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Fin Resources (ASX:FIN) Scaled Net Operating Assets : 0.19 (As of Dec. 2023)


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What is Fin Resources 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.

Fin Resources's operating assets for the quarter that ended in Dec. 2023 was A$1.17 Mil. Fin Resources's operating liabilities for the quarter that ended in Dec. 2023 was A$0.04 Mil. Fin Resources's Total Assets for the quarter that ended in Jun. 2023 was A$5.84 Mil. Therefore, Fin Resources's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.19.


Fin Resources Scaled Net Operating Assets Historical Data

The historical data trend for Fin Resources'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.

Fin Resources Scaled Net Operating Assets Chart

Fin Resources Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.16 0.14 0.64 0.47 0.31

Fin Resources Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Scaled Net Operating Assets Get a 7-Day Free Trial 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 0.47 0.58 0.50 0.19 0.60

Competitive Comparison of Fin Resources's Scaled Net Operating Assets

For the Other Industrial Metals & Mining subindustry, Fin Resources'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.


Fin Resources's Scaled Net Operating Assets Distribution in the Metals & Mining Industry

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

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



Fin Resources 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.

Fin Resources's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jun. 2024 )
=(Operating Assets (A: Jun. 2024 )-Operating Liabilities (A: Jun. 2024 ))/Total Assets (A: Jun. 2023 )
=(2.541-0.738)/5.838
=0.31

where

Operating Assets(A: Jun. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3.421 - 0.88
=2.541

Operating Liabilities(A: Jun. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.738 - 0 - 0
=0.738

Fin Resources'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 )
=(1.166-0.035)/5.838
=0.19

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3.022 - 1.856
=1.166

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.035 - 0 - 0
=0.035

* 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.


Fin Resources Scaled Net Operating Assets Related Terms

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Fin Resources Business Description

Traded in Other Exchanges
N/A
Address
35 Richardson Street, First Floor, West perth, Perth, WA, AUS, 6005
Fin Resources Ltd is a mineral exploration company. It is engaged in the exploration and development of the McKenzie Springs Project, South Big Bell Project, MT Tremblant Lithium Projects, and Sol Mar Project. The main geographic areas that the entity operates in are Australia and Canada.

Fin Resources Headlines

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