Electric Royalties (TSXV:ELEC) Scaled Net Operating Assets : 0.73 (As of Mar. 2024)

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What is Electric Royalties 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.

Electric Royalties's operating assets for the quarter that ended in Mar. 2024 was C$17.77 Mil. Electric Royalties's operating liabilities for the quarter that ended in Mar. 2024 was C$4.66 Mil. Electric Royalties's Total Assets for the quarter that ended in Dec. 2023 was C$18.01 Mil. Therefore, Electric Royalties's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.73.

Electric Royalties Scaled Net Operating Assets Historical Data

The historical data trend for Electric Royalties'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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Electric Royalties Scaled Net Operating Assets Chart

Electric Royalties Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Scaled Net Operating Assets

-0.46

24.58

2.51

1.10

0.71

Electric Royalties Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Scaled Net Operating Assets	Get a 7-Day Free Trial														0.91	1.00	1.15	0.59	0.73

Competitive Comparison of Electric Royalties's Scaled Net Operating Assets

For the Other Industrial Metals & Mining subindustry, Electric Royalties'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.

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

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

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

Electric Royalties 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.

Electric Royalties'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 )
=	(17.566	-	4.47)	/	18.408
=	0.71

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	18.009	-	0.443
=	17.566

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	4.489	-	0.011	-	0.008
=	4.47

Electric Royalties'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 )
=	(17.771	-	4.659)	/	18.009
=	0.73

where

	Operating Assets		(Q: Mar. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	17.944	-	0.173
=	17.771

	Operating Liabilities		(Q: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	4.676	-	0.009	-	0.008
=	4.659

Electric Royalties Scaled Net Operating Assets Related Terms

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Electric Royalties (TSXV:ELEC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Electric Royalties Ltd (TSXV:ELEC) » Definitions » Scaled Net Operating Assets

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Traded in Other Exchanges

ELECF:USA

Address

1040 West Georgia Street, 14th Floor, Vancouver, BC, CAN, V6E 4H1

Website

https://www.electricroyalties.com

Electric Royalties Ltd is a royalty company established to take advantage of the demand for a wide range of commodities such as lithium, vanadium, manganese, tin, graphite, cobalt, nickel, zinc and copper that will benefit from the drive toward electrification of a variety of consumer products such as cars, rechargeable batteries, large scale energy storage, renewable energy generation and other applications. The Company's mineral royalty interests and deferred transaction costs, and investment in an associate are located in the following locations: Canada, United States of America, Southern Hemisphere, Norway and Others.

Executives

Stefan Gleason

10% Security Holder, Director

Electric Royalties (TSXV:ELEC) Headlines

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