GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Conquest Resources Ltd (OTCPK:CQRLF) » Definitions » Scaled Net Operating Assets

CQRLF (Conquest Resources) Scaled Net Operating Assets : -0.52 (As of Sep. 2024)


View and export this data going back to 2002. Start your Free Trial

What is Conquest Resources 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.

Conquest Resources's operating assets for the quarter that ended in Sep. 2024 was $0.12 Mil. Conquest Resources's operating liabilities for the quarter that ended in Sep. 2024 was $0.58 Mil. Conquest Resources's Total Assets for the quarter that ended in Jun. 2024 was $0.88 Mil. Therefore, Conquest Resources's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was -0.52.


Conquest Resources Scaled Net Operating Assets Historical Data

The historical data trend for Conquest Resources'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.

Conquest Resources Scaled Net Operating Assets Chart

Conquest Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.49 -1.81 -0.04 -0.02 0.13

Conquest Resources Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -0.01 0.11 0.05 0.02 -0.52

Competitive Comparison of Conquest Resources's Scaled Net Operating Assets

For the Gold subindustry, Conquest Resources'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.


Conquest Resources's Scaled Net Operating Assets Distribution in the Metals & Mining Industry

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

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



Conquest Resources 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.

Conquest Resources'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 )
=(0.149-0.036)/0.9
=0.13

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1.244 - 1.095
=0.149

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.036 - 0 - 0
=0.036

Conquest Resources's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2024 )
=(Operating Assets (Q: Sep. 2024 )-Operating Liabilities (Q: Sep. 2024 ))/Total Assets (Q: Jun. 2024 )
=(0.119-0.579)/0.879
=-0.52

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1.378 - 1.259
=0.119

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.579 - 0 - 0
=0.579

* 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.


Conquest Resources Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of Conquest Resources's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Conquest Resources Business Description

Traded in Other Exchanges
Address
55 University Avenue, Suite 1805, Toronto, ON, CAN, M5J 2H7
Conquest Resources Ltd is a mineral exploration company that is engaged in the exploration and evaluation of properties located in Northern Ontario. The company owns an interest in Alexander Red Lake Property, Smith Lake Property, King Bay Gold Project, LNB property lake project, Marr lake property, Redhorse Lake, and Golden Rose Project.

Conquest Resources Headlines

No Headlines