Lumina Gold (Lumina Gold) Scaled Net Operating Assets : -1.63 (As of Dec. 2023)

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What is Lumina 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.

Lumina Gold's operating assets for the quarter that ended in Dec. 2023 was $8.36 Mil. Lumina Gold's operating liabilities for the quarter that ended in Dec. 2023 was $29.92 Mil. Lumina Gold's Total Assets for the quarter that ended in Sep. 2023 was $13.24 Mil. Therefore, Lumina Gold's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was -1.63.

Lumina Gold Scaled Net Operating Assets Historical Data

The historical data trend for Lumina 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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Lumina Gold Scaled Net Operating Assets Chart

Lumina Gold Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Scaled Net Operating Assets

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0.26

0.46

0.80

0.18

-3.29

Lumina Gold 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															0.46	0.01	-1.37	-0.34	-1.63

Competitive Comparison of Lumina Gold's Scaled Net Operating Assets

For the Gold subindustry, Lumina 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.

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

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

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

Lumina 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.

Lumina Gold'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 )
=	(8.361	-	29.918)	/	6.558
=	-3.29

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	21.997	-	13.636
=	8.361

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	29.965	-	0	-	0.047
=	29.918

Lumina Gold'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 )
=	(8.361	-	29.918)	/	13.236
=	-1.63

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	21.997	-	13.636
=	8.361

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	29.965	-	0	-	0.047
=	29.918

Lumina Gold Scaled Net Operating Assets Related Terms

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Lumina Gold (Lumina Gold) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lumina Gold Corp (OTCPK:LMGDF) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

OMH2:Germany LUM:Canada

Address

625 Howe Street, Suite 410, Vancouver, BC, CAN, V6C 2T6

Website

http://www.luminagold.com

Lumina Gold Corp is a precious and base metals exploration and development company focused on the Cangrejos Gold-Copper Project located in El Oro Province, southwest Ecuador. Cangrejos is being advanced to a Pre-Feasibility Study and is the largest primary gold deposit in Ecuador. The company has an experienced management team with a successful track record of advancing and monetizing exploration projects. It has one reportable operating segment, being that of the acquisition, exploration and evaluation of mineral properties in Ecuador.