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Torr Metals (TSXV:TMET) Scaled Net Operating Assets : 0.96 (As of Oct. 2024)


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What is Torr Metals 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.

Torr Metals's operating assets for the quarter that ended in Oct. 2024 was C$8.55 Mil. Torr Metals's operating liabilities for the quarter that ended in Oct. 2024 was C$0.32 Mil. Torr Metals's Total Assets for the quarter that ended in Jul. 2024 was C$8.59 Mil. Therefore, Torr Metals's scaled net operating assets (SNOA) for the quarter that ended in Oct. 2024 was 0.96.


Torr Metals Scaled Net Operating Assets Historical Data

The historical data trend for Torr Metals'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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Torr Metals Scaled Net Operating Assets Chart

Torr Metals Annual Data
Trend Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Scaled Net Operating Assets
Get a 7-Day Free Trial -0.33 -0.04 19.04 0.78 0.90

Torr Metals Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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 0.85 0.88 0.92 0.95 0.96

Competitive Comparison of Torr Metals's Scaled Net Operating Assets

For the Other Industrial Metals & Mining subindustry, Torr Metals'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.


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

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

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



Torr Metals 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.

Torr Metals's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Apr. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Apr. 2024 )
=(Operating Assets (A: Apr. 2024 )-Operating Liabilities (A: Apr. 2024 ))/Total Assets (A: Apr. 2023 )
=(8.255-0.054)/9.079
=0.90

where

Operating Assets(A: Apr. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=8.686 - 0.431
=8.255

Operating Liabilities(A: Apr. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.054 - 0 - 0
=0.054

Torr Metals's Scaled Net Operating Assets (SNOA) for the quarter that ended in Oct. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Oct. 2024 )
=(Operating Assets (Q: Oct. 2024 )-Operating Liabilities (Q: Oct. 2024 ))/Total Assets (Q: Jul. 2024 )
=(8.545-0.32)/8.592
=0.96

where

Operating Assets(Q: Oct. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=8.717 - 0.172
=8.545

* 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.


Torr Metals Scaled Net Operating Assets Related Terms

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Torr Metals Business Description

Traded in Other Exchanges
N/A
Address
1111 West Hastings Street, Suite 780, Vancouver, BC, CAN, V6E 2J3
Torr Metals Inc is a mineral exploration company. The company owns district-scale copper-gold porphyry and orogenic gold projects. The company focused on proving and developing its 100% owned district-scale Latham Copper-Gold Project, located within the prolific Golden Triangle of northern British Columbia, Canada. The projects of the company also include Filion Gold project and Kolos Copper-Gold Project.
Executives
John Williamson Director, Senior Officer
Malcolm Dorsey Director, Director or Senior Officer of 10% Security Holder, Senior Officer
Taylor Niezen Senior Officer

Torr Metals Headlines