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Abacus Mining & Exploration (TSXV:AME) Scaled Net Operating Assets : 0.91 (As of Dec. 2023)


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What is Abacus Mining & Exploration 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.

Abacus Mining & Exploration's operating assets for the quarter that ended in Dec. 2023 was C$7.83 Mil. Abacus Mining & Exploration's operating liabilities for the quarter that ended in Dec. 2023 was C$0.22 Mil. Abacus Mining & Exploration's Total Assets for the quarter that ended in Sep. 2023 was C$8.36 Mil. Therefore, Abacus Mining & Exploration's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.91.


Abacus Mining & Exploration Scaled Net Operating Assets Historical Data

The historical data trend for Abacus Mining & Exploration'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.

Abacus Mining & Exploration Scaled Net Operating Assets Chart

Abacus Mining & Exploration Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.85 0.90 0.84 0.92 1.35

Abacus Mining & Exploration Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.91 0.94 1.41 0.92 0.91

Competitive Comparison of Abacus Mining & Exploration's Scaled Net Operating Assets

For the Other Industrial Metals & Mining subindustry, Abacus Mining & Exploration'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.


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

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

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



Abacus Mining & Exploration 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.

Abacus Mining & Exploration's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(7.828-0.216)/5.62
=1.35

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=7.893 - 0.065
=7.828

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=27.765 - 0 - 27.549
=0.216

Abacus Mining & Exploration's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2023 )
=(Operating Assets (Q: Dec. 2023 )-Operating Liabilities (Q: Dec. 2023 ))/Total Assets (Q: Sep. 2023 )
=(7.828-0.216)/8.357
=0.91

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=7.893 - 0.065
=7.828

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=27.765 - 0 - 27.549
=0.216

* 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.


Abacus Mining & Exploration Scaled Net Operating Assets Related Terms

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Abacus Mining & Exploration (TSXV:AME) Business Description

Traded in Other Exchanges
Address
1050 West Pender Street, Suite 1000, Vancouver, BC, CAN, V6E 3S7
Abacus Mining & Exploration Corp is an exploration stage company engaged principally in the acquisition, exploration, and development of mineral properties in Canada. It's mineral exploration and development operations are in the United States. Some of the company's projects are the Willow Project and Ajax Copper-Gold Project.

Abacus Mining & Exploration (TSXV:AME) Headlines

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