Mineral Resources (ASX:MIN) Scaled Net Operating Assets : 0.73 (As of Jun. 2024)

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What is Mineral 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.

Mineral Resources's operating assets for the quarter that ended in Jun. 2024 was A$11,324 Mil. Mineral Resources's operating liabilities for the quarter that ended in Jun. 2024 was A$3,312 Mil. Mineral Resources's Total Assets for the quarter that ended in Dec. 2023 was A$10,954 Mil. Therefore, Mineral Resources's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2024 was 0.73.

Mineral Resources Scaled Net Operating Assets Historical Data

The historical data trend for Mineral 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.

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Mineral Resources Scaled Net Operating Assets Chart

Mineral Resources Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Scaled Net Operating Assets

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0.65

0.64

0.68

0.69

0.95

Mineral 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															0.71	0.63	0.66	0.90	0.73

Competitive Comparison of Mineral Resources's Scaled Net Operating Assets

For the Other Industrial Metals & Mining subindustry, Mineral 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.

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

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

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

Mineral 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.

Mineral 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 )
=	(11324	-	3312)	/	8395.2
=	0.95

where

	Operating Assets		(A: Jun. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	12232	-	908
=	11324

	Operating Liabilities		(A: Jun. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	8648	-	5081	-	255
=	3312

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

	Scaled Net Operating Assets (SNOA)		(Q: Jun. 2024 )
=	(Operating Assets (Q: Jun. 2024 )	-	Operating Liabilities (Q: Jun. 2024 ))	/	Total Assets (Q: Dec. 2023 )
=	(11324	-	3312)	/	10953.7
=	0.73

where

	Operating Assets		(Q: Jun. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	12232	-	908
=	11324

	Operating Liabilities		(Q: Jun. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	8648	-	5081	-	255
=	3312

Mineral Resources Scaled Net Operating Assets Related Terms

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Mineral Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Mineral Resources Ltd (ASX:MIN) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

MALRY:USA MALRF:USA F5J:Germany

Address

20 Walters Drive, Osborne Park, Perth, WA, AUS, 6017

Website

https://www.mineralresources.com.au

Mineral Resources listed on the ASX in 2006 following the merger of three mining services businesses. The subsidiary companies were previously owned by managing director Chris Ellison, who remains a large shareholder despite selling down. Operations include iron ore and lithium mining, iron ore crushing and screening services for third parties, and engineering and construction for mining companies. Mining and contracting activity is focused in Western Australia.