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Red Metal (ASX:RDM) Scaled Net Operating Assets : -0.02 (As of Dec. 2024)


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What is Red Metal 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.

Red Metal's operating assets for the quarter that ended in Dec. 2024 was A$1.49 Mil. Red Metal's operating liabilities for the quarter that ended in Dec. 2024 was A$1.80 Mil. Red Metal's Total Assets for the quarter that ended in Jun. 2024 was A$13.87 Mil. Therefore, Red Metal's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2024 was -0.02.


Red Metal Scaled Net Operating Assets Historical Data

The historical data trend for Red Metal'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.

Red Metal Scaled Net Operating Assets Chart

Red Metal 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 0.33 0.39 0.28 0.01 0.01

Red Metal Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 0.05 0.01 0.15 0.01 -0.02

Competitive Comparison of Red Metal's Scaled Net Operating Assets

For the Other Industrial Metals & Mining subindustry, Red Metal'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.


Red Metal's Scaled Net Operating Assets Distribution in the Metals & Mining Industry

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

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


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Red Metal 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.

Red Metal'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 )
=(1.668-1.6)/8.439
=0.01

where

Operating Assets(A: Jun. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=13.873 - 12.205
=1.668

Operating Liabilities(A: Jun. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2.134 - 0.368 - 0.166
=1.6

Red Metal'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 )
=(1.485-1.8)/13.873
=-0.02

where

Operating Assets(Q: Dec. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=12.289 - 10.804
=1.485

Operating Liabilities(Q: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2.142 - 0.2 - 0.142
=1.8

* 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.


Red Metal Scaled Net Operating Assets Related Terms

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Red Metal Business Description

Traded in Other Exchanges
N/A
Address
323 Castlereagh Street, Level 15, Sydney, NSW, AUS, 2000
Red Metal Ltd is a minerals exploration company. The company explores for copper, copper-gold, copper-nickel and silver-lead zinc deposits. The company owns projects in Sybella REO Discovery Northwest QLD, Paterson Province WA, Carpentaria Province QLD, Gawler Craton and Curnamona Province SA, Pilbara Craton WA, Coompana and Madura Provinces Nullarbor Project WA, and others. It operates in the mining industry in Australia.

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