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G2 Goldfields (TSX:GTWO) Scaled Net Operating Assets : 0.57 (As of Nov. 2024)


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What is G2 Goldfields 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.

G2 Goldfields's operating assets for the quarter that ended in Nov. 2024 was C$64.92 Mil. G2 Goldfields's operating liabilities for the quarter that ended in Nov. 2024 was C$4.83 Mil. G2 Goldfields's Total Assets for the quarter that ended in Aug. 2024 was C$105.85 Mil. Therefore, G2 Goldfields's scaled net operating assets (SNOA) for the quarter that ended in Nov. 2024 was 0.57.


G2 Goldfields Scaled Net Operating Assets Historical Data

The historical data trend for G2 Goldfields'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.

G2 Goldfields Scaled Net Operating Assets Chart

G2 Goldfields Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.59 0.52 1.12 1.43 1.03

G2 Goldfields Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
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 0.76 0.89 0.70 0.78 0.57

Competitive Comparison of G2 Goldfields's Scaled Net Operating Assets

For the Gold subindustry, G2 Goldfields'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.


G2 Goldfields's Scaled Net Operating Assets Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, G2 Goldfields's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where G2 Goldfields's Scaled Net Operating Assets falls into.



G2 Goldfields 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.

G2 Goldfields's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in May. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: May. 2024 )
=(Operating Assets (A: May. 2024 )-Operating Liabilities (A: May. 2024 ))/Total Assets (A: May. 2023 )
=(47.382-2.478)/43.42
=1.03

where

Operating Assets(A: May. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=64.095 - 16.713
=47.382

Operating Liabilities(A: May. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2.478 - 0 - 0
=2.478

G2 Goldfields's Scaled Net Operating Assets (SNOA) for the quarter that ended in Nov. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Nov. 2024 )
=(Operating Assets (Q: Nov. 2024 )-Operating Liabilities (Q: Nov. 2024 ))/Total Assets (Q: Aug. 2024 )
=(64.92-4.829)/105.851
=0.57

where

Operating Assets(Q: Nov. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=106.927 - 42.007
=64.92

Operating Liabilities(Q: Nov. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4.829 - 0 - 0
=4.829

* 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.


G2 Goldfields Scaled Net Operating Assets Related Terms

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G2 Goldfields Business Description

Traded in Other Exchanges
Address
141 Adelaide Street West, Suite 1101, Toronto, ON, CAN, M5H 3L5
G2 Goldfields Inc is a Canada-based company engaged in the business of acquiring and exploring mineral properties. The company's project portfolio includes Sandy Lake Gold Project in Canada, Aremu / Oko Gold Project in Guyana, and Peters Mine in Guyana.
Executives
Anglogold Ashanti Holdings Plc 10% Security Holder
Patrick John Sheridan 10% Security Holder, Director, Senior Officer
Daniel Joseph Noone Director, Senior Officer
Stephen William Canning Stow Director
Bruce Rosenberg Director
Torben Michalsen Senior Officer
Paul Murphy Senior Officer
Peter James Mullens Director

G2 Goldfields Headlines

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