Far East Gold (ASX:FEG) Scaled Net Operating Assets : 0.91 (As of Dec. 2023)

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What is Far East 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.

Far East Gold's operating assets for the quarter that ended in Dec. 2023 was A$29.50 Mil. Far East Gold's operating liabilities for the quarter that ended in Dec. 2023 was A$1.39 Mil. Far East Gold's Total Assets for the quarter that ended in Jun. 2023 was A$30.97 Mil. Therefore, Far East Gold's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.91.

Far East Gold Scaled Net Operating Assets Historical Data

The historical data trend for Far East 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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Far East Gold Scaled Net Operating Assets Chart

Far East Gold Annual Data

Trend

Jun22

Jun23

Scaled Net Operating Assets

0.63

0.98

Far East Gold Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Scaled Net Operating Assets	0.50	0.71	0.73	0.80	0.91

Competitive Comparison of Far East Gold's Scaled Net Operating Assets

For the Other Precious Metals & Mining subindustry, Far East 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.

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

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

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

Far East 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.

Far East Gold'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 )
=	(27.038	-	2.25)	/	25.389
=	0.98

where

	Operating Assets		(A: Jun. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	30.971	-	3.933
=	27.038

	Operating Liabilities		(A: Jun. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	2.37	-	0	-	0.12
=	2.25

Far East Gold'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 )
=	(29.496	-	1.387)	/	30.971
=	0.91

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	34.282	-	4.786
=	29.496

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	1.487	-	0	-	0.1
=	1.387

Far East Gold Scaled Net Operating Assets Related Terms

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Far East Gold (ASX:FEG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Far East Gold Ltd (ASX:FEG) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

324 Queen Street, Level 18, Brisbane, QLD, AUS, 4000

Website

https://www.fareast.gold

Far East Gold Ltd is engaged in the exploration of minerals. The group operates in two segments namely Australia and Indonesia. Its projects include Hill 212, Blue Grass creek, Mount Clark west, Woyla, Wonogiri, and Trenggalek.

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