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Corsa Coal (TSXV:CSO) Scaled Net Operating Assets : 0.48 (As of Mar. 2024)


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What is Corsa Coal 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.

Corsa Coal's operating assets for the quarter that ended in Mar. 2024 was C$241.3 Mil. Corsa Coal's operating liabilities for the quarter that ended in Mar. 2024 was C$117.5 Mil. Corsa Coal's Total Assets for the quarter that ended in Dec. 2023 was C$256.6 Mil. Therefore, Corsa Coal's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.48.


Corsa Coal Scaled Net Operating Assets Historical Data

The historical data trend for Corsa Coal'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.

Corsa Coal Scaled Net Operating Assets Chart

Corsa Coal Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.61 0.37 0.52 0.43 0.49

Corsa Coal Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.47 0.48 0.60 0.42 0.48

Competitive Comparison of Corsa Coal's Scaled Net Operating Assets

For the Coking Coal subindustry, Corsa Coal'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.


Corsa Coal's Scaled Net Operating Assets Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Corsa Coal's Scaled Net Operating Assets distribution charts can be found below:

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



Corsa Coal 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.

Corsa Coal's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(241.369-112.811)/261.699
=0.49

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=256.623 - 15.254
=241.369

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=141.876 - 27.043 - 2.022
=112.811

Corsa Coal's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2024 )
=(Operating Assets (Q: Mar. 2024 )-Operating Liabilities (Q: Mar. 2024 ))/Total Assets (Q: Dec. 2023 )
=(241.318-117.486)/256.623
=0.48

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=253.621 - 12.303
=241.318

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=148.887 - 22.789 - 8.612
=117.486

* 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.


Corsa Coal Scaled Net Operating Assets Related Terms

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Corsa Coal (TSXV:CSO) Business Description

Industry
Traded in Other Exchanges
Address
1576 Stoystown Road, PO Box 260, Friedens, PA, USA, 15541
Corsa Coal Corp is a coal mining company focused on the production and sales of metallurgical coal, an essential ingredient in the production of steel. Its core business is producing and selling metallurgical coal to domestic and international steel and coke producers in the Atlantic and Pacific basin markets. Its segments are Northern Appalachia (NAPP) and the company's corporate office. NAPP is a distinct operating segment based on its metallurgical coal operations and location in the U.S. along the Northern Appalachia coal belt. The company's corporate office provides support and manages the mining investments.
Executives
Alan Michael De'ath Director

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