Patriot Lithium (ASX:PAT) Scaled Net Operating Assets : 0.44 (As of Dec. 2024)

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What is Patriot Lithium 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.

Patriot Lithium's operating assets for the quarter that ended in Dec. 2024 was A$2.08 Mil. Patriot Lithium's operating liabilities for the quarter that ended in Dec. 2024 was A$0.11 Mil. Patriot Lithium's Total Assets for the quarter that ended in Jun. 2024 was A$4.50 Mil. Therefore, Patriot Lithium's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2024 was 0.44.

Patriot Lithium Scaled Net Operating Assets Historical Data

The historical data trend for Patriot Lithium'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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Patriot Lithium Scaled Net Operating Assets Chart

Patriot Lithium Annual Data

Trend

Jun22

Jun23

Jun24

Scaled Net Operating Assets

0.01

0.12

0.30

Patriot Lithium Semi-Annual Data
	Dec22	Jun23	Dec23	Jun24	Dec24
Scaled Net Operating Assets	0.09	0.13	0.33	0.51	0.44

Competitive Comparison of Patriot Lithium's Scaled Net Operating Assets

For the Other Industrial Metals & Mining subindustry, Patriot Lithium'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.

Patriot Lithium's Scaled Net Operating Assets Distribution in the Metals & Mining Industry

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

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

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Patriot Lithium 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.

Patriot Lithium'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 )
=	(2.16	-	0.169)	/	6.594
=	0.30

where

	Operating Assets		(A: Jun. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	4.499	-	2.339
=	2.16

	Operating Liabilities		(A: Jun. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	0.169	-	0	-	0
=	0.169

Patriot Lithium's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Dec. 2024 )
=	(Operating Assets (Q: Dec. 2024 )	-	Operating Liabilities (Q: Dec. 2024 ))	/	Total Assets (Q: Jun. 2024 )
=	(2.084	-	0.107)	/	4.499
=	0.44

where

	Operating Assets		(Q: Dec. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	3.045	-	0.961
=	2.084

	Operating Liabilities		(Q: Dec. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	0.107	-	0	-	0
=	0.107

Patriot Lithium Scaled Net Operating Assets Related Terms

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Patriot Lithium Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Patriot Lithium Ltd (ASX:PAT) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

245 Churchill Avenue, Suite 6, Subiaco, Brisbane, WA, AUS, 6005

Website

https://www.patriot-lithium.com

Patriot Lithium Ltd is focused on acquiring, exploring and developing lithium projects in South Dakota, Wyoming and Arizona in the United States of America. The company has three project areas, namely the Keystone Project, the Tinton West Project, and the Wickenburg Project. The company is also engaged in the Ontario Lithium project. The Group's reportable segments are mineral exploration industry within the United States of America; mineral exploration industry within Canada and Other sector.

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