GOLXF (Golden Lake Exploration) Scaled Net Operating Assets : 0.97 (As of Aug. 2024)

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What is Golden Lake Exploration 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.

Golden Lake Exploration's operating assets for the quarter that ended in Aug. 2024 was $7.45 Mil. Golden Lake Exploration's operating liabilities for the quarter that ended in Aug. 2024 was $0.05 Mil. Golden Lake Exploration's Total Assets for the quarter that ended in May. 2024 was $7.61 Mil. Therefore, Golden Lake Exploration's scaled net operating assets (SNOA) for the quarter that ended in Aug. 2024 was 0.97.

Golden Lake Exploration Scaled Net Operating Assets Historical Data

The historical data trend for Golden Lake Exploration'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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Golden Lake Exploration Scaled Net Operating Assets Chart

Golden Lake Exploration Annual Data

Trend

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Scaled Net Operating Assets

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0.02

12.11

2.91

0.68

0.87

Golden Lake Exploration Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
Scaled Net Operating Assets	Get a 7-Day Free Trial															0.92	0.91	1.00	0.99	0.97

Competitive Comparison of Golden Lake Exploration's Scaled Net Operating Assets

For the Other Industrial Metals & Mining subindustry, Golden Lake Exploration'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.

Golden Lake Exploration's Scaled Net Operating Assets Distribution in the Metals & Mining Industry

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

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

Golden Lake Exploration 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.

Golden Lake Exploration's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Nov. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Nov. 2023 )
=	(Operating Assets (A: Nov. 2023 )	-	Operating Liabilities (A: Nov. 2023 ))	/	Total Assets (A: Nov. 2022 )
=	(7.118	-	0.047)	/	8.103
=	0.87

where

	Operating Assets		(A: Nov. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	7.192	-	0.074
=	7.118

	Operating Liabilities		(A: Nov. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	0.047	-	0	-	0
=	0.047

Golden Lake Exploration's Scaled Net Operating Assets (SNOA) for the quarter that ended in Aug. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Aug. 2024 )
=	(Operating Assets (Q: Aug. 2024 )	-	Operating Liabilities (Q: Aug. 2024 ))	/	Total Assets (Q: May. 2024 )
=	(7.446	-	0.052)	/	7.61
=	0.97

where

	Operating Assets		(Q: Aug. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	7.549	-	0.103
=	7.446

	Operating Liabilities		(Q: Aug. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	0.052	-	0	-	0
=	0.052

Golden Lake Exploration Scaled Net Operating Assets Related Terms

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Golden Lake Exploration Business Description

Industry

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GLM:Canada

Address

789 West Pender Street, Suite 1240, Vancouver, BC, CAN, V6C 1H2

Website

https://www.goldenlakex.com

Golden Lake Exploration Inc is a Canada-based company engaged in the acquisition and exploration of mineral property assets. It holds interests in the projects of Jewel Ridge Project, Copperview Project, Conglin Creek Copper Project, Full Monty Property, Deadman Lake, and South Dill Project.