Titan Minerals (ASX:TTM) Scaled Net Operating Assets : 0.99 (As of Jun. 2023)

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What is Titan Minerals 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.

Titan Minerals's operating assets for the quarter that ended in Jun. 2023 was A$68.60 Mil. Titan Minerals's operating liabilities for the quarter that ended in Jun. 2023 was A$4.30 Mil. Titan Minerals's Total Assets for the quarter that ended in Dec. 2022 was A$65.12 Mil. Therefore, Titan Minerals's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2023 was 0.99.

Titan Minerals Scaled Net Operating Assets Historical Data

The historical data trend for Titan Minerals'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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Titan Minerals Scaled Net Operating Assets Chart

Titan Minerals Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Scaled Net Operating Assets

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0.79

0.44

1.12

0.86

1.07

Titan Minerals Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Scaled Net Operating Assets	Get a 7-Day Free Trial															1.11	0.79	0.89	0.99	1.00

Competitive Comparison of Titan Minerals's Scaled Net Operating Assets

For the Gold subindustry, Titan Minerals'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.

Titan Minerals's Scaled Net Operating Assets Distribution in the Metals & Mining Industry

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

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

Titan Minerals 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.

Titan Minerals's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2022 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2022 )
=	(Operating Assets (A: Dec. 2022 )	-	Operating Liabilities (A: Dec. 2022 ))	/	Total Assets (A: Dec. 2021 )
=	(64.127	-	5)	/	68.582
=	0.86

where

	Operating Assets		(A: Dec. 2022 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	65.121	-	0.994
=	64.127

	Operating Liabilities		(A: Dec. 2022 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	6.506	-	0	-	1.506
=	5

Titan Minerals's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Jun. 2023 )
=	(Operating Assets (Q: Jun. 2023 )	-	Operating Liabilities (Q: Jun. 2023 ))	/	Total Assets (Q: Dec. 2022 )
=	(68.596	-	4.303)	/	65.121
=	0.99

where

	Operating Assets		(Q: Jun. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	69.284	-	0.688
=	68.596

	Operating Liabilities		(Q: Jun. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	7.612	-	0	-	3.309
=	4.303

Titan Minerals Scaled Net Operating Assets Related Terms

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Titan Minerals (ASX:TTM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Titan Minerals Ltd (ASX:TTM) » Definitions » Scaled Net Operating Assets

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Traded in Other Exchanges

TTTNF:USA

Address

295 Rokeby Road, Suite 1, Subiaco, WA, AUS, 6008

Website

https://www.titanminerals.com.au

Titan Minerals Ltd is a Canada-based mineral exploration company. The company's main assets are The Dynasty Project, The Linderos Project, The Copper Duke Project, and The Copper Field Prospect. It continues to evaluate new business opportunities in South America.