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Nexus Gold (TSXV:NXS) Scaled Net Operating Assets : -0.10 (As of Oct. 2024)


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What is Nexus 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.

Nexus Gold's operating assets for the quarter that ended in Oct. 2024 was C$1.46 Mil. Nexus Gold's operating liabilities for the quarter that ended in Oct. 2024 was C$1.61 Mil. Nexus Gold's Total Assets for the quarter that ended in Jul. 2024 was C$1.50 Mil. Therefore, Nexus Gold's scaled net operating assets (SNOA) for the quarter that ended in Oct. 2024 was -0.10.


Nexus Gold Scaled Net Operating Assets Historical Data

The historical data trend for Nexus 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.

Nexus Gold Scaled Net Operating Assets Chart

Nexus Gold Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.84 0.85 0.99 0.09 0.01

Nexus Gold 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 0.12 0.02 -0.06 -0.10 -0.10

Competitive Comparison of Nexus Gold's Scaled Net Operating Assets

For the Gold subindustry, Nexus 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.


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

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

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



Nexus 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.

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

Scaled Net Operating Assets (SNOA)(A: Jan. 2024 )
=(Operating Assets (A: Jan. 2024 )-Operating Liabilities (A: Jan. 2024 ))/Total Assets (A: Jan. 2023 )
=(1.513-1.487)/1.895
=0.01

where

Operating Assets(A: Jan. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1.56 - 0.047
=1.513

Operating Liabilities(A: Jan. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2.195 - 0 - 0.708
=1.487

Nexus Gold'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 )
=(1.458-1.605)/1.499
=-0.10

where

Operating Assets(Q: Oct. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1.468 - 0.01
=1.458

Operating Liabilities(Q: Oct. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2.12 - 0 - 0.515
=1.605

* 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.


Nexus Gold Scaled Net Operating Assets Related Terms

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Nexus Gold Business Description

Traded in Other Exchanges
Address
750 West Pender Street, Suite 802, Vancouver, BC, CAN, V6C 2T8
Nexus Gold Corp is a Canadian based company with a portfolio of ten exploration projects in West Africa and Canada. The West African-based portfolio totals five projects located on active gold belts and mineralized trends, while its 100% owned Canadian projects include the flagship McKenzie Gold Project in Red Lake, Ontario. The company is focused on developing several core assets while seeking joint-venture, earn-in, and strategic partnerships for other projects in its growing portfolio.
Executives
Alexander Klenman Director
Deena Marie Siblock Senior Officer

Nexus Gold Headlines

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