Red Lake Gold (FRA:P11A) Scaled Net Operating Assets : 1.05 (As of Nov. 2024)

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What is Red Lake Gold 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.

Red Lake Gold's operating assets for the quarter that ended in Nov. 2024 was €1.52 Mil. Red Lake Gold's operating liabilities for the quarter that ended in Nov. 2024 was €0.02 Mil. Red Lake Gold's Total Assets for the quarter that ended in Aug. 2024 was €1.44 Mil. Therefore, Red Lake Gold's scaled net operating assets (SNOA) for the quarter that ended in Nov. 2024 was 1.05.

Red Lake Gold Scaled Net Operating Assets Historical Data

The historical data trend for Red Lake Gold'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.

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Red Lake Gold Scaled Net Operating Assets Chart

Red Lake Gold Annual Data

Trend

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Nov24

Scaled Net Operating Assets

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0.93

0.81

0.91

0.84

1.10

Red Lake Gold Quarterly Data
	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
Scaled Net Operating Assets	Get a 7-Day Free Trial															0.92	0.99	0.99	0.95	1.05

Competitive Comparison of Red Lake Gold's Scaled Net Operating Assets

For the Gold subindustry, Red Lake Gold'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.

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

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

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

Red Lake Gold 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.

Red Lake Gold's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Nov. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Nov. 2024 )
=	(Operating Assets (A: Nov. 2024 )	-	Operating Liabilities (A: Nov. 2024 ))	/	Total Assets (A: Nov. 2023 )
=	(1.522	-	0.016)	/	1.372
=	1.10

where

	Operating Assets		(A: Nov. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	1.703	-	0.181
=	1.522

	Operating Liabilities		(A: Nov. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	0.016	-	0	-	0
=	0.016

Red Lake Gold's Scaled Net Operating Assets (SNOA) for the quarter that ended in Nov. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Nov. 2024 )
=	(Operating Assets (Q: Nov. 2024 )	-	Operating Liabilities (Q: Nov. 2024 ))	/	Total Assets (Q: Aug. 2024 )
=	(1.522	-	0.016)	/	1.439
=	1.05

where

	Operating Assets		(Q: Nov. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	1.703	-	0.181
=	1.522

	Operating Liabilities		(Q: Nov. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	0.016	-	0	-	0
=	0.016

Red Lake Gold Scaled Net Operating Assets Related Terms

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Red Lake Gold Business Description

Industry

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RGLD:Canada

Address

1075 West Georgia Street, Suite 1890, Vancouver, BC, CAN, V6E 3C9

Website

https://www.redlakegold.ca

Red Lake Gold Inc is focused on high-impact gold exploration through its Whirlwind Jack Gold Project which is a district-scale gold exploration project located near Red Lake, Ontario. The LP Fault structure interpreted in this project is situated within a deep magnetic low. The company's projects also include the Fenelon North Gold Project and the Celt Lake Lithium Project.

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