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Fuerte Metals (TSXV:FMT) Scaled Net Operating Assets : 0.45 (As of Sep. 2024)


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What is Fuerte 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.

Fuerte Metals's operating assets for the quarter that ended in Sep. 2024 was C$6.37 Mil. Fuerte Metals's operating liabilities for the quarter that ended in Sep. 2024 was C$0.06 Mil. Fuerte Metals's Total Assets for the quarter that ended in Jun. 2024 was C$14.13 Mil. Therefore, Fuerte Metals's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.45.


Fuerte Metals Scaled Net Operating Assets Historical Data

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

Fuerte Metals Annual Data
Trend Dec20 Dec21 Dec22
Scaled Net Operating Assets
-0.26 0.73 0.78

Fuerte Metals Quarterly Data
Dec20 Dec21 Sep22 Dec22 Jun23 Sep23 Jun24 Sep24
Scaled Net Operating Assets Get a 7-Day Free Trial - - - 1.83 0.45

Competitive Comparison of Fuerte Metals's Scaled Net Operating Assets

For the Other Precious Metals & Mining subindustry, Fuerte 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.


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

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

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



Fuerte 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.

Fuerte Metals's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2022 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2022 )
=(Operating Assets (A: Dec. 2022 )-Operating Liabilities (A: Dec. 2022 ))/Total Assets (A: Dec. 2021 )
=(1.942-0.128)/2.322
=0.78

where

Operating Assets(A: Dec. 2022 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4 - 2.058
=1.942

Operating Liabilities(A: Dec. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.274 - 0 - 1.146
=0.128

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

Scaled Net Operating Assets (SNOA)(Q: Sep. 2024 )
=(Operating Assets (Q: Sep. 2024 )-Operating Liabilities (Q: Sep. 2024 ))/Total Assets (Q: Jun. 2024 )
=(6.371-0.06)/14.126
=0.45

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=13.135 - 6.764
=6.371

* 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.


Fuerte Metals Scaled Net Operating Assets Related Terms

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Fuerte Metals Business Description

Traded in Other Exchanges
N/A
Address
625 Howe Street, Suite 410, Vancouver, BC, CAN, V6C 2T6
Fuerte Metals Corp is a Vancouver-based resource company dentify, explore and evaluate mineral properties in Chile and elsewhere in the Americas. The Company holds mining concessions through its ownership of the El Cofre and Placeton projects in Chile. Its Placeton/Caballo Muerto copper project in Chile and the Christina and Yecora projects in Mexico.

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