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Element 29 Resources (FRA:2IK) Scaled Net Operating Assets : 0.99 (As of Sep. 2024)


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What is Element 29 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.

Element 29 Resources's operating assets for the quarter that ended in Sep. 2024 was €6.96 Mil. Element 29 Resources's operating liabilities for the quarter that ended in Sep. 2024 was €0.14 Mil. Element 29 Resources's Total Assets for the quarter that ended in Jun. 2024 was €6.92 Mil. Therefore, Element 29 Resources's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.99.


Element 29 Resources Scaled Net Operating Assets Historical Data

The historical data trend for Element 29 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.

Element 29 Resources Scaled Net Operating Assets Chart

Element 29 Resources Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
0.68 0.88 0.80 0.74 0.99

Element 29 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 - 0.87 0.92 0.64 0.99

Competitive Comparison of Element 29 Resources's Scaled Net Operating Assets

For the Copper subindustry, Element 29 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.


Element 29 Resources's Scaled Net Operating Assets Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Element 29 Resources's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Element 29 Resources's Scaled Net Operating Assets falls into.



Element 29 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.

Element 29 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 )
=(10.047-0.09)/10.106
=0.99

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=10.886 - 0.839
=10.047

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.121 - 0.01 - 0.021
=0.09

Element 29 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 )
=(6.957-0.139)/6.919
=0.99

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=8.669 - 1.712
=6.957

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.152 - 0 - 0.013
=0.139

* 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.


Element 29 Resources Scaled Net Operating Assets Related Terms

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Element 29 Resources Business Description

Traded in Other Exchanges
Address
1650 - 1066 West Hastings Street, Vancouver, BC, CAN, V6C3X1
Element 29 Resources Inc is a Canada-based mineral exploration company acquiring, exploring, and evaluating resource properties. Its projects include the Flor de Cobre and Elida copper projects, among others. It has one business segment, the exploration of mineral properties. The company's properties are located in Peru.

Element 29 Resources Headlines

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