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

FOSYF (Forsys Metals) Scaled Net Operating Assets : 0.76 (As of Sep. 2024)


View and export this data going back to 2009. Start your Free Trial

What is Forsys Metals 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.

Forsys Metals's operating assets for the quarter that ended in Sep. 2024 was $13.11 Mil. Forsys Metals's operating liabilities for the quarter that ended in Sep. 2024 was $0.54 Mil. Forsys Metals's Total Assets for the quarter that ended in Jun. 2024 was $16.44 Mil. Therefore, Forsys Metals's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.76.


Forsys Metals Scaled Net Operating Assets Historical Data

The historical data trend for Forsys Metals'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.

Forsys Metals Scaled Net Operating Assets Chart

Forsys Metals 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 0.92 0.91 0.86 0.31 0.36

Forsys Metals 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 0.36 0.40 0.46 0.61 0.77

Competitive Comparison of Forsys Metals's Scaled Net Operating Assets

For the Other Industrial Metals & Mining subindustry, Forsys Metals'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.


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

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

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



Forsys Metals 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.

Forsys Metals'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 )
=(8.847-1.517)/20.113
=0.36

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=18.093 - 9.246
=8.847

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.517 - 0 - 0
=1.517

Forsys Metals'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 )
=(13.108-0.542)/16.435
=0.76

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=16.967 - 3.859
=13.108

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.542 - 0 - 0
=0.542

* 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.


Forsys Metals Scaled Net Operating Assets Related Terms

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


Forsys Metals Business Description

Traded in Other Exchanges
Address
20 Adelaide Street East, Suite 200, Toronto, ON, CAN, M5C 2T6
Forsys Metals Corp is involved in the business of exploring, acquiring and developing mineral properties. The group has determined that it has one operating segment, the acquisition, exploration, and development of uranium and gold mineral properties. Its principal focus is on bringing its wholly-owned Norasa Uranium Project into production. Norasa project is the consolidation of the Valencia and Namibplaas Uranium projects.

Forsys Metals Headlines

From GuruFocus

Forsys Announces Annual Meeting Voting Results

By GlobeNewswire 06-28-2024

Forsys Announces Annual and Special Meeting Voting Results

By GlobeNewswire GlobeNewswire 06-30-2018

Forsys Closes Non-Brokered Private Placement

By GlobeNewswire GlobeNewswire 09-22-2018

Forsys Announces Annual Meeting Voting Results

By GlobeNewswire GlobeNewswire 12-29-2020

Forsys Announces Appointment of Director

By GlobeNewswire 09-04-2024