SWYDF (Stornoway Diamond) Scaled Net Operating Assets: 0.18 (As of Jun. 2019)


What is Stornoway Diamond Scaled Net Operating Assets?

Stornoway Diamond SWYDF Scaled Net Operating Assets is 0.18 as of Jun. 2019.

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

Stornoway Diamond's operating assets for the quarter that ended in Jun. 2019 was $424.7 Mil. Stornoway Diamond's operating liabilities for the quarter that ended in Jun. 2019 was $274.2 Mil. Stornoway Diamond's Total Assets for the quarter that ended in Mar. 2019 was $818.1 Mil. Therefore, Stornoway Diamond's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2019 was 0.18.

Stornoway Diamond Scaled Net Operating Assets Historical Data

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The historical data trend for Stornoway Diamond'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.

Stornoway Diamond Scaled Net Operating Assets Chart

Stornoway Diamond Annual Data
Trend Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Dec16 Dec17 Dec18
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.91 1.26 0.84 0.65 0.44

Stornoway Diamond Quarterly Data
Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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 0.60 0.63 0.44 0.48 0.18

SWYDF vs DYNR, CTDT: Scaled Net Operating Assets Comparison

For the Other Precious Metals & Mining subindustry, Stornoway Diamond'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.

Stornoway Diamond Scaled Net Operating Assets vs Metals & Mining Industry

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

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


Stornoway Diamond 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.

Stornoway Diamond's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2018 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2018 )
=(Operating Assets (A: Dec. 2018 )-Operating Liabilities (A: Dec. 2018 ))/Total Assets (A: Dec. 2017 )
=(816.691-386.408)/983.867
=0.44

where

Operating Assets(A: Dec. 2018 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=843.333 - 26.642
=816.691

Operating Liabilities(A: Dec. 2018 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=630.942 - 234.471 - 10.063
=386.408

Stornoway Diamond's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2019 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2019 )
=(Operating Assets (Q: Jun. 2019 )-Operating Liabilities (Q: Jun. 2019 ))/Total Assets (Q: Mar. 2019 )
=(424.724-274.21)/818.121
=0.18

where

Operating Assets(Q: Jun. 2019 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=440.78 - 16.056
=424.724

Operating Liabilities(Q: Jun. 2019 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=519.431 - 218.238 - 26.983
=274.21

* 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 0.18 mean?
Stornoway Diamond (SWYDF) has a Scaled Net Operating Assets of 0.18 as of Jun. 2019. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Stornoway Diamond and its competitors.
Is Stornoway Diamond's Scaled Net Operating Assets too high?
Stornoway Diamond's current Scaled Net Operating Assets is 0.18.
How does Stornoway Diamond's Scaled Net Operating Assets compare to DYNR and CTDT?
Stornoway Diamond's Scaled Net Operating Assets of 0.18 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 Stornoway Diamond and its competitors. Stornoway Diamond's current Scaled Net Operating Assets is 0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stornoway Diamond stock overvalued right now?
Stornoway Diamond (SWYDF) has a current Scaled Net Operating Assets of 0.18. The current Scaled Net Operating Assets is 0.18. 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 Stornoway Diamond (SWYDF), the current Scaled Net Operating Assets is 0.18 as of Jun. 2019. 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.

Stornoway Diamond Business Description

Address 1111 St. Charles Street West, Tour Ouest, Suite 400, Longueuil, QC, CAN, J4K 5G4
Stornoway Diamond Corp is a leading Canadian diamond exploration and producing company. Its principal business is the development of its flagship asset, the fully-owned Renard Mine, located in Quebec, Canada. The company intends to grow its business through the exploration and development of its mines. Stornoway also holds interests in a portfolio of exploration assets across Canada through owned properties and joint ventures. These properties and joint ventures include projects such as Adamantin, Qilalugaq and Pikoo.