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Forum Energy Metals (TSXV:FMC) Scaled Net Operating Assets : -0.01 (As of Nov. 2024)


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What is Forum Energy 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.

Forum Energy Metals's operating assets for the quarter that ended in Nov. 2024 was C$1.71 Mil. Forum Energy Metals's operating liabilities for the quarter that ended in Nov. 2024 was C$1.75 Mil. Forum Energy Metals's Total Assets for the quarter that ended in Aug. 2024 was C$6.48 Mil. Therefore, Forum Energy Metals's scaled net operating assets (SNOA) for the quarter that ended in Nov. 2024 was -0.01.


Forum Energy Metals Scaled Net Operating Assets Historical Data

The historical data trend for Forum Energy 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.

* Premium members only.

Forum Energy Metals Scaled Net Operating Assets Chart

Forum Energy Metals Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.58 0.92 0.11 0.21 -0.01

Forum Energy Metals Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
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 -0.72 -0.18 -0.09 -0.01

Competitive Comparison of Forum Energy Metals's Scaled Net Operating Assets

For the Other Industrial Metals & Mining subindustry, Forum Energy 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.


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

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

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


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Forum Energy 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.

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

Scaled Net Operating Assets (SNOA)(A: Nov. 2024 )
=(Operating Assets (A: Nov. 2024 )-Operating Liabilities (A: Nov. 2024 ))/Total Assets (A: Nov. 2023 )
=(1.706-1.754)/3.449
=-0.01

where

Operating Assets(A: Nov. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2.307 - 0.601
=1.706

Operating Liabilities(A: Nov. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.754 - 0 - 0
=1.754

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

Scaled Net Operating Assets (SNOA)(Q: Nov. 2024 )
=(Operating Assets (Q: Nov. 2024 )-Operating Liabilities (Q: Nov. 2024 ))/Total Assets (Q: Aug. 2024 )
=(1.706-1.754)/6.476
=-0.01

where

Operating Assets(Q: Nov. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2.307 - 0.601
=1.706

Operating Liabilities(Q: Nov. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.754 - 0 - 0
=1.754

* 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.


Forum Energy Metals Scaled Net Operating Assets Related Terms

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Forum Energy Metals Business Description

Traded in Other Exchanges
Address
800 West Pender Street, Suite 615, Vancouver, BC, CAN, V6C 2V6
Forum Energy Metals Corp is a Canadian-based mineral resource company focused on the acquisition, exploration, and development of energy metals: copper, cobalt, uranium, and palladium. Its projects include Fir Island uranium property, Henday Lake uranium property, Janice Lake Sedimentary Copper Project, Love Lake Copper-Nickel-Palladium Project, Quartz Gulch Cobalt Project, Idaho, Key Lake Road uranium project, Maurice Point uranium project, and North West Athabasca among others.
Executives
Richard James Mazur Director, Senior Officer
Daniel O'brien Senior Officer
Anthony David Nettleton Balme Director
Brian James Christie Director
Michael Albert Steeves Director
David John Cowan Director
Kenneth Lewis Wheatley Senior Officer
Burns Singh Tennent-bhohi Director
Larry Minoru Okada Director

Forum Energy Metals Headlines

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