.07

where

	Operating Assets		(A: Dec. 2022 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	1.258	-	0.673
=	0.585

	Operating Liabilities		(A: Dec. 2022 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	0.097	-	0	-	0
=	0.097

Atco Mining's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Sep. 2023 )
=	(Operating Assets (Q: Sep. 2023 )	-	Operating Liabilities (Q: Sep. 2023 ))	/	Total Assets (Q: Jun. 2023 )
=	(0.577	-	0.036)	/	1.441
=	0.38

where

	Operating Assets		(Q: Sep. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	1.979	-	1.402
=	0.577

	Operating Liabilities		(Q: Sep. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	0.036	-	0	-	0
=	0.036

Atco Mining Scaled Net Operating Assets Related Terms

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Atco Mining (XCNQ:ATCM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Atco Mining Inc (XCNQ:ATCM) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

QP9:Germany

Address

885 West Georgia Street, Suite 2200, Vancouver, BC, CAN, V6C 3E8

Website

https://www.atcomining.com

Atco Mining Inc is in the exploration stage and its principal business activity is sourcing and exploration of mineral properties. It holds an interest in May Lake and Newfoundland and Labrador Project.

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