Inception Mining (Inception Mining) Scaled Net Operating Assets : -0.58 (As of Dec. 2023)

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What is Inception Mining 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.

Inception Mining's operating assets for the quarter that ended in Dec. 2023 was $0.02 Mil. Inception Mining's operating liabilities for the quarter that ended in Dec. 2023 was $1.37 Mil. Inception Mining's Total Assets for the quarter that ended in Sep. 2023 was $2.32 Mil. Therefore, Inception Mining's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was -0.58.

Inception Mining Scaled Net Operating Assets Historical Data

The historical data trend for Inception Mining'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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Inception Mining Scaled Net Operating Assets Chart

Inception Mining Annual Data

Trend

Jul14

Jul15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Scaled Net Operating Assets

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-17.11

-13.29

-12.63

-18.92

-1.17

Inception Mining Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Scaled Net Operating Assets	Get a 7-Day Free Trial															-13.32	1.14	0.47	0.33	-0.58

Competitive Comparison of Inception Mining's Scaled Net Operating Assets

For the Gold subindustry, Inception Mining'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.

Inception Mining's Scaled Net Operating Assets Distribution in the Metals & Mining Industry

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

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

Inception Mining 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.

Inception Mining'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 )
=	(0.023	-	1.371)	/	1.153
=	-1.17

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	0.023	-	0
=	0.023

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	2.445	-	0.869	-	0.205
=	1.371

Inception Mining's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Dec. 2023 )
=	(Operating Assets (Q: Dec. 2023 )	-	Operating Liabilities (Q: Dec. 2023 ))	/	Total Assets (Q: Sep. 2023 )
=	(0.023	-	1.371)	/	2.323
=	-0.58

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	0.023	-	0
=	0.023

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	2.445	-	0.869	-	0.205
=	1.371

Inception Mining Scaled Net Operating Assets Related Terms

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Inception Mining (Inception Mining) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Inception Mining Inc (OTCPK:IMII) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

5530 South 900 East, Suite 280, Murray, UT, USA, 84117

Website

https://www.inceptionmining.com

Inception Mining Inc is engaged in the identification, exploration, acquisition, and development of mineral properties. The company primarily explores gold. Its operations are focused on the Clavo Rico mine in Honduras, Central America. Inception derives most of its revenue from mining operations.

Executives

Whitney O Cluff	director, officer: Chief Financial Officer	6550 SOUTH MILLROCK DRIVE, SUITE 200, SALT LAKE CITY UT 84121
Trent D'ambrosio	director, 10 percent owner	5320 SOUTH 900 EAST, #260, MURRAY UT 84107
Reed L Benson	director	7050 UNION PARK CENTER, #600, SALT LAKE CITY UT 84047
Jason Briggs	10 percent owner	4049 S. HIGHLAND DRIVE, SALT LAKE CITY UT 84124
Kay W Briggs	director	978 EAGLE WAY, NORTH SALT LAKE UT 84054
Michael Ahlin	director, officer: CEO	4770 ICHABOD DRIVE, HOLLADAY UT 84117
Brian T. Brewer	director, officer: COO	P.O. BOX 305, SALMON ID 83467