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QCCUF (XXIX Metal) Scaled Net Operating Assets : 0.14 (As of Jul. 2024)


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What is XXIX Metal 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.

XXIX Metal's operating assets for the quarter that ended in Jul. 2024 was $1.26 Mil. XXIX Metal's operating liabilities for the quarter that ended in Jul. 2024 was $0.15 Mil. XXIX Metal's Total Assets for the quarter that ended in Apr. 2024 was $8.09 Mil. Therefore, XXIX Metal's scaled net operating assets (SNOA) for the quarter that ended in Jul. 2024 was 0.14.


XXIX Metal Scaled Net Operating Assets Historical Data

The historical data trend for XXIX Metal'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.

XXIX Metal Scaled Net Operating Assets Chart

XXIX Metal Annual Data
Trend Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Scaled Net Operating Assets
Get a 7-Day Free Trial -0.01 6.84 -0.07 0.05 0.11

XXIX Metal Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 0.02 0.14 0.19 0.10 0.14

Competitive Comparison of XXIX Metal's Scaled Net Operating Assets

For the Copper subindustry, XXIX Metal'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.


XXIX Metal's Scaled Net Operating Assets Distribution in the Metals & Mining Industry

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

* The bar in red indicates where XXIX Metal's Scaled Net Operating Assets falls into.



XXIX Metal 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.

XXIX Metal's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Oct. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Oct. 2023 )
=(Operating Assets (A: Oct. 2023 )-Operating Liabilities (A: Oct. 2023 ))/Total Assets (A: Oct. 2022 )
=(1.588-0.191)/12.3
=0.11

where

Operating Assets(A: Oct. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=9.031 - 7.443
=1.588

Operating Liabilities(A: Oct. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.191 - 0 - 0
=0.191

XXIX Metal's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jul. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jul. 2024 )
=(Operating Assets (Q: Jul. 2024 )-Operating Liabilities (Q: Jul. 2024 ))/Total Assets (Q: Apr. 2024 )
=(1.264-0.147)/8.088
=0.14

where

Operating Assets(Q: Jul. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6.77 - 5.506
=1.264

Operating Liabilities(Q: Jul. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.147 - 0 - 0
=0.147

* 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.


XXIX Metal Scaled Net Operating Assets Related Terms

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XXIX Metal Business Description

Traded in Other Exchanges
Address
55 University Avenue, Suite 1805, Toronto, ON, CAN, M5J 2H7
QC Copper and Gold Inc are engaged in the business activity is the exploration, development and production of exploration and evaluation assets in Canada. The company is involved in the project namely Cooke Robitaille, Roger and Opemiska.

XXIX Metal Headlines