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Highway 50 Gold (TSXV:HWY) Scaled Net Operating Assets : 1.11 (As of Sep. 2024)


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What is Highway 50 Gold 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.

Highway 50 Gold's operating assets for the quarter that ended in Sep. 2024 was C$1.39 Mil. Highway 50 Gold's operating liabilities for the quarter that ended in Sep. 2024 was C$0.01 Mil. Highway 50 Gold's Total Assets for the quarter that ended in Jun. 2024 was C$1.24 Mil. Therefore, Highway 50 Gold's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 1.11.


Highway 50 Gold Scaled Net Operating Assets Historical Data

The historical data trend for Highway 50 Gold'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.

Highway 50 Gold Scaled Net Operating Assets Chart

Highway 50 Gold Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.77 0.79 0.74 0.91 0.23

Highway 50 Gold Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.21 0.91 1.00 1.11

Competitive Comparison of Highway 50 Gold's Scaled Net Operating Assets

For the Other Industrial Metals & Mining subindustry, Highway 50 Gold'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.


Highway 50 Gold's Scaled Net Operating Assets Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Highway 50 Gold's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Highway 50 Gold's Scaled Net Operating Assets falls into.


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Highway 50 Gold 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.

Highway 50 Gold'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 )
=(1.103-0)/4.851
=0.23

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1.246 - 0.143
=1.103

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.402 - 0 - 0.402
=0

Highway 50 Gold'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 )
=(1.388-0.0089999999999999)/1.244
=1.11

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1.429 - 0.041
=1.388

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.719 - 0.044 - 0.666
=0.0089999999999999

* 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.


Highway 50 Gold Scaled Net Operating Assets Related Terms

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Highway 50 Gold Business Description

Traded in Other Exchanges
N/A
Address
200 Burrard Street, Suite 1570, Vancouver, BC, CAN, V6C 1S4
Highway 50 Gold Corp is a mineral exploration company. It is engaged in the acquisition and exploration of assets and evaluation of mineral properties in British Columbia and Nevada, USA. It has Four projects Golden Brew; Porter Canyon, Knob, and Monroe.
Executives
Gordon Patrick Leask 10% Security Holder, Director, Senior Officer
John Michael Leask 10% Security Holder, Director
Bassam Moubarak Director

Highway 50 Gold Headlines

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