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PPX Mining (PPX Mining) Scaled Net Operating Assets : 0.68 (As of Dec. 2023)


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What is PPX Mining 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.

PPX Mining's operating assets for the quarter that ended in Dec. 2023 was $8.91 Mil. PPX Mining's operating liabilities for the quarter that ended in Dec. 2023 was $2.60 Mil. PPX Mining's Total Assets for the quarter that ended in Sep. 2023 was $9.33 Mil. Therefore, PPX Mining's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.68.


PPX Mining Scaled Net Operating Assets Historical Data

The historical data trend for PPX Mining'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.

PPX Mining Scaled Net Operating Assets Chart

PPX Mining Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.85 0.60 0.38 0.69 0.62

PPX Mining Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.70 0.93 0.59 0.58 0.68

Competitive Comparison of PPX Mining's Scaled Net Operating Assets

For the Other Precious Metals & Mining subindustry, PPX Mining'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.


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

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

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



PPX Mining 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.

PPX Mining's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Sep. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Sep. 2023 )
=(Operating Assets (A: Sep. 2023 )-Operating Liabilities (A: Sep. 2023 ))/Total Assets (A: Sep. 2022 )
=(8.733-3.247)/8.817
=0.62

where

Operating Assets(A: Sep. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=9.327 - 0.594
=8.733

Operating Liabilities(A: Sep. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=8.126 - 4.308 - 0.571
=3.247

PPX Mining'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: Sep. 2023 )
=(8.91-2.601)/9.327
=0.68

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=9.184 - 0.274
=8.91

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=7.794 - 4.673 - 0.52
=2.601

* 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.


PPX Mining Scaled Net Operating Assets Related Terms

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PPX Mining (PPX Mining) Business Description

Traded in Other Exchanges
Address
82 Richmond Street East, Toronto, ON, CAN, M5C 1P1
PPX Mining Corp is a Canadian company. It is in the business of acquiring, exploring and evaluating mineral properties in areas which is a relatively high potential for mining success. The company is also involved in developing or joint venturing of mineral properties or disposing these properties when the evaluation is completed. It mainly focuses on mining activities which are on a long-term basis. The company is in the process of exploring mineral properties in Peru. It owns a gold and silver project, Igor which is located in the Northern Peru gold belt.