TRX Gold (TSX:TRX) Scaled Net Operating Assets : 0.67 (As of Nov. 2024)

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What is TRX Gold 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.

TRX Gold's operating assets for the quarter that ended in Nov. 2024 was C$133.93 Mil. TRX Gold's operating liabilities for the quarter that ended in Nov. 2024 was C$43.90 Mil. TRX Gold's Total Assets for the quarter that ended in Aug. 2024 was C$134.99 Mil. Therefore, TRX Gold's scaled net operating assets (SNOA) for the quarter that ended in Nov. 2024 was 0.67.

TRX Gold Scaled Net Operating Assets Historical Data

The historical data trend for TRX Gold'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.

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TRX Gold Scaled Net Operating Assets Chart

TRX Gold Annual Data

Trend

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Aug24

Scaled Net Operating Assets

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0.90

0.82

0.77

0.78

0.71

TRX Gold 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															0.64	0.63	0.63	0.64	0.67

Competitive Comparison of TRX Gold's Scaled Net Operating Assets

For the Gold subindustry, TRX Gold'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.

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

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

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

TRX Gold 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.

TRX Gold's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Aug. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Aug. 2024 )
=	(Operating Assets (A: Aug. 2024 )	-	Operating Liabilities (A: Aug. 2024 ))	/	Total Assets (A: Aug. 2023 )
=	(123.617	-	42.983)	/	113.485
=	0.71

where

	Operating Assets		(A: Aug. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	134.993	-	11.376
=	123.617

	Operating Liabilities		(A: Aug. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	44.817	-	1.286	-	0.548
=	42.983

TRX Gold'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 )
=	(133.925	-	43.896)	/	134.993
=	0.67

where

	Operating Assets		(Q: Nov. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	143.408	-	9.483
=	133.925

	Operating Liabilities		(Q: Nov. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	47.884	-	2.726	-	1.262
=	43.896

TRX Gold Scaled Net Operating Assets Related Terms

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TRX Gold Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » TRX Gold Corp (TSX:TRX) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

TRX:USA TRG0:Germany

Address

277 Lakeshore Road East, Suite 403, Oakville, ON, CAN, L6J 6J3

Website

https://www.trxgold.com

TRX Gold Corp is a mineral resource company. It is engaged in the acquisition of interests and the exploration of natural resource properties. Its mineral properties are located in the United Republic of Tanzania. The company's main area of interest has been in the exploration and development of gold properties. Its projects include the Buckreef project, and Itetemia Gold project whereas, its exploration stage project consists of the Lunguya project and the Luhala project.