Altair Minerals (ASX:ALR) Scaled Net Operating Assets : 0.79 (As of Dec. 2023)

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What is Altair Minerals 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.

Altair Minerals's operating assets for the quarter that ended in Dec. 2023 was A$9.90 Mil. Altair Minerals's operating liabilities for the quarter that ended in Dec. 2023 was A$0.97 Mil. Altair Minerals's Total Assets for the quarter that ended in Jun. 2023 was A$11.25 Mil. Therefore, Altair Minerals's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.79.

Altair Minerals Scaled Net Operating Assets Historical Data

The historical data trend for Altair Minerals'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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Altair Minerals Scaled Net Operating Assets Chart

Altair Minerals Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Scaled Net Operating Assets

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0.67

0.75

1.15

0.68

0.69

Altair Minerals 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	Get a 7-Day Free Trial															0.57	0.70	0.82	0.67	0.79

Competitive Comparison of Altair Minerals's Scaled Net Operating Assets

For the Other Industrial Metals & Mining subindustry, Altair Minerals'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.

Altair Minerals's Scaled Net Operating Assets Distribution in the Metals & Mining Industry

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

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

Altair Minerals 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.

Altair Minerals'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 )
=	(9.447	-	1.067)	/	12.086
=	0.69

where

	Operating Assets		(A: Jun. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	11.245	-	1.798
=	9.447

	Operating Liabilities		(A: Jun. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	1.067	-	0	-	0
=	1.067

Altair Minerals'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 )
=	(9.896	-	0.974)	/	11.245
=	0.79

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	10.78	-	0.884
=	9.896

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	0.974	-	0	-	0
=	0.974

Altair Minerals Scaled Net Operating Assets Related Terms

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Altair Minerals (ASX:ALR) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

CHKMF:USA

Address

459 Collins Street, Level 21, Melbourne, VIC, AUS, 3000

Website

https://www.cohibaminerals.com.au

Cohiba Minerals Ltd is a mineral exploration company which engages in the exploration of natural resources, including metals, precious metals, lithium, cobalt, and minerals. Its projects include Pyramid Lake; Wee Macgregor and Olympic Domain Tenements in South Australia.