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Commerce Resources (TSXV:CCE) Scaled Net Operating Assets : 0.94 (As of Jan. 2025)


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What is Commerce 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.

Commerce Resources's operating assets for the quarter that ended in Jan. 2025 was C$52.88 Mil. Commerce Resources's operating liabilities for the quarter that ended in Jan. 2025 was C$1.45 Mil. Commerce Resources's Total Assets for the quarter that ended in Oct. 2024 was C$54.74 Mil. Therefore, Commerce Resources's scaled net operating assets (SNOA) for the quarter that ended in Jan. 2025 was 0.94.


Commerce Resources Scaled Net Operating Assets Historical Data

The historical data trend for Commerce 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.

Commerce Resources Scaled Net Operating Assets Chart

Commerce Resources Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.98 1.05 1.00 1.00 0.65

Commerce Resources Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 0.95 0.96 0.59 0.90 0.94

Competitive Comparison of Commerce Resources's Scaled Net Operating Assets

For the Other Industrial Metals & Mining subindustry, Commerce 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.


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

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

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


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Commerce 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.

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

Scaled Net Operating Assets (SNOA)(A: Oct. 2024 )
=(Operating Assets (A: Oct. 2024 )-Operating Liabilities (A: Oct. 2024 ))/Total Assets (A: Oct. 2023 )
=(51.928-1.547)/77.288
=0.65

where

Operating Assets(A: Oct. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=54.741 - 2.813
=51.928

Operating Liabilities(A: Oct. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.639 - 0.057 - 0.035
=1.547

Commerce Resources's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jan. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jan. 2025 )
=(Operating Assets (Q: Jan. 2025 )-Operating Liabilities (Q: Jan. 2025 ))/Total Assets (Q: Oct. 2024 )
=(52.879-1.445)/54.741
=0.94

where

Operating Assets(Q: Jan. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=53.645 - 0.766
=52.879

Operating Liabilities(Q: Jan. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.528 - 0.047 - 0.036
=1.445

* 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.


Commerce Resources Scaled Net Operating Assets Related Terms

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Commerce Resources Business Description

Traded in Other Exchanges
Address
789 West Pender, Suite 1450, Vancouver, BC, CAN, V6C 1H2
Commerce Resources Corp is a junior mineral resource company focused on developing the Ashram Rare Earth and Fluorspar Deposit located within their Eldor Property in northern Quebec, Canada. The Ashram Deposit is characterized by simple rare earth (monazite, bastnaesite, xenotime) and gangue (carbonates) mineralogy, a large tonnage resource at favorable grade, and has demonstrated the production of high-grade mineral concentrates at high recovery. The Ashram Deposit also has a fluorspar component which could be a long-term supplier to the met-spar and acid-spar markets. The Company is focused on being a long-term supplier of mixed rare earth carbonate and/or NdPr oxide to the market.
Executives
Ross Carroll Senior Officer
Jody Dahrouge Director
Chris Grove Director
David Hodge Director, Senior Officer
Zimtu Capital Corp. 10% Security Holder

Commerce Resources Headlines

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