GDSKF (Nevada Zinc) Scaled Net Operating Assets: -23.47 (As of Sep. 2023)


What is Nevada Zinc Scaled Net Operating Assets?

Nevada Zinc GDSKF Scaled Net Operating Assets is -23.47 as of Sep. 2023.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Nevada Zinc's operating assets for the quarter that ended in Sep. 2023 was $0.02 Mil. Nevada Zinc's operating liabilities for the quarter that ended in Sep. 2023 was $0.47 Mil. Nevada Zinc's Total Assets for the quarter that ended in Jun. 2023 was $0.02 Mil. Therefore, Nevada Zinc's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2023 was -23.47.

Nevada Zinc Scaled Net Operating Assets Historical Data

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The historical data trend for Nevada Zinc'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.

Nevada Zinc Scaled Net Operating Assets Chart

Nevada Zinc Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.07 -3.54 -8.33 -23.67 -6.78

Nevada Zinc Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -1.47 -2.48 -6.33 -11.75 -23.47

Nevada Zinc Scaled Net Operating Assets Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Nevada Zinc'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.

Nevada Zinc Scaled Net Operating Assets vs Metals & Mining Industry

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

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


Nevada Zinc 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.

Nevada Zinc's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2022 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2022 )
=(Operating Assets (A: Dec. 2022 )-Operating Liabilities (A: Dec. 2022 ))/Total Assets (A: Dec. 2021 )
=(0.019-0.324)/0.045
=-6.78

where

Operating Assets(A: Dec. 2022 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.077 - 0.058
=0.019

Operating Liabilities(A: Dec. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.324 - 0 - 0
=0.324

Nevada Zinc's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2023 )
=(Operating Assets (Q: Sep. 2023 )-Operating Liabilities (Q: Sep. 2023 ))/Total Assets (Q: Jun. 2023 )
=(0.02-0.466)/0.019
=-23.47

where

Operating Assets(Q: Sep. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.026 - 0.006
=0.02

Operating Liabilities(Q: Sep. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.466 - 0 - 0
=0.466

* 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.

What does a Scaled Net Operating Assets of -23.47 mean?
Nevada Zinc (GDSKF) has a Scaled Net Operating Assets of -23.47 as of Sep. 2023. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Nevada Zinc and its competitors.
Is Nevada Zinc's Scaled Net Operating Assets too high?
Nevada Zinc's current Scaled Net Operating Assets is -23.47.
How does Nevada Zinc's Scaled Net Operating Assets compare to competitors?
Nevada Zinc's Scaled Net Operating Assets of -23.47 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Metals & Mining company?
A good Scaled Net Operating Assets depends on the Metals & Mining industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Nevada Zinc and its competitors. Nevada Zinc's current Scaled Net Operating Assets is -23.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nevada Zinc stock overvalued right now?
Nevada Zinc (GDSKF) has a current Scaled Net Operating Assets of -23.47. The current Scaled Net Operating Assets is -23.47. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Nevada Zinc (GDSKF), the current Scaled Net Operating Assets is -23.47 as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Nevada Zinc Business Description

Address 82 Richmond Street East, The Canadian Venture Building, Toronto, ON, CAN, M5C 1P1
Nevada Zinc Corp is engaged in the is the exploration and development of its high-grade zinc carbonate-oxide deposit located near Eureka, Nevada. It operates in two segments: mineral exploration in Canada and the United States. Its property holdings are the Lone Mountain Zinc Project. The Lone Mountain Zinc Project is comprised of 202 unpatented lode mining claims and one patented mining claim.