GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Bitterroot Resources Ltd (TSXV:BTT) » Definitions » Scaled Net Operating Assets

Bitterroot Resources (TSXV:BTT) Scaled Net Operating Assets : 0.95 (As of Jan. 2024)


View and export this data going back to 1996. Start your Free Trial

What is Bitterroot 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.

Bitterroot Resources's operating assets for the quarter that ended in Jan. 2024 was C$5.54 Mil. Bitterroot Resources's operating liabilities for the quarter that ended in Jan. 2024 was C$0.25 Mil. Bitterroot Resources's Total Assets for the quarter that ended in Oct. 2023 was C$5.57 Mil. Therefore, Bitterroot Resources's scaled net operating assets (SNOA) for the quarter that ended in Jan. 2024 was 0.95.


Bitterroot Resources Scaled Net Operating Assets Historical Data

The historical data trend for Bitterroot 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.

Bitterroot Resources Scaled Net Operating Assets Chart

Bitterroot Resources Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.85 1.01 1.23 0.83 0.98

Bitterroot Resources Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 1.00 0.98 0.97 0.96 0.95

Competitive Comparison of Bitterroot Resources's Scaled Net Operating Assets

For the Other Industrial Metals & Mining subindustry, Bitterroot 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.


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

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

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



Bitterroot 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.

Bitterroot Resources's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Oct. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Oct. 2023 )
=(Operating Assets (A: Oct. 2023 )-Operating Liabilities (A: Oct. 2023 ))/Total Assets (A: Oct. 2022 )
=(5.565-0.251)/5.414
=0.98

where

Operating Assets(A: Oct. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5.571 - 0.006
=5.565

Operating Liabilities(A: Oct. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.348 - 0 - 0.097
=0.251

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

Scaled Net Operating Assets (SNOA)(Q: Jan. 2024 )
=(Operating Assets (Q: Jan. 2024 )-Operating Liabilities (Q: Jan. 2024 ))/Total Assets (Q: Oct. 2023 )
=(5.544-0.25)/5.571
=0.95

where

Operating Assets(Q: Jan. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5.559 - 0.015
=5.544

Operating Liabilities(Q: Jan. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.367 - 0 - 0.117
=0.25

* 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.


Bitterroot Resources Scaled Net Operating Assets Related Terms

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


Bitterroot Resources (TSXV:BTT) Business Description

Traded in Other Exchanges
Address
1571 Bellevue Avenue, Suite 206-B, West Vancouver, Vancouver, BC, CAN, V7V 1A6
Bitterroot Resources Ltd is a Canada-based company. It is involved in the acquisition, exploration and, development of exploration and evaluation assets including industrial metals and minerals. Geographically it operates in Canada and the United States of America. Its portfolio of projects consists of Coyote Sinter Property; Castle West Project; LM Property and Others.
Executives
Michael Stewart Carr Director, Senior Officer

Bitterroot Resources (TSXV:BTT) Headlines