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Omineca Mining and Metals (Omineca Mining and Metals) Scaled Net Operating Assets : 0.87 (As of Mar. 2024)


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What is Omineca Mining and 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.

Omineca Mining and Metals's operating assets for the quarter that ended in Mar. 2024 was $11.85 Mil. Omineca Mining and Metals's operating liabilities for the quarter that ended in Mar. 2024 was $0.63 Mil. Omineca Mining and Metals's Total Assets for the quarter that ended in Dec. 2023 was $12.84 Mil. Therefore, Omineca Mining and Metals's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.87.


Omineca Mining and Metals Scaled Net Operating Assets Historical Data

The historical data trend for Omineca Mining and 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.

Omineca Mining and Metals Scaled Net Operating Assets Chart

Omineca Mining and Metals Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.99 1.21 0.90 0.86 0.97

Omineca Mining and Metals Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
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 0.92 0.92 0.83 0.86 0.87

Competitive Comparison of Omineca Mining and Metals's Scaled Net Operating Assets

For the Gold subindustry, Omineca Mining and 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.


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

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

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



Omineca Mining and 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.

Omineca Mining and 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 )
=(11.865-0.644)/11.558
=0.97

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=12.836 - 0.971
=11.865

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=8.087 - 7.443 - 0
=0.644

Omineca Mining and Metals's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2024 )
=(Operating Assets (Q: Mar. 2024 )-Operating Liabilities (Q: Mar. 2024 ))/Total Assets (Q: Dec. 2023 )
=(11.849-0.63)/12.836
=0.87

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=12.407 - 0.558
=11.849

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=8.042 - 7.412 - 0
=0.63

* 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.


Omineca Mining and Metals Scaled Net Operating Assets Related Terms

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Omineca Mining and Metals (Omineca Mining and Metals) Business Description

Traded in Other Exchanges
Address
224-4th Avenue South, Suite 602, Saskatoon, SK, CAN, S7K 5M5
Omineca Mining and Metals Ltd is a junior gold company. Principally, it is engaged in the acquisition, exploration, and development of mineral properties. Its exploration and evaluation properties are classified into two geographical locations, namely British Columbia and the Yukon. The company's properties include the Fraser Canyon, Mouse Mountain, Wingdam and others.

Omineca Mining and Metals (Omineca Mining and Metals) Headlines