HHSRF (Hi Ho Silver Resources) Scaled Net Operating Assets: -0.02 (As of Apr. 2021)


What is Hi Ho Silver Resources Scaled Net Operating Assets?

Hi Ho Silver Resources HHSRF -99.75% Scaled Net Operating Assets is -0.02 as of Apr. 2021.

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

Hi Ho Silver Resources's operating assets for the quarter that ended in Apr. 2021 was $0.68 Mil. Hi Ho Silver Resources's operating liabilities for the quarter that ended in Apr. 2021 was $0.69 Mil. Hi Ho Silver Resources's Total Assets for the quarter that ended in Jan. 2021 was $0.72 Mil. Therefore, Hi Ho Silver Resources's scaled net operating assets (SNOA) for the quarter that ended in Apr. 2021 was -0.02.

Hi Ho Silver Resources Scaled Net Operating Assets Historical Data

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The historical data trend for Hi Ho Silver 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.

Hi Ho Silver Resources Scaled Net Operating Assets Chart

Hi Ho Silver Resources Annual Data
Trend Jul11 Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.82 -1.07 0.14 -0.02 0.03

Hi Ho Silver Resources Quarterly Data
Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21
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 0.18 0.03 -0.03 -0.18 -0.02

Hi Ho Silver Resources Scaled Net Operating Assets Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Hi Ho Silver 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.

Hi Ho Silver Resources Scaled Net Operating Assets vs Metals & Mining Industry

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

* The bar in red indicates where Hi Ho Silver Resources's Scaled Net Operating Assets falls into.


Hi Ho Silver 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.

Hi Ho Silver Resources's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jul. 2020 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jul. 2020 )
=(Operating Assets (A: Jul. 2020 )-Operating Liabilities (A: Jul. 2020 ))/Total Assets (A: Jul. 2019 )
=(0.64-0.62)/0.707
=0.03

where

Operating Assets(A: Jul. 2020 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.65 - 0.01
=0.64

Operating Liabilities(A: Jul. 2020 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.94 - 0.081 - 0.239
=0.62

Hi Ho Silver Resources's Scaled Net Operating Assets (SNOA) for the quarter that ended in Apr. 2021 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Apr. 2021 )
=(Operating Assets (Q: Apr. 2021 )-Operating Liabilities (Q: Apr. 2021 ))/Total Assets (Q: Jan. 2021 )
=(0.676-0.69)/0.724
=-0.02

where

Operating Assets(Q: Apr. 2021 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.677 - 0.001
=0.676

Operating Liabilities(Q: Apr. 2021 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.876 - 0.122 - 0.064
=0.69

* 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 -0.02 mean?
Hi Ho Silver Resources (HHSRF) has a Scaled Net Operating Assets of -0.02 as of Apr. 2021. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Hi Ho Silver Resources and its competitors.
Is Hi Ho Silver Resources' Scaled Net Operating Assets too high?
Hi Ho Silver Resources' current Scaled Net Operating Assets is -0.02.
How does Hi Ho Silver Resources' Scaled Net Operating Assets compare to competitors?
Hi Ho Silver Resources' Scaled Net Operating Assets of -0.02 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 Hi Ho Silver Resources and its competitors. Hi Ho Silver Resources's current Scaled Net Operating Assets is -0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hi Ho Silver Resources stock overvalued right now?
Hi Ho Silver Resources (HHSRF) has a current Scaled Net Operating Assets of -0.02. The current Scaled Net Operating Assets is -0.02. 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 Hi Ho Silver Resources (HHSRF), the current Scaled Net Operating Assets is -0.02 as of Apr. 2021. 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.

Hi Ho Silver Resources Business Description

Address Maple Ridge Square, P.O. Box 21199, Maple Ridge, BC, CAN, V2X 1P7
Hi Ho Silver Resources Inc is a Canadian based exploration company. It is engaged in the acquisition and exploration of mineral properties in British Columbia, Newfoundland, Labrador, and California. The company holds an interest in Norbeau Gold Property, Fairview South Okanagan Property, and Illite Clay project.