Norrland Gold (TSXV:NORR) Scaled Net Operating Assets : 0.67 (As of Sep. 2024)

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What is Norrland 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.

Norrland Gold's operating assets for the quarter that ended in Sep. 2024 was C$0.47 Mil. Norrland Gold's operating liabilities for the quarter that ended in Sep. 2024 was C$0.03 Mil. Norrland Gold's Total Assets for the quarter that ended in Jun. 2024 was C$0.65 Mil. Therefore, Norrland Gold's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.67.

Norrland Gold Scaled Net Operating Assets Historical Data

The historical data trend for Norrland 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.

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Norrland Gold Scaled Net Operating Assets Chart

Norrland Gold Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Scaled Net Operating Assets

-0.52

0.52

0.19

0.23

Norrland Gold Quarterly Data
	May20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Scaled Net Operating Assets	Get a 7-Day Free Trial										0.36	0.34	0.31	0.47	0.67

Competitive Comparison of Norrland Gold's Scaled Net Operating Assets

For the Gold subindustry, Norrland 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.

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

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

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

Norrland 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.

Norrland Gold's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Mar. 2024 )
=	(Operating Assets (A: Mar. 2024 )	-	Operating Liabilities (A: Mar. 2024 ))	/	Total Assets (A: Mar. 2023 )
=	(0.4	-	0.138)	/	1.149
=	0.23

where

	Operating Assets		(A: Mar. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	0.764	-	0.364
=	0.4

	Operating Liabilities		(A: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	0.138	-	0	-	0
=	0.138

Norrland 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 )
=	(0.468	-	0.03)	/	0.652
=	0.67

where

	Operating Assets		(Q: Sep. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	0.589	-	0.121
=	0.468

	Operating Liabilities		(Q: Sep. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	0.03	-	0	-	0
=	0.03

Norrland Gold Scaled Net Operating Assets Related Terms

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Norrland Gold Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

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Address

1055 West Georgia Street, Suite 2050, P.O. Box 11121, Vancouver, BC, CAN, V6E 3P3

Website

https://www.norrlandgold.com

Norrland Gold Corp is a precious metals exploration company that is focused on gold discovery in mineral-rich Sweden. It owns the Vittantrasket located in the Gold-line, a region of orogenic gold deposits such as Barsele and Svartliden. The Company's exploration and evaluation assets are in Sweden and the Company has interests in an Australian company.

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