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VVC Exploration (TSXV:VVC) Scaled Net Operating Assets : 0.71 (As of Oct. 2023)


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What is VVC 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.

VVC Exploration's operating assets for the quarter that ended in Oct. 2023 was C$41.11 Mil. VVC Exploration's operating liabilities for the quarter that ended in Oct. 2023 was C$7.50 Mil. VVC Exploration's Total Assets for the quarter that ended in Jul. 2023 was C$47.43 Mil. Therefore, VVC Exploration's scaled net operating assets (SNOA) for the quarter that ended in Oct. 2023 was 0.71.


VVC Exploration Scaled Net Operating Assets Historical Data

The historical data trend for VVC 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.

VVC Exploration Scaled Net Operating Assets Chart

VVC 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 0.97 0.93 -0.40 -2.28 -1.32

VVC 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 -2.84 -2.21 -3.06 18.21 0.71

Competitive Comparison of VVC Exploration's Scaled Net Operating Assets

For the Oil & Gas E&P subindustry, VVC 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.


VVC Exploration's Scaled Net Operating Assets Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, VVC Exploration's Scaled Net Operating Assets distribution charts can be found below:

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



VVC 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.

VVC 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 )
=(1.787-6.989)/3.951
=-1.32

where

Operating Assets(A: Jan. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1.837 - 0.05
=1.787

Operating Liabilities(A: Jan. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=9.053 - 0 - 2.064
=6.989

VVC 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 )
=(41.106-7.504)/47.427
=0.71

where

Operating Assets(Q: Oct. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=46.11 - 5.004
=41.106

Operating Liabilities(Q: Oct. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=9.658 - 0 - 2.154
=7.504

* 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.


VVC Exploration Scaled Net Operating Assets Related Terms

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VVC Exploration (TSXV:VVC) Business Description

Industry
Traded in Other Exchanges
Address
2369 Kingston Road, P.O. Box 28059, Terry Town, Scarborough, ON, CAN, M1N 4E7
VVC Exploration Corp is engaged in the exploration and development of precious and base metals mineral properties. Its portfolio includes the Gloria Copper Project in Northern Mexico, precious metals properties also in Mexico, and the Helium / Natural Gas Projects owned by its wholly-owned subsidiary, PHC. VVC is currently focused on the Helium Projects owned by PHC and will resume the development of the Gloria Copper Project. The company's mineral resource properties are located in Mexico and Canada.

VVC Exploration (TSXV:VVC) Headlines