Golden Prospect Precious Metals (LSE:GPM) Scaled Net Operating Assets : 1.12 (As of Jun. 2024)

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What is Golden Prospect Precious 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.

Golden Prospect Precious Metals's operating assets for the quarter that ended in Jun. 2024 was £39.23 Mil. Golden Prospect Precious Metals's operating liabilities for the quarter that ended in Jun. 2024 was £0.19 Mil. Golden Prospect Precious Metals's Total Assets for the quarter that ended in Dec. 2023 was £34.85 Mil. Therefore, Golden Prospect Precious Metals's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2024 was 1.12.

Golden Prospect Precious 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.

Golden Prospect Precious 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 )
=	(34.587	-	0.186)	/	35.518
=	0.97

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	34.849	-	0.262
=	34.587

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	4.227	-	4.041	-	0
=	0.186

Golden Prospect Precious 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 )
=	(39.226	-	0.189)	/	34.849
=	1.12

where

	Operating Assets		(Q: Jun. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	39.246	-	0.02
=	39.226

	Operating Liabilities		(Q: Jun. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	3.834	-	3.645	-	0
=	0.189

* 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 Prospect Precious Metals Business Description

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Address

Royal Avenue, 1 Royal Plaza, Saint Peter Port, GGY, GY1 2HL

Website

https://www.ncim.co.uk

Golden Prospect Precious Metals Ltd is a closed-ended investment company. The company's investment objective is to generate above average returns for shareholders predominantly through the capital appreciation of its investments. It invests in portfolio of securities and other instruments in the precious metals, other metals, minerals, and commodities sectors.