GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Contango Ore Inc (AMEX:CTGO) » Definitions » Scaled Net Operating Assets

Contango Ore (Contango Ore) Scaled Net Operating Assets : 0.27 (As of Dec. 2023)


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

What is Contango Ore 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.

Contango Ore's operating assets for the quarter that ended in Dec. 2023 was $43.09 Mil. Contango Ore's operating liabilities for the quarter that ended in Dec. 2023 was $28.46 Mil. Contango Ore's Total Assets for the quarter that ended in Sep. 2023 was $54.86 Mil. Therefore, Contango Ore's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.27.


Contango Ore Scaled Net Operating Assets Historical Data

The historical data trend for Contango Ore'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.

Contango Ore Scaled Net Operating Assets Chart

Contango Ore Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.02 -0.12 -0.22 0.26 0.24

Contango Ore 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 0.31 0.46 0.52 1.07 0.27

Competitive Comparison of Contango Ore's Scaled Net Operating Assets

For the Gold subindustry, Contango Ore'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.


Contango Ore's Scaled Net Operating Assets Distribution in the Metals & Mining Industry

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

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



Contango Ore 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.

Contango Ore'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 )
=(14.017-4.979)/37.294
=0.24

where

Operating Assets(A: Jun. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=25.663 - 11.646
=14.017

Operating Liabilities(A: Jun. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=30.436 - 25.457 - 0
=4.979

Contango Ore'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 )
=(43.087-28.456)/54.856
=0.27

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=58.592 - 15.505
=43.087

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=73.136 - 36.78 - 7.9
=28.456

* 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.


Contango Ore Scaled Net Operating Assets Related Terms

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


Contango Ore (Contango Ore) Business Description

Traded in Other Exchanges
Address
3700 Buffalo Speedway, Suite 925, Houston, TX, USA, 77098
Contango Ore Inc operates in the United States. The company is engaged in the exploration of gold, silver, and copper ores in the State of Alaska. The company's primary focus is the exploration of a mineral lease with the Native Village of Tetlin whose governmental entity is the Tetlin Tribal Council for the exploration of minerals near Tok, Alaska. It has formed a joint venture to advance exploration of the Tetlin Property, which is prospective for gold and associated minerals. The Tetlin Property is located in the Tetlin Hills and Mentasta Mountains of eastern interior Alaska.
Executives
Nieuwenhuyse Rick Van director, officer: President and CEO C/O TRILOGY METALS, 1950 - 777 DUNSMUIR STREET, VANCOUVER A1 V7Y 1K4
John B Juneau director, officer: President and CEO 3700 BUFFALO SPEEDWAY, SUITE 960, HOUSTON TX 77098
Joseph S Compofelice director 24 WATERWAY AVENUE, STE 200, THE WOODLANDS TX 77380
Richard Shortz director 3700 BUFFALO SPEEDWAY, SUITE 925, HOUSTON TX 77098
Michael Aaron Clark officer: Executive VP-Finance 6202 OVERSTONE DR, WEST VANCOUVER Z4 V7W1X5
Leah S Gaines officer: Chief Financial Officer 3700 BUFFALO SPEEDWAY, SUITE 1010, HOUSTON TX 77098
Curtis J. Freeman director 3700 BUFFALO SPEEDWAY, STE. 925, HOUSTON TX 77098
Royal Gold Inc 10 percent owner 1144 15TH STREET, SUITE 2500, DENVER CO 80202
Scott J. Reiman 10 percent owner, other: Member of 10% owner group 730 17TH STREET SUITE 800, DENVER CO 80202
Kenneth R. Peak Marital Trust 10 percent owner 2 LONGFELLOW LANE, HOUSTON TX 77005
Estate Of Kenneth R. Peak 10 percent owner C/O CONTANGO OIL & GAS COMPANY, 3700 BUFFALO SPEEDWAY, SUITE 960, HOUSTON TX 77098
Joseph G. Greenberg director 3700 BUFFALO SPEEDWAY, STE 960, HOUSTON TX 77098
Donald Gillen 10 percent owner 21 CAPILANO DRIVE, SASKATOON A9 S7K 4A4
Hexagon, Llc 10 percent owner, other: Member of 10% owner group 730 SEVENTEENTH STREET, SUITE 800, DENVER CO 80202
Sergio Castro officer: Vice President, CFO, Treasurer 2019 MOUNTAIN CREEK, PEARLAND TX 77584