Golden Mile Resources (ASX:G88) Scaled Net Operating Assets: 0.47 (As of Dec. 2025)


What is Golden Mile Resources Scaled Net Operating Assets?

Golden Mile Resources ASX:G88 Scaled Net Operating Assets is 0.47 as of Dec. 2025. The stock has 2 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Golden Mile Resources's operating assets for the quarter that ended in Dec. 2025 was A$2.20 Mil. Golden Mile Resources's operating liabilities for the quarter that ended in Dec. 2025 was A$0.32 Mil. Golden Mile Resources's Total Assets for the quarter that ended in Jun. 2025 was A$3.98 Mil. Therefore, Golden Mile Resources's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.47.


Golden Mile Resources Scaled Net Operating Assets Historical Data

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The historical data trend for Golden Mile 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.

Golden Mile Resources Scaled Net Operating Assets Chart

Golden Mile Resources Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only 1.36 0.97 0.82 0.74 0.46

Golden Mile Resources Semi-Annual Data
Jun17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.78 0.85 0.83 0.49 0.47

Golden Mile Resources Scaled Net Operating Assets Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Golden Mile 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.


Golden Mile Resources Scaled Net Operating Assets vs Metals & Mining Industry

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

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



Golden Mile 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.

Golden Mile Resources's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jun. 2025 )
=(Operating Assets (A: Jun. 2025 )-Operating Liabilities (A: Jun. 2025 ))/Total Assets (A: Jun. 2024 )
=(3.392-0.423)/6.398
=0.46

where

Operating Assets(A: Jun. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3.98 - 0.588
=3.392

Operating Liabilities(A: Jun. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.423 - 0 - 0
=0.423

Golden Mile Resources's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2025 )
=(Operating Assets (Q: Dec. 2025 )-Operating Liabilities (Q: Dec. 2025 ))/Total Assets (Q: Jun. 2025 )
=(2.196-0.317)/3.98
=0.47

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2.329 - 0.133
=2.196

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.317 - 0 - 0
=0.317

* 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.

What does a Scaled Net Operating Assets of 0.47 mean?
Golden Mile Resources (ASX:G88) has a Scaled Net Operating Assets of 0.47 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Golden Mile Resources and its competitors.
Is Golden Mile Resources' Scaled Net Operating Assets too high?
Golden Mile Resources' current Scaled Net Operating Assets is 0.47.
How does Golden Mile Resources' Scaled Net Operating Assets compare to competitors?
Golden Mile Resources' Scaled Net Operating Assets of 0.47 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Metals & Mining company?
A good Scaled Net Operating Assets depends on the Metals & Mining industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Golden Mile Resources and its competitors. Golden Mile Resources's current Scaled Net Operating Assets is 0.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golden Mile Resources stock overvalued right now?
Golden Mile Resources (ASX:G88) has a current Scaled Net Operating Assets of 0.47. The current Scaled Net Operating Assets is 0.47. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Golden Mile Resources (ASX:G88), the current Scaled Net Operating Assets is 0.47 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Golden Mile Resources Business Description

Address 96 Elizabeth Street, Suite 324, Level 3, The Block Arcade, Melbourne, VIC, AUS, 3000
Golden Mile Resources Ltd is an Australian based exploration company that owns several resource tenements in Western Australia and is actively exploring the tenements for gold, nickel and cobalt and related resources. Its projects include Quicksilver Nickel-Cobalt Project, Minara Nickel-Cobalt Project, Ironstone Well Au Project, Murchison Lithium and Gold, Yarrambee Project, Yuinmery Project, Gidgee Polymetallic Project and Leonora East Gold Project. The principal business and geographical segment of the company is Mineral Exploration within Western Australia.