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Desert Gold Ventures (TSXV:DAU) Scaled Net Operating Assets : -0.60 (As of Jun. 2024)


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What is Desert Gold Ventures 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.

Desert Gold Ventures's operating assets for the quarter that ended in Jun. 2024 was C$0.04 Mil. Desert Gold Ventures's operating liabilities for the quarter that ended in Jun. 2024 was C$0.63 Mil. Desert Gold Ventures's Total Assets for the quarter that ended in Mar. 2024 was C$0.99 Mil. Therefore, Desert Gold Ventures's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2024 was -0.60.


Desert Gold Ventures Scaled Net Operating Assets Historical Data

The historical data trend for Desert Gold Ventures'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.

Desert Gold Ventures Scaled Net Operating Assets Chart

Desert Gold Ventures 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 -1.47 -1.41 -0.10 -0.33 -0.08

Desert Gold Ventures 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 -0.15 -0.26 -0.21 -1.41 -0.60

Competitive Comparison of Desert Gold Ventures's Scaled Net Operating Assets

For the Other Industrial Metals & Mining subindustry, Desert Gold Ventures'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.


Desert Gold Ventures's Scaled Net Operating Assets Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Desert Gold Ventures's Scaled Net Operating Assets falls into.



Desert Gold Ventures 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.

Desert Gold Ventures'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 )
=(0.025-0.166)/1.877
=-0.08

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.401 - 0.376
=0.025

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.166 - 0 - 0
=0.166

Desert Gold Ventures'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 )
=(0.037-0.629)/0.994
=-0.60

where

Operating Assets(Q: Jun. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.963 - 0.926
=0.037

Operating Liabilities(Q: Jun. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.629 - 0 - 0
=0.629

* 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.


Desert Gold Ventures Scaled Net Operating Assets Related Terms

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Desert Gold Ventures Business Description

Traded in Other Exchanges
Address
9648-128th Street, Suite 210, Surrey, BC, CAN, V3T 2X9
Desert Gold Ventures Inc is an exploration stage company. It is principally engaged in the business of acquisition, exploration, and development of mineral resource properties. The company conducts mineral property exploration in Mali and Rwanda. It holds an interest in Farabantourou exploration, Djimbala, and SMSZ project.
Executives
Don Dudek Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)

Desert Gold Ventures Headlines

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