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Fidelity Minerals (TSXV:FMN) Scaled Net Operating Assets : 0.87 (As of Oct. 2024)


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What is Fidelity Minerals 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.

Fidelity Minerals's operating assets for the quarter that ended in Oct. 2024 was C$6.68 Mil. Fidelity Minerals's operating liabilities for the quarter that ended in Oct. 2024 was C$0.75 Mil. Fidelity Minerals's Total Assets for the quarter that ended in Jul. 2024 was C$6.78 Mil. Therefore, Fidelity Minerals's scaled net operating assets (SNOA) for the quarter that ended in Oct. 2024 was 0.87.


Fidelity Minerals Scaled Net Operating Assets Historical Data

The historical data trend for Fidelity Minerals'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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Fidelity Minerals Scaled Net Operating Assets Chart

Fidelity Minerals Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.77 1.03 1.06 0.86 0.93

Fidelity Minerals Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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 0.86 0.87 0.86 0.90 0.88

Competitive Comparison of Fidelity Minerals's Scaled Net Operating Assets

For the Other Industrial Metals & Mining subindustry, Fidelity Minerals'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.


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

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

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


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Fidelity Minerals 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.

Fidelity Minerals's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jul. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jul. 2024 )
=(Operating Assets (A: Jul. 2024 )-Operating Liabilities (A: Jul. 2024 ))/Total Assets (A: Jul. 2023 )
=(6.657-0.796)/6.325
=0.93

where

Operating Assets(A: Jul. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6.777 - 0.12
=6.657

Operating Liabilities(A: Jul. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.111 - 0 - 0.315
=0.796

Fidelity Minerals's Scaled Net Operating Assets (SNOA) for the quarter that ended in Oct. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Oct. 2024 )
=(Operating Assets (Q: Oct. 2024 )-Operating Liabilities (Q: Oct. 2024 ))/Total Assets (Q: Jul. 2024 )
=(6.682-0.753)/6.777
=0.87

where

Operating Assets(Q: Oct. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6.711 - 0.029
=6.682

Operating Liabilities(Q: Oct. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.173 - 0 - 0.42
=0.753

* 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.


Fidelity Minerals Scaled Net Operating Assets Related Terms

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Fidelity Minerals Business Description

Traded in Other Exchanges
Address
1166 Alberni Street, Suite 1201, Vancouver, BC, CAN, V6E 3Z3
Fidelity Minerals Corp is a mineral exploration company focused on mining assets in Peru. The projects of the company include Las Huaquillas, Porphyritic Copper Project, Cerro El Bronce, and Greensands Project (Australia). The other projects of the company include Las Brujas and some projects in the pipeline. The Company operates in one operating segment that is exploration and evaluation of mineral reserves in three countries, corporate in Canada and exploration in Peru and Australia. Maximum of revenue is gained from Peru, and Las Huaquillas Project.
Executives
Lions Bay Capital Inc. 10% Security Holder
Ian Graham Director, Senior Officer
John Joseph Byrne Director, Senior Officer
Bahay Ozcakmak Director
Anthony Bob Balic Director, Senior Officer