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Belmont Resources (TSXV:BEA) Scaled Net Operating Assets : 0.89 (As of Oct. 2024)


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What is Belmont Resources 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.

Belmont Resources's operating assets for the quarter that ended in Oct. 2024 was C$3.00 Mil. Belmont Resources's operating liabilities for the quarter that ended in Oct. 2024 was C$0.27 Mil. Belmont Resources's Total Assets for the quarter that ended in Jul. 2024 was C$3.08 Mil. Therefore, Belmont Resources's scaled net operating assets (SNOA) for the quarter that ended in Oct. 2024 was 0.89.


Belmont Resources Scaled Net Operating Assets Historical Data

The historical data trend for Belmont Resources'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.

Belmont Resources Scaled Net Operating Assets Chart

Belmont Resources Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.80 1.00 0.72 0.78 0.88

Belmont Resources Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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 0.74 0.72 0.80 0.83 0.89

Competitive Comparison of Belmont Resources's Scaled Net Operating Assets

For the Other Industrial Metals & Mining subindustry, Belmont Resources'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.


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

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

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


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Belmont Resources 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.

Belmont Resources's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jan. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jan. 2024 )
=(Operating Assets (A: Jan. 2024 )-Operating Liabilities (A: Jan. 2024 ))/Total Assets (A: Jan. 2023 )
=(2.98-0.621)/2.674
=0.88

where

Operating Assets(A: Jan. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3.282 - 0.302
=2.98

Operating Liabilities(A: Jan. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.621 - 0 - 0
=0.621

Belmont Resources's Scaled Net Operating Assets (SNOA) for the quarter that ended in Oct. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Oct. 2024 )
=(Operating Assets (Q: Oct. 2024 )-Operating Liabilities (Q: Oct. 2024 ))/Total Assets (Q: Jul. 2024 )
=(2.996-0.269)/3.075
=0.89

where

Operating Assets(Q: Oct. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3.048 - 0.052
=2.996

Operating Liabilities(Q: Oct. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.269 - 0 - 0
=0.269

* 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.


Belmont Resources Scaled Net Operating Assets Related Terms

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Belmont Resources Business Description

Traded in Other Exchanges
Address
800 West Pender Street, Suite 615, Vancouver, BC, CAN, V6C 2V6
Belmont Resources Inc is a Canadian resources company that is engaged in the acquisition, exploration, and development of mineral resource properties in Canada and the United States. Its business activity of the company is the acquisition and exploration of lithium in the Kibby Basin property in Nevada, USA. It also holds interests in a gold project which is Pathfinder, Athelstan Jackpot, CBC Copper, Lone Star Copper, and Crackingstone Uranium project.
Executives
Gary Musil Director
George Sookochoff Director
Laurence Sookochoff Director
James Howard Place Director
Karim Rayani Director

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