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Norse Gold (TSXV:VKG.H) Scaled Net Operating Assets : 0.90 (As of Sep. 2024)


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What is Norse Gold 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.

Norse Gold's operating assets for the quarter that ended in Sep. 2024 was C$0.98 Mil. Norse Gold's operating liabilities for the quarter that ended in Sep. 2024 was C$0.10 Mil. Norse Gold's Total Assets for the quarter that ended in Jun. 2024 was C$0.99 Mil. Therefore, Norse Gold's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.90.


Norse Gold Scaled Net Operating Assets Historical Data

The historical data trend for Norse Gold'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.

Norse Gold Scaled Net Operating Assets Chart

Norse Gold Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.87 0.94 0.93 0.92 0.93

Norse Gold 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 0.94 0.95 0.93 0.91 0.90

Competitive Comparison of Norse Gold's Scaled Net Operating Assets

For the Gold subindustry, Norse Gold'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.


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

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

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



Norse Gold 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.

Norse Gold's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jun. 2024 )
=(Operating Assets (A: Jun. 2024 )-Operating Liabilities (A: Jun. 2024 ))/Total Assets (A: Jun. 2023 )
=(0.982-0.09)/0.961
=0.93

where

Operating Assets(A: Jun. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.985 - 0.003
=0.982

Operating Liabilities(A: Jun. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.267 - 0 - 0.177
=0.09

Norse Gold'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 )
=(0.982-0.099)/0.985
=0.90

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.985 - 0.003
=0.982

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.277 - 0 - 0.178
=0.099

* 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.


Norse Gold Scaled Net Operating Assets Related Terms

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Norse Gold Business Description

Traded in Other Exchanges
N/A
Address
224 4th Avenue South, Suite 602, Saskatoon, SK, CAN, S7K 5M5
Norse Gold Corp is a Canada-based company engaged in the acquisition, exploration, and development of natural resources in Canada. It operates through the Yellow Knife Gold Project situated in the Yellowknife Gold Belt in the north of Yellowknife.

Norse Gold Headlines

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