Mining Investments Resources (LSE:MIR) Scaled Net Operating Assets: -0.30 (As of Dec. 2013)


What is Mining Investments Resources Scaled Net Operating Assets?

Mining Investments Resources LSE:MIR Scaled Net Operating Assets is -0.30 as of Dec. 2013. The stock has 2 warning signs investors should review.

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

Mining Investments Resources's operating assets for the quarter that ended in Dec. 2013 was £0.00 Mil. Mining Investments Resources's operating liabilities for the quarter that ended in Dec. 2013 was £0.21 Mil. Mining Investments Resources's Total Assets for the quarter that ended in Jun. 2013 was £0.70 Mil. Therefore, Mining Investments Resources's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2013 was -0.30.

Mining Investments Resources Scaled Net Operating Assets Historical Data

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The historical data trend for Mining Investments 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.

Mining Investments Resources Scaled Net Operating Assets Chart

Mining Investments Resources Annual Data
Trend Mar04 Mar05 Mar06 Mar07 Mar08 Jun09 Jun10 Jun11 Jun12 Jun13
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.66 0.42 -0.29 4.15

Mining Investments Resources Semi-Annual Data
Sep03 Mar04 Sep04 Mar05 Sep05 Mar06 Sep06 Mar07 Sep07 Mar08 Sep08 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13
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 0.34 -0.39 -8.50 0.14 -0.30

Mining Investments Resources Scaled Net Operating Assets Competitor Comparison

For the Conglomerates subindustry, Mining Investments 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.

Mining Investments Resources Scaled Net Operating Assets vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Mining Investments Resources's Scaled Net Operating Assets distribution charts can be found below:

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


Mining Investments 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.

Mining Investments Resources's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2013 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jun. 2013 )
=(Operating Assets (A: Jun. 2013 )-Operating Liabilities (A: Jun. 2013 ))/Total Assets (A: Jun. 2012 )
=(0.298-0.215)/0.02
=4.15

where

Operating Assets(A: Jun. 2013 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.701 - 0.403
=0.298

Operating Liabilities(A: Jun. 2013 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.215 - 0 - 0
=0.215

Mining Investments Resources's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2013 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2013 )
=(Operating Assets (Q: Dec. 2013 )-Operating Liabilities (Q: Dec. 2013 ))/Total Assets (Q: Jun. 2013 )
=(0.003-0.213)/0.701
=-0.30

where

Operating Assets(Q: Dec. 2013 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.422 - 0.419
=0.003

Operating Liabilities(Q: Dec. 2013 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.213 - 0 - 0
=0.213

* 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 -0.30 mean?
Mining Investments Resources (LSE:MIR) has a Scaled Net Operating Assets of -0.30 as of Dec. 2013. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Mining Investments Resources and its competitors.
Is Mining Investments Resources' Scaled Net Operating Assets too high?
Mining Investments Resources' current Scaled Net Operating Assets is -0.30.
How does Mining Investments Resources' Scaled Net Operating Assets compare to competitors?
Mining Investments Resources' Scaled Net Operating Assets of -0.30 can be compared against companies in the Conglomerates 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 Conglomerates company?
A good Scaled Net Operating Assets depends on the Conglomerates 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 Mining Investments Resources and its competitors. Mining Investments Resources's current Scaled Net Operating Assets is -0.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mining Investments Resources stock overvalued right now?
Mining Investments Resources (LSE:MIR) has a current Scaled Net Operating Assets of -0.30. The current Scaled Net Operating Assets is -0.30. 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 Mining Investments Resources (LSE:MIR), the current Scaled Net Operating Assets is -0.30 as of Dec. 2013. 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.

Mining Investments Resources Business Description

Mining Investments Resources PLC is an investing company. It mainly invests in businesses which possess the opportunity for high growth, generally through exploitation of intellectual property. The Company's investing policy is to acquire a diverse portfolio of direct and indirect interests in exploration and producing projects and assets in the natural resources sector.