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Montero Mining and Exploration (Montero Mining and Exploration) Scaled Net Operating Assets : -0.48 (As of Sep. 2023)


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What is Montero Mining and Exploration 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.

Montero Mining and Exploration's operating assets for the quarter that ended in Sep. 2023 was $0.66 Mil. Montero Mining and Exploration's operating liabilities for the quarter that ended in Sep. 2023 was $0.95 Mil. Montero Mining and Exploration's Total Assets for the quarter that ended in Jun. 2023 was $0.61 Mil. Therefore, Montero Mining and Exploration's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2023 was -0.48.


Montero Mining and Exploration Scaled Net Operating Assets Historical Data

The historical data trend for Montero Mining and Exploration'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.

Montero Mining and Exploration Scaled Net Operating Assets Chart

Montero Mining and Exploration Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 -1.04 -0.46 0.04 -0.20

Montero Mining and Exploration Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.01 -0.19 -0.48 -0.44 -0.48

Competitive Comparison of Montero Mining and Exploration's Scaled Net Operating Assets

For the Other Industrial Metals & Mining subindustry, Montero Mining and Exploration'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.


Montero Mining and Exploration's Scaled Net Operating Assets Distribution in the Metals & Mining Industry

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

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



Montero Mining and Exploration 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.

Montero Mining and Exploration's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2022 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2022 )
=(Operating Assets (A: Dec. 2022 )-Operating Liabilities (A: Dec. 2022 ))/Total Assets (A: Dec. 2021 )
=(0.436-0.559)/0.602
=-0.20

where

Operating Assets(A: Dec. 2022 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.44 - 0.004
=0.436

Operating Liabilities(A: Dec. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.559 - 0 - 0
=0.559

Montero Mining and Exploration's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2023 )
=(Operating Assets (Q: Sep. 2023 )-Operating Liabilities (Q: Sep. 2023 ))/Total Assets (Q: Jun. 2023 )
=(0.656-0.952)/0.611
=-0.48

where

Operating Assets(Q: Sep. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.663 - 0.007
=0.656

Operating Liabilities(Q: Sep. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.087 - 0 - 0.135
=0.952

* 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.


Montero Mining and Exploration Scaled Net Operating Assets Related Terms

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Montero Mining and Exploration (Montero Mining and Exploration) Business Description

Traded in Other Exchanges
Address
750 West Pender Street, Suite 401, Vancouver, BC, CAN, V6C 2T7
Montero Mining and Exploration Ltd is a Canada-based mineral exploration and development company. Principally, it is engaged in the identification, acquisition, evaluation, and exploration of mineral properties. The company's projects include Isabella Gold-Silver Project and Avispa Copper Molybdenum Project. Its reportable geographic segments are located in Canada, Namibia and Chile.