Omai Gold Mines (TSXV:OMG) Scaled Net Operating Assets : 0.59 (As of Dec. 2023)

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What is Omai Gold Mines 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.

Omai Gold Mines's operating assets for the quarter that ended in Dec. 2023 was C$5.10 Mil. Omai Gold Mines's operating liabilities for the quarter that ended in Dec. 2023 was C$1.19 Mil. Omai Gold Mines's Total Assets for the quarter that ended in Sep. 2023 was C$6.60 Mil. Therefore, Omai Gold Mines's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.59.

Omai Gold Mines Scaled Net Operating Assets Historical Data

The historical data trend for Omai Gold Mines'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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Omai Gold Mines Scaled Net Operating Assets Chart

Omai Gold Mines Annual Data

Trend

Sep19

Sep20

Dec21

Dec22

Dec23

Scaled Net Operating Assets

-0.06

-0.29

3.66

0.40

0.43

Omai Gold Mines Quarterly Data
	Sep19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Scaled Net Operating Assets	Get a 7-Day Free Trial										0.59	0.46	0.46	0.50	0.59

Competitive Comparison of Omai Gold Mines's Scaled Net Operating Assets

For the Gold subindustry, Omai Gold Mines'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.

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

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

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

Omai Gold Mines 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.

Omai Gold Mines'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 )
=	(5.099	-	1.186)	/	9.114
=	0.43

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	5.738	-	0.639
=	5.099

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	1.186	-	0	-	0
=	1.186

Omai Gold Mines's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Dec. 2023 )
=	(Operating Assets (Q: Dec. 2023 )	-	Operating Liabilities (Q: Dec. 2023 ))	/	Total Assets (Q: Sep. 2023 )
=	(5.099	-	1.186)	/	6.599
=	0.59

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	5.738	-	0.639
=	5.099

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	1.186	-	0	-	0
=	1.186

Omai Gold Mines Scaled Net Operating Assets Related Terms

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Omai Gold Mines (TSXV:OMG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Omai Gold Mines Corp (TSXV:OMG) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

OMGGF:USA 0N2:Germany

Address

130 King Street West, Suite 3680, Toronto, ON, CAN, M5X 1B1

Website

https://www.omaigoldmines.com

Omai Gold Mines Corp is a mineral exploration company. Its Omai gold mine is located in Guyana, on the North coast of South America. The mine has two open pits: the Fennell pit and the Wenot pit. Its other project is Grenfell Property.

Executives

Derek Macpherson

Director