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Gold Miners Split (NEOE:GLC.PR.A.PFD) Scaled Net Operating Assets : -0.26 (As of Jun. 2020)


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What is Gold Miners Split 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.

Gold Miners Split's operating assets for the quarter that ended in Jun. 2020 was C$0.18 Mil. Gold Miners Split's operating liabilities for the quarter that ended in Jun. 2020 was C$9.26 Mil. Gold Miners Split's Total Assets for the quarter that ended in Dec. 2019 was C$35.48 Mil. Therefore, Gold Miners Split's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2020 was -0.26.


Gold Miners Split 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.

Gold Miners Split's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2019 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2019 )
=(Operating Assets (A: Dec. 2019 )-Operating Liabilities (A: Dec. 2019 ))/Total Assets (A: . 20 )
=(-)/
=

where

Operating Assets(A: Dec. 2019 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
= -
=

Gold Miners Split's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2020 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2020 )
=(Operating Assets (Q: Jun. 2020 )-Operating Liabilities (Q: Jun. 2020 ))/Total Assets (Q: Dec. 2019 )
=(0.178-9.262)/35.483
=-0.26

where

Operating Assets(Q: Jun. 2020 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=32.826 - 32.648
=0.178

Operating Liabilities(Q: Jun. 2020 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=9.262 - 0 - 0
=9.262

* 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.


Gold Miners Split Scaled Net Operating Assets Related Terms

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Gold Miners Split Business Description

Traded in Other Exchanges
N/A
Address
c/o Evolve Funds, 161 Bay Street, Suite 2700, Brookfield Place, Toronto, ON, CAN, M5J 2S1
Gold Miners Split Corp is a mutual fund corporation based in Canada. Its investment objective concerning the Class A Shares is to provide holders with capital appreciation.