CEGMF (Cerro Grande Mining) Scaled Net Operating Assets : -1.44 (As of Jun. 2024)

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What is Cerro Grande Mining 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.

Cerro Grande Mining's operating assets for the quarter that ended in Jun. 2024 was $1.24 Mil. Cerro Grande Mining's operating liabilities for the quarter that ended in Jun. 2024 was $3.04 Mil. Cerro Grande Mining's Total Assets for the quarter that ended in Mar. 2024 was $1.25 Mil. Therefore, Cerro Grande Mining's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2024 was -1.44.

Cerro Grande Mining Scaled Net Operating Assets Historical Data

The historical data trend for Cerro Grande Mining'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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Cerro Grande Mining Scaled Net Operating Assets Chart

Cerro Grande Mining Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Scaled Net Operating Assets

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-5.33

-0.79

-2.87

-1.87

-1.40

Cerro Grande Mining Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Scaled Net Operating Assets	Get a 7-Day Free Trial															-1.44	-1.42	-1.48	-1.51	-1.44

Competitive Comparison of Cerro Grande Mining's Scaled Net Operating Assets

For the Other Industrial Metals & Mining subindustry, Cerro Grande Mining'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.

Cerro Grande Mining's Scaled Net Operating Assets Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Cerro Grande Mining's Scaled Net Operating Assets falls into.

Cerro Grande Mining 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.

Cerro Grande Mining's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Sep. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Sep. 2023 )
=	(Operating Assets (A: Sep. 2023 )	-	Operating Liabilities (A: Sep. 2023 ))	/	Total Assets (A: Sep. 2022 )
=	(1.164	-	2.821)	/	1.186
=	-1.40

where

	Operating Assets		(A: Sep. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	1.168	-	0.004
=	1.164

	Operating Liabilities		(A: Sep. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	6.783	-	3.683	-	0.279
=	2.821

Cerro Grande Mining's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Jun. 2024 )
=	(Operating Assets (Q: Jun. 2024 )	-	Operating Liabilities (Q: Jun. 2024 ))	/	Total Assets (Q: Mar. 2024 )
=	(1.24	-	3.035)	/	1.245
=	-1.44

where

	Operating Assets		(Q: Jun. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	1.244	-	0.004
=	1.24

	Operating Liabilities		(Q: Jun. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	7.063	-	3.738	-	0.29
=	3.035

Cerro Grande Mining Scaled Net Operating Assets Related Terms

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Cerro Grande Mining Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Cerro Grande Mining Corp (OTCPK:CEGMF) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

CEG:Canada

Address

Avenida Santa Maria 2224, Providencia, Santiago, CHL

Website

http://www.cegmining.com

Cerro Grande Mining Corp is a Canada-based exploration company. The business activity of the group is operated in one reportable operating segment, being the acquisition, exploration, and development of mineral properties. It explores new gold, copper, and industrial mineral properties in central Chile. The company holds an interest in Pimenton Copper Gold Mining Project.