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Slam Exploration (TSXV:SXL) Scaled Net Operating Assets : 0.59 (As of Oct. 2023)


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What is Slam 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.

Slam Exploration's operating assets for the quarter that ended in Oct. 2023 was C$1.50 Mil. Slam Exploration's operating liabilities for the quarter that ended in Oct. 2023 was C$0.51 Mil. Slam Exploration's Total Assets for the quarter that ended in Jul. 2023 was C$1.67 Mil. Therefore, Slam Exploration's scaled net operating assets (SNOA) for the quarter that ended in Oct. 2023 was 0.59.


Slam Exploration Scaled Net Operating Assets Historical Data

The historical data trend for Slam 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.

Slam Exploration Scaled Net Operating Assets Chart

Slam Exploration Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.19 -0.32 0.62 0.74 0.41

Slam Exploration Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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 0.55 0.41 0.45 0.65 0.59

Competitive Comparison of Slam Exploration's Scaled Net Operating Assets

For the Gold subindustry, Slam 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.


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

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

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



Slam 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.

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

Scaled Net Operating Assets (SNOA)(A: Jan. 2023 )
=(Operating Assets (A: Jan. 2023 )-Operating Liabilities (A: Jan. 2023 ))/Total Assets (A: Jan. 2022 )
=(1.251-0.501)/1.813
=0.41

where

Operating Assets(A: Jan. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1.675 - 0.424
=1.251

Operating Liabilities(A: Jan. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.582 - 0.012 - 0.069
=0.501

Slam Exploration's Scaled Net Operating Assets (SNOA) for the quarter that ended in Oct. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Oct. 2023 )
=(Operating Assets (Q: Oct. 2023 )-Operating Liabilities (Q: Oct. 2023 ))/Total Assets (Q: Jul. 2023 )
=(1.499-0.509)/1.674
=0.59

where

Operating Assets(Q: Oct. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1.601 - 0.102
=1.499

Operating Liabilities(Q: Oct. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.584 - 0.005 - 0.07
=0.509

* 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.


Slam Exploration Scaled Net Operating Assets Related Terms

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Slam Exploration (TSXV:SXL) Business Description

Traded in Other Exchanges
Address
295 Hutchison Drive, Miramichi, NB, CAN, E1V 6C7
Slam Exploration Ltd is a mineral resource company. Principally, it is engaged in the acquisition, exploration, and development of exploration and evaluation properties in New Brunswick, Nova Scotia, and Ontario, Canada. Some of the company's properties are Menneval Gold Project, Mt. Victor Property, and others.
Executives
Bruce Macdonald 10% Security Holder

Slam Exploration (TSXV:SXL) Headlines

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