Orinoco Gold (ASX:OGX) Scaled Net Operating Assets: 0.31 (As of Jun. 2018)


What is Orinoco Gold Scaled Net Operating Assets?

Orinoco Gold ASX:OGX Scaled Net Operating Assets is 0.31 as of Jun. 2018. The stock has 3 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.

Orinoco Gold's operating assets for the quarter that ended in Jun. 2018 was A$18.28 Mil. Orinoco Gold's operating liabilities for the quarter that ended in Jun. 2018 was A$7.29 Mil. Orinoco Gold's Total Assets for the quarter that ended in Dec. 2017 was A$35.77 Mil. Therefore, Orinoco Gold's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2018 was 0.31.

Orinoco Gold Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Orinoco 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.

Orinoco Gold Scaled Net Operating Assets Chart

Orinoco Gold Annual Data
Trend Jun12 Jun13 Dec15 Dec16 Dec17 Dec18
Scaled Net Operating Assets
Get a 7-Day Free Trial 2.88 0.98 0.51 0.26 -0.42

Orinoco Gold Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18
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 0.47 0.28 0.23 0.31 -0.71

ASX:OGX vs LSMG: Scaled Net Operating Assets Comparison

For the Other Industrial Metals & Mining subindustry, Orinoco 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.

Orinoco Gold Scaled Net Operating Assets vs Metals & Mining Industry

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

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


Orinoco 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.

Orinoco Gold's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2018 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2018 )
=(Operating Assets (A: Dec. 2018 )-Operating Liabilities (A: Dec. 2018 ))/Total Assets (A: Dec. 2017 )
=(4.238-19.277)/35.769
=-0.42

where

Operating Assets(A: Dec. 2018 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4.349 - 0.111
=4.238

Operating Liabilities(A: Dec. 2018 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=20.889 - 0 - 1.612
=19.277

Orinoco Gold's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2018 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2018 )
=(Operating Assets (Q: Jun. 2018 )-Operating Liabilities (Q: Jun. 2018 ))/Total Assets (Q: Dec. 2017 )
=(18.282-7.288)/35.769
=0.31

where

Operating Assets(Q: Jun. 2018 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=21.295 - 3.013
=18.282

Operating Liabilities(Q: Jun. 2018 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=17.971 - 0 - 10.683
=7.288

* 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 0.31 mean?
Orinoco Gold (ASX:OGX) has a Scaled Net Operating Assets of 0.31 as of Jun. 2018. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Orinoco Gold and its competitors.
Is Orinoco Gold's Scaled Net Operating Assets too high?
Orinoco Gold's current Scaled Net Operating Assets is 0.31.
How does Orinoco Gold's Scaled Net Operating Assets compare to LSMG?
Orinoco Gold's Scaled Net Operating Assets of 0.31 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 Orinoco Gold and its competitors. Orinoco Gold's current Scaled Net Operating Assets is 0.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Orinoco Gold stock overvalued right now?
Orinoco Gold (ASX:OGX) has a current Scaled Net Operating Assets of 0.31. The current Scaled Net Operating Assets is 0.31. 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 Orinoco Gold (ASX:OGX), the current Scaled Net Operating Assets is 0.31 as of Jun. 2018. 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.

Orinoco Gold Business Description

Address 9/448 Roberts Road, Subiaco, WA, AUS, 6008
Orinoco Gold Ltd is a Brazilian-focused gold company. It is focussed on mining the Cascavel gold mine as well as unlocking the Faina Goldfields Project (Faina Project) located in the central Brazilian State of Goias. The company's segments include Gold and All Other. The Faina Project consists of a large tenement package of over 50 tenements that encompass the key Cascavel, Sertao and Tinteiro Projects, as well as numerous advanced gold exploration targets including Espanola, Elisio, Antenna, and Xupe.