GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Azimut Exploration Inc (TSXV:AZM) » Definitions » Scaled Net Operating Assets

Azimut Exploration (TSXV:AZM) Scaled Net Operating Assets : 0.71 (As of Feb. 2024)


View and export this data going back to 2001. Start your Free Trial

What is Azimut 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.

Azimut Exploration's operating assets for the quarter that ended in Feb. 2024 was C$46.67 Mil. Azimut Exploration's operating liabilities for the quarter that ended in Feb. 2024 was C$6.18 Mil. Azimut Exploration's Total Assets for the quarter that ended in Nov. 2023 was C$57.43 Mil. Therefore, Azimut Exploration's scaled net operating assets (SNOA) for the quarter that ended in Feb. 2024 was 0.71.


Azimut Exploration Scaled Net Operating Assets Historical Data

The historical data trend for Azimut 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.

Azimut Exploration Scaled Net Operating Assets Chart

Azimut Exploration Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.39 0.97 0.92 0.60 0.74

Azimut Exploration Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.77 0.85 0.80 0.71

Competitive Comparison of Azimut Exploration's Scaled Net Operating Assets

For the Other Industrial Metals & Mining subindustry, Azimut 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.


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

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

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



Azimut 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.

Azimut Exploration's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Aug. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Aug. 2023 )
=(Operating Assets (A: Aug. 2023 )-Operating Liabilities (A: Aug. 2023 ))/Total Assets (A: Aug. 2022 )
=(43.352-3.034)/54.205
=0.74

where

Operating Assets(A: Aug. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=46.672 - 3.32
=43.352

Operating Liabilities(A: Aug. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3.139 - 0.051 - 0.054
=3.034

Azimut Exploration's Scaled Net Operating Assets (SNOA) for the quarter that ended in Feb. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Feb. 2024 )
=(Operating Assets (Q: Feb. 2024 )-Operating Liabilities (Q: Feb. 2024 ))/Total Assets (Q: Nov. 2023 )
=(46.665-6.18)/57.425
=0.71

where

Operating Assets(Q: Feb. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=55.296 - 8.631
=46.665

Operating Liabilities(Q: Feb. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6.259 - 0.021 - 0.058
=6.18

* 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.


Azimut Exploration Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of Azimut Exploration's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Azimut Exploration (TSXV:AZM) Business Description

Traded in Other Exchanges
Address
110 Rue De La Barre, Bureau 224, Longueuil, QC, CAN, J4K 1A3
Azimut Exploration Inc is engaged in the acquisition, exploration, and evaluation of mineral properties. Its projects include Elmer property, JB lithium propety, Wabamisk property, Chromaska property and others in the James Bay region and Rex-Duquet, Nantais, Doran property and others in the Nunavik region of Quebec. It mainly explores gold, nickel, lithium, chromium and other minerals and metals.
Executives
Jonathan Rosset Senior Officer
Christiane Bergevin Director

Azimut Exploration (TSXV:AZM) Headlines

No Headlines