Precious Metals and Mining Trust (Precious Metals and Mining Trust) Scaled Net Operating Assets : 0.74 (As of Dec. 2023)

View and export this data going back to . Start your Free Trial

What is Precious Metals and Mining Trust 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.

Precious Metals and Mining Trust's operating assets for the quarter that ended in Dec. 2023 was $14.49 Mil. Precious Metals and Mining Trust's operating liabilities for the quarter that ended in Dec. 2023 was $0.21 Mil. Precious Metals and Mining Trust's Total Assets for the quarter that ended in Jun. 2023 was $19.21 Mil. Therefore, Precious Metals and Mining Trust's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.74.

Precious Metals and Mining Trust 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.

Precious Metals and Mining Trust'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 )
=	(14.488	-	0.212)	/	17.086
=	0.84

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	14.698	-	0.21
=	14.488

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	0.212	-	0	-	0
=	0.212

Precious Metals and Mining Trust's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Dec. 2023 )
=	(Operating Assets (Q: Dec. 2023 )	-	Operating Liabilities (Q: Dec. 2023 ))	/	Total Assets (Q: Jun. 2023 )
=	(14.488	-	0.212)	/	19.209
=	0.74

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	14.698	-	0.21
=	14.488

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	0.212	-	0	-	0
=	0.212

* 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.

Precious Metals and Mining Trust Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of Precious Metals and Mining Trust's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Precious Metals and Mining Trust (Precious Metals and Mining Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Precious Metals and Mining Trust (OTCPK:PMMTF) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

MMP.UN:Canada

Address

15 York Street, Second Floor, Toronto, ON, CAN, M5J 0A3

Website

https://www.ci.com

Precious Metals and Mining Trust is an investment trust operating in Canada. The investment objective of the company is to provide long-term capital appreciation and monthly cash distributions. The investment portfolio of the trust includes equity securities of metals and minerals mining and exploration issuers.