1911 Gold (1911 Gold) Scaled Net Operating Assets : 0.84 (As of Dec. 2023)

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What is 1911 Gold 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.

1911 Gold's operating assets for the quarter that ended in Dec. 2023 was $24.15 Mil. 1911 Gold's operating liabilities for the quarter that ended in Dec. 2023 was $3.76 Mil. 1911 Gold's Total Assets for the quarter that ended in Sep. 2023 was $24.27 Mil. Therefore, 1911 Gold's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.84.

1911 Gold Scaled Net Operating Assets Historical Data

The historical data trend for 1911 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.

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1911 Gold Scaled Net Operating Assets Chart

1911 Gold Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Scaled Net Operating Assets

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0.66

0.67

0.61

0.57

0.81

1911 Gold Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Scaled Net Operating Assets	Get a 7-Day Free Trial															0.75	0.79	0.83	0.78	0.84

Competitive Comparison of 1911 Gold's Scaled Net Operating Assets

For the Gold subindustry, 1911 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.

1911 Gold's Scaled Net Operating Assets Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, 1911 Gold's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where 1911 Gold's Scaled Net Operating Assets falls into.

1911 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.

1911 Gold's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2023 )
=	(Operating Assets (A: Dec. 2023 )	-	Operating Liabilities (A: Dec. 2023 ))	/	Total Assets (A: Dec. 2022 )
=	(24.145	-	3.756)	/	25.148
=	0.81

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	26.508	-	2.363
=	24.145

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	3.756	-	0	-	0
=	3.756

1911 Gold'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: Sep. 2023 )
=	(24.145	-	3.756)	/	24.274
=	0.84

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	26.508	-	2.363
=	24.145

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	3.756	-	0	-	0
=	3.756

1911 Gold Scaled Net Operating Assets Related Terms

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1911 Gold (1911 Gold) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » 1911 Gold Corp (OTCPK:AUMBF) » Definitions » Scaled Net Operating Assets

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Traded in Other Exchanges

AUMB:Canada

Address

400 Burrard Street, Suite 1050, Vancouver, BC, CAN, V6C 3A6

Website

https://www.1911gold.com

1911 Gold Corp is a junior explorer that holds a highly prospective, consolidated land package totalling 55,500 hectares within and adjacent to the Archean Rice Lake greenstone belt in Manitoba, and also owns the True North mine and mill complex at Bissett, Manitoba, where it is reprocessing historic tailings on a seasonal basis. 1911 Gold believes its land package is a prime exploration opportunity, with the potential to develop a mining district centred on the True North complex. The company also owns the Tully and DentonKeefer projects near Timmins, Ontario, and intends to focus on both organic growth opportunities and accretive acquisition opportunities in North America.

1911 Gold (1911 Gold) Headlines

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