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RMRYF (Armory Mining) Scaled Net Operating Assets : 0.73 (As of Aug. 2024)


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What is Armory 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.

Armory Mining's operating assets for the quarter that ended in Aug. 2024 was $2.54 Mil. Armory Mining's operating liabilities for the quarter that ended in Aug. 2024 was $0.66 Mil. Armory Mining's Total Assets for the quarter that ended in May. 2024 was $2.59 Mil. Therefore, Armory Mining's scaled net operating assets (SNOA) for the quarter that ended in Aug. 2024 was 0.73.


Armory Mining Scaled Net Operating Assets Historical Data

The historical data trend for Armory 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.

Armory Mining Scaled Net Operating Assets Chart

Armory Mining Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Scaled Net Operating Assets
Get a 7-Day Free Trial 0.38 0.26 8.63 1.48 0.32

Armory Mining Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 0.53 0.46 0.70 0.66 0.73

Competitive Comparison of Armory Mining's Scaled Net Operating Assets

For the Other Industrial Metals & Mining subindustry, Armory 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.


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

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

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



Armory 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.

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

Scaled Net Operating Assets (SNOA)(A: Nov. 2023 )
=(Operating Assets (A: Nov. 2023 )-Operating Liabilities (A: Nov. 2023 ))/Total Assets (A: Nov. 2022 )
=(2.719-0.7)/6.382
=0.32

where

Operating Assets(A: Nov. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2.901 - 0.182
=2.719

Operating Liabilities(A: Nov. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.716 - 0 - 0.016
=0.7

Armory Mining's Scaled Net Operating Assets (SNOA) for the quarter that ended in Aug. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Aug. 2024 )
=(Operating Assets (Q: Aug. 2024 )-Operating Liabilities (Q: Aug. 2024 ))/Total Assets (Q: May. 2024 )
=(2.543-0.658)/2.587
=0.73

where

Operating Assets(Q: Aug. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2.553 - 0.01
=2.543

Operating Liabilities(Q: Aug. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.674 - 0 - 0.016
=0.658

* 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.


Armory Mining Scaled Net Operating Assets Related Terms

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Armory Mining Business Description

Traded in Other Exchanges
Address
1199 West Hastings Street, Suite 1100, Vancouver, BC, CAN, V6E 3T5
Armory Mining Corps is a Canadian lithium-focused mineral exploration company that has an 80% interest in the Candela II lithium brine project located in the Incahuasi Salar, Salta Province, Argentina. Armory also holds a 100% interest in the Kaslo Silver project, west of Kaslo, British Columbia, a 100% interest in certain mineral claims located in Haida Gwaii, British Columbia and an option to acquire a 100% interest in certain mineral claims located in Nova Scotia.