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Silver North Resources (TSXV:SNAG) Scaled Net Operating Assets : 0.76 (As of Sep. 2024)


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What is Silver North Resources 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.

Silver North Resources's operating assets for the quarter that ended in Sep. 2024 was C$7.09 Mil. Silver North Resources's operating liabilities for the quarter that ended in Sep. 2024 was C$1.22 Mil. Silver North Resources's Total Assets for the quarter that ended in Jun. 2024 was C$7.73 Mil. Therefore, Silver North Resources's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.76.


Silver North Resources Scaled Net Operating Assets Historical Data

The historical data trend for Silver North Resources'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.

Silver North Resources Scaled Net Operating Assets Chart

Silver North Resources Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.90 1.55 0.77 0.76 0.82

Silver North Resources 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 0.83 0.91 0.73 0.81 0.76

Competitive Comparison of Silver North Resources's Scaled Net Operating Assets

For the Other Precious Metals & Mining subindustry, Silver North Resources'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.


Silver North Resources's Scaled Net Operating Assets Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Silver North Resources's Scaled Net Operating Assets falls into.


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Silver North Resources 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.

Silver North Resources's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Sep. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Sep. 2024 )
=(Operating Assets (A: Sep. 2024 )-Operating Liabilities (A: Sep. 2024 ))/Total Assets (A: Sep. 2023 )
=(7.092-1.215)/7.163
=0.82

where

Operating Assets(A: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=7.802 - 0.71
=7.092

Operating Liabilities(A: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.215 - 0 - 0
=1.215

Silver North Resources'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 )
=(7.092-1.215)/7.726
=0.76

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=7.802 - 0.71
=7.092

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.215 - 0 - 0
=1.215

* 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.


Silver North Resources Scaled Net Operating Assets Related Terms

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Silver North Resources Business Description

Traded in Other Exchanges
Address
325 Howe Street, Suite 410, Vancouver, BC, CAN, V6C 1Z7
Silver North Resources Ltd. is a Canada-based company, which is focused on silver discoveries in the Keno Hill Silver District of the Yukon, including Silver North's Haldane Project, where high grade silver has been identified in drilling at two target areas. It holds the Tim silver property in the southern Yukon, where partner-funded exploration has identified high-grade silver mineralization just 19 kilometers (km) from the Silvertip mine.
Executives
Mark Thomas Brown Director
Jason Weber Director, Senior Officer
Robert Andrew Duncan Senior Officer

Silver North Resources Headlines

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