STACF (Portex Minerals) Scaled Net Operating Assets: -10.97 (As of Jun. 2016)


What is Portex Minerals Scaled Net Operating Assets?

Portex Minerals STACF Scaled Net Operating Assets is -10.97 as of Jun. 2016.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Portex Minerals's operating assets for the quarter that ended in Jun. 2016 was $0.03 Mil. Portex Minerals's operating liabilities for the quarter that ended in Jun. 2016 was $0.38 Mil. Portex Minerals's Total Assets for the quarter that ended in Mar. 2016 was $0.03 Mil. Therefore, Portex Minerals's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2016 was -10.97.

Portex Minerals Scaled Net Operating Assets Historical Data

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The historical data trend for Portex Minerals'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.

Portex Minerals Scaled Net Operating Assets Chart

Portex Minerals Annual Data
Trend Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only 0.36 0.77 0.09 -0.49 -0.77

Portex Minerals Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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 -4.01 -5.46 -12.68 -10.66 -10.97

Portex Minerals Scaled Net Operating Assets Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Portex Minerals'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.

Portex Minerals Scaled Net Operating Assets vs Metals & Mining Industry

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

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


Portex Minerals 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.

Portex Minerals's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Sep. 2015 is calculated as

Scaled Net Operating Assets (SNOA)(A: Sep. 2015 )
=(Operating Assets (A: Sep. 2015 )-Operating Liabilities (A: Sep. 2015 ))/Total Assets (A: Sep. 2014 )
=(0.035-1.662)/2.103
=-0.77

where

Operating Assets(A: Sep. 2015 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.126 - 0.091
=0.035

Operating Liabilities(A: Sep. 2015 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.681 - 0 - 0.019
=1.662

Portex Minerals's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2016 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2016 )
=(Operating Assets (Q: Jun. 2016 )-Operating Liabilities (Q: Jun. 2016 ))/Total Assets (Q: Mar. 2016 )
=(0.033-0.384)/0.032
=-10.97

where

Operating Assets(Q: Jun. 2016 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.033 - 0
=0.033

Operating Liabilities(Q: Jun. 2016 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.403 - 0 - 0.019
=0.384

* 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.

What does a Scaled Net Operating Assets of -10.97 mean?
Portex Minerals (STACF) has a Scaled Net Operating Assets of -10.97 as of Jun. 2016. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Portex Minerals and its competitors.
Is Portex Minerals' Scaled Net Operating Assets too high?
Portex Minerals' current Scaled Net Operating Assets is -10.97.
How does Portex Minerals' Scaled Net Operating Assets compare to competitors?
Portex Minerals' Scaled Net Operating Assets of -10.97 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Metals & Mining company?
A good Scaled Net Operating Assets depends on the Metals & Mining industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Portex Minerals and its competitors. Portex Minerals's current Scaled Net Operating Assets is -10.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Portex Minerals stock overvalued right now?
Portex Minerals (STACF) has a current Scaled Net Operating Assets of -10.97. The current Scaled Net Operating Assets is -10.97. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Portex Minerals (STACF), the current Scaled Net Operating Assets is -10.97 as of Jun. 2016. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Portex Minerals Business Description

Address 2 Bloor Street West, Suite 2000, Toronto, ON, CAN, M4W 3E2
Portex Minerals Inc is a mineral exploration and development company focused on the acquisition and development of mining projects in Europe and other low-risk jurisdictions.