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Avidian Gold (Avidian Gold) Scaled Net Operating Assets : 0.32 (As of Dec. 2023)


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What is Avidian 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.

Avidian Gold's operating assets for the quarter that ended in Dec. 2023 was $1.10 Mil. Avidian Gold's operating liabilities for the quarter that ended in Dec. 2023 was $0.72 Mil. Avidian Gold's Total Assets for the quarter that ended in Sep. 2023 was $1.21 Mil. Therefore, Avidian Gold's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.32.


Avidian Gold Scaled Net Operating Assets Historical Data

The historical data trend for Avidian 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.

* Premium members only.

Avidian Gold Scaled Net Operating Assets Chart

Avidian Gold Annual Data
Trend Mar15 Mar16 Mar17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only 0.03 -0.10 -2.57 0.28 0.27

Avidian 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 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 0.57 0.43 0.37 0.41 0.32

Competitive Comparison of Avidian Gold's Scaled Net Operating Assets

For the Gold subindustry, Avidian 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.


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

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

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



Avidian 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.

Avidian Gold'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 )
=(1.241-0.721)/1.96
=0.27

where

Operating Assets(A: Jun. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1.289 - 0.048
=1.241

Operating Liabilities(A: Jun. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.721 - 0 - 0
=0.721

Avidian 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 )
=(1.104-0.723)/1.208
=0.32

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1.163 - 0.059
=1.104

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.903 - 0.18 - 0
=0.723

* 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.


Avidian Gold Scaled Net Operating Assets Related Terms

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Avidian Gold (Avidian Gold) Business Description

Traded in Other Exchanges
Address
110 Yonge Street, Suite 1601, Toronto, ON, CAN, M5C 1T4
Avidian Gold Corp is a Canada-based mineral exploration company. Principally, it is engaged in the business of acquiring and exploring gold projects. The company holds right to explore several properties comprising of Golden Zone, Labrador West, Amanita and Jungo.