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Founders Metals (TSXV:FDR) Scaled Net Operating Assets : 0.83 (As of Aug. 2024)


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What is Founders 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.

Founders Metals's operating assets for the quarter that ended in Aug. 2024 was C$30.33 Mil. Founders Metals's operating liabilities for the quarter that ended in Aug. 2024 was C$3.04 Mil. Founders Metals's Total Assets for the quarter that ended in May. 2024 was C$32.81 Mil. Therefore, Founders Metals's scaled net operating assets (SNOA) for the quarter that ended in Aug. 2024 was 0.83.


Founders Metals Scaled Net Operating Assets Historical Data

The historical data trend for Founders 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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Founders Metals Scaled Net Operating Assets Chart

Founders Metals Annual Data
Trend Aug06 Aug07 Aug08 Aug09 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.18 - 0.83 1.22 1.82

Founders Metals Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 0.91 0.92 0.77 0.90 0.83

Competitive Comparison of Founders Metals's Scaled Net Operating Assets

For the Gold subindustry, Founders 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.


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

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

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



Founders 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.

Founders Metals's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Aug. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Aug. 2024 )
=(Operating Assets (A: Aug. 2024 )-Operating Liabilities (A: Aug. 2024 ))/Total Assets (A: Aug. 2023 )
=(30.329-3.041)/14.977
=1.82

where

Operating Assets(A: Aug. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=35.129 - 4.8
=30.329

Operating Liabilities(A: Aug. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3.041 - 0 - 0
=3.041

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

Scaled Net Operating Assets (SNOA)(Q: Aug. 2024 )
=(Operating Assets (Q: Aug. 2024 )-Operating Liabilities (Q: Aug. 2024 ))/Total Assets (Q: May. 2024 )
=(30.329-3.041)/32.805
=0.83

where

Operating Assets(Q: Aug. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=35.129 - 4.8
=30.329

Operating Liabilities(Q: Aug. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3.041 - 0 - 0
=3.041

* 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.


Founders Metals Scaled Net Operating Assets Related Terms

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Founders Metals Business Description

Traded in Other Exchanges
Address
1111 West Hastings Street, Suite 780, Vancouver, BC, CAN, V6E 2J3
Founders Metals Inc is a mineral exploration company specializing in acquiring and developing mineral resource assets. The Company's principal business is to explore and develop the gold and mineral exploration Antino Gold Project and Elmtree Gold Project.
Executives
Kevin Andrew Vienneau Director
Pascal Voegeli Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Colin Padget Director, Senior Officer
Roy Bonnell 10% Security Holder, Director
Justin Bourassa Senior Officer

Founders Metals Headlines

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