Vertex Minerals (ASX:VTX) Scaled Net Operating Assets : 1.06 (As of Dec. 2023)

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What is Vertex 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.

Vertex Minerals's operating assets for the quarter that ended in Dec. 2023 was A$8.60 Mil. Vertex Minerals's operating liabilities for the quarter that ended in Dec. 2023 was A$0.39 Mil. Vertex Minerals's Total Assets for the quarter that ended in Jun. 2023 was A$7.77 Mil. Therefore, Vertex Minerals's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 1.06.

Vertex Minerals Scaled Net Operating Assets Historical Data

The historical data trend for Vertex 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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Vertex Minerals Scaled Net Operating Assets Chart

Vertex Minerals Annual Data

Trend

Jun22

Jun23

Scaled Net Operating Assets

0.56

0.81

Vertex Minerals Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23
Scaled Net Operating Assets	0.56	0.71	0.83	1.06

Competitive Comparison of Vertex Minerals's Scaled Net Operating Assets

For the Gold subindustry, Vertex 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.

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

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

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

Vertex 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.

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

	Scaled Net Operating Assets (SNOA)		(A: Jun. 2023 )
=	(Operating Assets (A: Jun. 2023 )	-	Operating Liabilities (A: Jun. 2023 ))	/	Total Assets (A: Jun. 2022 )
=	(7.173	-	0.309)	/	8.443
=	0.81

where

	Operating Assets		(A: Jun. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	7.769	-	0.596
=	7.173

	Operating Liabilities		(A: Jun. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	0.309	-	0	-	0
=	0.309

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

	Scaled Net Operating Assets (SNOA)		(Q: Dec. 2023 )
=	(Operating Assets (Q: Dec. 2023 )	-	Operating Liabilities (Q: Dec. 2023 ))	/	Total Assets (Q: Jun. 2023 )
=	(8.603	-	0.388)	/	7.769
=	1.06

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	9.154	-	0.551
=	8.603

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	0.565	-	0.115	-	0.062
=	0.388

Vertex Minerals Scaled Net Operating Assets Related Terms

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Vertex Minerals (ASX:VTX) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

460 Stirling Highway, Unit 38, Peppermint Grove, WA, AUS, 6011

Website

https://www.vertexminerals.com

Vertex Minerals Ltd is a mineral exploration and development company. It explores for gold. The Company is organised into one operating segment, being mining and exploration operations. The principal products and services of this operating segment are the mining and exploration operations predominately in Australia.

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