GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » First Class Metals PLC (LSE:FCM) » Definitions » Scaled Net Operating Assets

First Class Metals (LSE:FCM) Scaled Net Operating Assets : 0.71 (As of Jun. 2024)


View and export this data going back to 2022. Start your Free Trial

What is First Class Metals 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.

First Class Metals's operating assets for the quarter that ended in Jun. 2024 was £3.50 Mil. First Class Metals's operating liabilities for the quarter that ended in Jun. 2024 was £0.82 Mil. First Class Metals's Total Assets for the quarter that ended in Dec. 2023 was £3.78 Mil. Therefore, First Class Metals's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2024 was 0.71.


First Class Metals Scaled Net Operating Assets Historical Data

The historical data trend for First Class Metals'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.

* Premium members only.

First Class Metals Scaled Net Operating Assets Chart

First Class Metals Annual Data
Trend Dec21 Dec22 Dec23
Scaled Net Operating Assets
0.75 1.43 0.98

First Class Metals Semi-Annual Data
Jun22 Dec22 Jun23 Dec23 Jun24
Scaled Net Operating Assets - - 0.82 0.80 0.71

Competitive Comparison of First Class Metals's Scaled Net Operating Assets

For the Other Industrial Metals & Mining subindustry, First Class Metals'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.


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

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

* The bar in red indicates where First Class Metals's Scaled Net Operating Assets falls into.



First Class Metals 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.

First Class Metals'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 )
=(3.642-0.527)/3.196
=0.97

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3.783 - 0.141
=3.642

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.687 - 0 - 0.16
=0.527

First Class Metals's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2024 )
=(Operating Assets (Q: Jun. 2024 )-Operating Liabilities (Q: Jun. 2024 ))/Total Assets (Q: Dec. 2023 )
=(3.503-0.821)/3.783
=0.71

where

Operating Assets(Q: Jun. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3.586 - 0.083
=3.503

Operating Liabilities(Q: Jun. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.056 - 0 - 0.235
=0.821

* 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.


First Class Metals Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of First Class Metals's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


First Class Metals Business Description

Traded in Other Exchanges
N/A
Address
Salesbury Hall Road, Suite 24, Manor Court, Manor Court Offices, Ribchester, Preston, GBR, PR3 3XR
First Class Metals PLC is a minerals exploration company. It is focused on providing and developing the potential of flagship property North Hemlo which includes the Pickle Lake Palladium One JV area as well as systematic exploration of the Esa, Sugar Cube, McKellar, Magical, Enable and Coco East projects, in the Hemlo - Harte gold mines region in the Western portion of the Wawa-Abitibi Gold Belt of Ontario, Canada.

First Class Metals Headlines

No Headlines