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SSVRF (Summa Silver) Scaled Net Operating Assets : 0.93 (As of May. 2024)


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What is Summa Silver 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.

Summa Silver's operating assets for the quarter that ended in May. 2024 was $31.37 Mil. Summa Silver's operating liabilities for the quarter that ended in May. 2024 was $0.12 Mil. Summa Silver's Total Assets for the quarter that ended in Feb. 2024 was $33.70 Mil. Therefore, Summa Silver's scaled net operating assets (SNOA) for the quarter that ended in May. 2024 was 0.93.


Summa Silver Scaled Net Operating Assets Historical Data

The historical data trend for Summa Silver'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.

Summa Silver Scaled Net Operating Assets Chart

Summa Silver Annual Data
Trend Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Scaled Net Operating Assets
Get a 7-Day Free Trial 0.86 12.12 1.00 1.11 1.06

Summa Silver Quarterly Data
Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24
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 0.73 0.85 0.94 0.92 0.93

Competitive Comparison of Summa Silver's Scaled Net Operating Assets

For the Other Precious Metals & Mining subindustry, Summa Silver'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.


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

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

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



Summa Silver 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.

Summa Silver's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Aug. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Aug. 2023 )
=(Operating Assets (A: Aug. 2023 )-Operating Liabilities (A: Aug. 2023 ))/Total Assets (A: Aug. 2022 )
=(26.063-0.207)/24.461
=1.06

where

Operating Assets(A: Aug. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=31.255 - 5.192
=26.063

Operating Liabilities(A: Aug. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.207 - 0 - 0
=0.207

Summa Silver's Scaled Net Operating Assets (SNOA) for the quarter that ended in May. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: May. 2024 )
=(Operating Assets (Q: May. 2024 )-Operating Liabilities (Q: May. 2024 ))/Total Assets (Q: Feb. 2024 )
=(31.373-0.124)/33.702
=0.93

where

Operating Assets(Q: May. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=32.802 - 1.429
=31.373

Operating Liabilities(Q: May. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.124 - 0 - 0
=0.124

* 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.


Summa Silver Scaled Net Operating Assets Related Terms

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Summa Silver Business Description

Traded in Other Exchanges
Address
1030 West Georgia Street, Suite 918, Vancouver, BC, CAN, V6E 2Y3
Summa Silver Corp is a Canadian junior mineral exploration company. The company's property consists of the Hughes Property located in Central Nevada, the Mogollon Property located in southwestern New Mexico, and Donna Property located in the Kamloops Mining Division in British Columbia.