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California Gold Mining (California Gold Mining) Scaled Net Operating Assets : 0.55 (As of May. 2021)


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What is California Gold 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.

California Gold Mining's operating assets for the quarter that ended in May. 2021 was $5.64 Mil. California Gold Mining's operating liabilities for the quarter that ended in May. 2021 was $2.48 Mil. California Gold Mining's Total Assets for the quarter that ended in Feb. 2021 was $5.75 Mil. Therefore, California Gold Mining's scaled net operating assets (SNOA) for the quarter that ended in May. 2021 was 0.55.


California Gold Mining Scaled Net Operating Assets Historical Data

The historical data trend for California Gold 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.

* Premium members only.

California Gold Mining Scaled Net Operating Assets Chart

California Gold Mining Annual Data
Trend Aug11 Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.57 0.85 0.98 1.16 0.63

California Gold Mining Quarterly Data
Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21
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 0.78 0.49 0.68 0.54 0.55

Competitive Comparison of California Gold Mining's Scaled Net Operating Assets

For the Gold subindustry, California Gold 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.


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

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

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



California Gold 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.

California Gold Mining's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Aug. 2020 is calculated as

Scaled Net Operating Assets (SNOA)(A: Aug. 2020 )
=(Operating Assets (A: Aug. 2020 )-Operating Liabilities (A: Aug. 2020 ))/Total Assets (A: Aug. 2019 )
=(6.356-1.897)/7.117
=0.63

where

Operating Assets(A: Aug. 2020 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6.365 - 0.009
=6.356

Operating Liabilities(A: Aug. 2020 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5.017 - 0.132 - 2.988
=1.897

California Gold Mining's Scaled Net Operating Assets (SNOA) for the quarter that ended in May. 2021 is calculated as

Scaled Net Operating Assets (SNOA)(Q: May. 2021 )
=(Operating Assets (Q: May. 2021 )-Operating Liabilities (Q: May. 2021 ))/Total Assets (Q: Feb. 2021 )
=(5.638-2.48)/5.75
=0.55

where

Operating Assets(Q: May. 2021 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5.777 - 0.139
=5.638

Operating Liabilities(Q: May. 2021 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5.67 - 0.117 - 3.073
=2.48

* 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.


California Gold Mining Scaled Net Operating Assets Related Terms

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California Gold Mining (California Gold Mining) Business Description

Traded in Other Exchanges
N/A
Address
1800, 130 King Street W., Toronto, ON, CAN, M5X 1E3
California Gold Mining Inc is a Canada-based mineral exploration company. Principally, it is engaged in the acquisition, exploration, and development of mineral resource properties. The company's project consists of Fremont project and Dingman project.