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SKRR Exploration (TSXV:SKRR) Scaled Net Operating Assets : 0.75 (As of Jan. 2024)


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What is SKRR Exploration 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.

SKRR Exploration's operating assets for the quarter that ended in Jan. 2024 was C$4.53 Mil. SKRR Exploration's operating liabilities for the quarter that ended in Jan. 2024 was C$0.11 Mil. SKRR Exploration's Total Assets for the quarter that ended in Oct. 2023 was C$5.86 Mil. Therefore, SKRR Exploration's scaled net operating assets (SNOA) for the quarter that ended in Jan. 2024 was 0.75.


SKRR Exploration Scaled Net Operating Assets Historical Data

The historical data trend for SKRR Exploration'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.

SKRR Exploration Scaled Net Operating Assets Chart

SKRR Exploration Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only -13.41 2.86 2.06 0.82 0.45

SKRR Exploration Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.81 0.45 0.73 0.77 0.75

Competitive Comparison of SKRR Exploration's Scaled Net Operating Assets

For the Other Industrial Metals & Mining subindustry, SKRR Exploration'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.


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

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

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



SKRR Exploration 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.

SKRR Exploration's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Apr. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Apr. 2023 )
=(Operating Assets (A: Apr. 2023 )-Operating Liabilities (A: Apr. 2023 ))/Total Assets (A: Apr. 2022 )
=(4.285-0.078)/9.417
=0.45

where

Operating Assets(A: Apr. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5.877 - 1.592
=4.285

Operating Liabilities(A: Apr. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.078 - 0 - 0
=0.078

SKRR Exploration's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jan. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jan. 2024 )
=(Operating Assets (Q: Jan. 2024 )-Operating Liabilities (Q: Jan. 2024 ))/Total Assets (Q: Oct. 2023 )
=(4.531-0.114)/5.855
=0.75

where

Operating Assets(Q: Jan. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5.799 - 1.268
=4.531

Operating Liabilities(Q: Jan. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.114 - 0 - 0
=0.114

* 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.


SKRR Exploration Scaled Net Operating Assets Related Terms

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SKRR Exploration (TSXV:SKRR) Business Description

Traded in Other Exchanges
Address
228 - 1122 Mainland Street, Vancouver, BC, CAN, V6B 5L1
SKRR Exploration Inc is a precious metal explorer with properties in Saskatchewan. The primary exploration focus is on the Trans-Hudson Corridor in search of precious metal deposits. The company's project portfolio consists of the Irving /Leland Project, Ithingo Lake Property, Manson Bay Property, Cathro Gold Property, and Olson Gold Property.

SKRR Exploration (TSXV:SKRR) Headlines

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