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PolyMet Mining (TSX:POM) Scaled Net Operating Assets : 1.04 (As of Jun. 2023)


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What is PolyMet 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.

PolyMet Mining's operating assets for the quarter that ended in Jun. 2023 was C$706.81 Mil. PolyMet Mining's operating liabilities for the quarter that ended in Jun. 2023 was C$49.79 Mil. PolyMet Mining's Total Assets for the quarter that ended in Mar. 2023 was C$628.92 Mil. Therefore, PolyMet Mining's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2023 was 1.04.


PolyMet Mining Scaled Net Operating Assets Historical Data

The historical data trend for PolyMet 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.

PolyMet Mining Scaled Net Operating Assets Chart

PolyMet Mining Annual Data
Trend Jan13 Jan14 Jan15 Jan16 Jan17 Dec18 Dec19 Dec20 Dec21 Dec22
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.07 0.79 0.86 0.89 0.93

PolyMet Mining Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 0.87 0.89 0.87 0.84 1.05

Competitive Comparison of PolyMet Mining's Scaled Net Operating Assets

For the Other Industrial Metals & Mining subindustry, PolyMet 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.


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

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

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



PolyMet 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.

PolyMet Mining's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2022 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2022 )
=(Operating Assets (A: Dec. 2022 )-Operating Liabilities (A: Dec. 2022 ))/Total Assets (A: Dec. 2021 )
=(654.535-95.035)/599.201
=0.93

where

Operating Assets(A: Dec. 2022 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=669.541 - 15.006
=654.535

Operating Liabilities(A: Dec. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=223.716 - 0.278 - 128.403
=95.035

PolyMet Mining's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2023 )
=(Operating Assets (Q: Jun. 2023 )-Operating Liabilities (Q: Jun. 2023 ))/Total Assets (Q: Mar. 2023 )
=(706.805-49.792)/628.92
=1.04

where

Operating Assets(Q: Jun. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=725.521 - 18.716
=706.805

Operating Liabilities(Q: Jun. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=49.979 - 0.098 - 0.089
=49.792

* 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.


PolyMet Mining Scaled Net Operating Assets Related Terms

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PolyMet Mining (TSX:POM) Business Description

Traded in Other Exchanges
N/A
Address
444 Cedar Street, Suite 2060, St. Paul, MN, USA, 55101
PolyMet Mining Corp is engaged in the exploration and development of natural resource properties. The company's primary mineral property is the NorthMet Project, which is a polymetallic project in northeastern Minnesota, USA. The NorthMet Project comprises two key elements: the NorthMet deposit (or Mine Site) and the Erie Plant. The company ultimately plans to produce metals such as copper, nickel, cobalt, gold, silver, and platinum.