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CANEX Metals (TSXV:CANX) Scaled Net Operating Assets : 0.93 (As of Jun. 2024)


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What is CANEX Metals 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.

CANEX Metals's operating assets for the quarter that ended in Jun. 2024 was C$5.72 Mil. CANEX Metals's operating liabilities for the quarter that ended in Jun. 2024 was C$0.06 Mil. CANEX Metals's Total Assets for the quarter that ended in Mar. 2024 was C$6.10 Mil. Therefore, CANEX Metals's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2024 was 0.93.


CANEX Metals Scaled Net Operating Assets Historical Data

The historical data trend for CANEX Metals'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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CANEX Metals Scaled Net Operating Assets Chart

CANEX Metals Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.77 1.23 0.73 0.99 0.87

CANEX Metals Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.81 0.82 0.94 0.90 0.93

Competitive Comparison of CANEX Metals's Scaled Net Operating Assets

For the Gold subindustry, CANEX Metals'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.


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

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

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



CANEX Metals 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.

CANEX Metals's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Sep. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Sep. 2023 )
=(Operating Assets (A: Sep. 2023 )-Operating Liabilities (A: Sep. 2023 ))/Total Assets (A: Sep. 2022 )
=(5.139-0.098)/5.767
=0.87

where

Operating Assets(A: Sep. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5.925 - 0.786
=5.139

Operating Liabilities(A: Sep. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.098 - 0 - 0
=0.098

CANEX Metals's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2024 )
=(Operating Assets (Q: Jun. 2024 )-Operating Liabilities (Q: Jun. 2024 ))/Total Assets (Q: Mar. 2024 )
=(5.716-0.056)/6.1
=0.93

where

Operating Assets(Q: Jun. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6.029 - 0.313
=5.716

Operating Liabilities(Q: Jun. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.056 - 0 - 0
=0.056

* 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.


CANEX Metals Scaled Net Operating Assets Related Terms

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CANEX Metals Business Description

Traded in Other Exchanges
Address
734-7th Avenue SW, Suite 1620, Calgary, AB, CAN, T2P 3P8
CANEX Metals Inc is a Canada-based junior exploration company. Principally, it is engaged in the business of mineral exploration and the development of resource properties. The company holds an interest in Gibson property, and Gold Range Property.
Executives
Shane William Ebert Director