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Northern Superior Resources (TSXV:SUP) Scaled Net Operating Assets : 0.03 (As of Mar. 2024)


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What is Northern Superior 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.

Northern Superior Resources's operating assets for the quarter that ended in Mar. 2024 was C$0.96 Mil. Northern Superior Resources's operating liabilities for the quarter that ended in Mar. 2024 was C$0.85 Mil. Northern Superior Resources's Total Assets for the quarter that ended in Dec. 2023 was C$3.37 Mil. Therefore, Northern Superior Resources's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.03.


Northern Superior Resources Scaled Net Operating Assets Historical Data

The historical data trend for Northern Superior 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.

Northern Superior Resources Scaled Net Operating Assets Chart

Northern Superior Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.85 0.85 -0.19 -0.44 0.05

Northern Superior Resources Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 15.49 0.87 0.89 - 0.03

Competitive Comparison of Northern Superior Resources's Scaled Net Operating Assets

For the Gold subindustry, Northern Superior 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.


Northern Superior Resources's Scaled Net Operating Assets Distribution in the Metals & Mining Industry

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

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



Northern Superior 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.

Northern Superior Resources'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 )
=(0.915-0.759)/2.94
=0.05

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3.372 - 2.457
=0.915

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.759 - 0 - 0
=0.759

Northern Superior Resources's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2024 )
=(Operating Assets (Q: Mar. 2024 )-Operating Liabilities (Q: Mar. 2024 ))/Total Assets (Q: Dec. 2023 )
=(0.957-0.847)/3.372
=0.03

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2.698 - 1.741
=0.957

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.847 - 0 - 0
=0.847

* 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.


Northern Superior Resources Scaled Net Operating Assets Related Terms

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Northern Superior Resources (TSXV:SUP) Business Description

Traded in Other Exchanges
Address
1351C Kelly Lake Road, Unit 7, Sudbury, ON, CAN, P3E 5P5
Northern Superior Resources Inc is an exploration-stage junior mining company. It is engaged in the identification, acquisition, evaluation, and exploration of gold properties in Ontario and Quebec. It currently operates in a single segment, being the mining business in Canada and all its resource properties and equipment are situated in Canada. Its properties include TI-PA-HAA-KAA-NING (TPK) Gold/Silver/Copper Property, Croteau Est Gold Property, Lac Surprise Gold Property and many more.
Executives
François Perron Director