GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Western Gold Exploration Ltd (TSXV:WGLD) » Definitions » Scaled Net Operating Assets

Western Gold Exploration (TSXV:WGLD) Scaled Net Operating Assets : 0.29 (As of Sep. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Western Gold 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.

Western Gold Exploration's operating assets for the quarter that ended in Sep. 2024 was C$0.56 Mil. Western Gold Exploration's operating liabilities for the quarter that ended in Sep. 2024 was C$0.01 Mil. Western Gold Exploration's Total Assets for the quarter that ended in Jun. 2024 was C$1.89 Mil. Therefore, Western Gold Exploration's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.29.


Western Gold Exploration Scaled Net Operating Assets Historical Data

The historical data trend for Western Gold 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.

Western Gold Exploration Scaled Net Operating Assets Chart

Western Gold Exploration Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
0.99 1.14 0.21 0.18 0.43

Western Gold Exploration 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 0.66 0.28 0.36 0.68 0.29

Competitive Comparison of Western Gold Exploration's Scaled Net Operating Assets

For the Gold subindustry, Western Gold 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.


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

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

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


;
;

Western Gold 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.

Western Gold Exploration'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 )
=(0.644-0.039)/1.395
=0.43

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1.479 - 0.835
=0.644

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.039 - 0 - 0
=0.039

Western Gold Exploration'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 )
=(0.564-0.012)/1.89
=0.29

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1.146 - 0.582
=0.564

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.012 - 0 - 0
=0.012

* 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.


Western Gold Exploration Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of Western Gold Exploration's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Western Gold Exploration Business Description

Traded in Other Exchanges
N/A
Address
421 - 7th Avenue SW, Suite 1600, Calgary, AB, CAN, T2P 4K9
Western Gold Exploration Ltd is a mineral exploration company. The company is engaged in the exploration and development of its prospective mineral properties located in Argyll County in western Scotland. The company focuses on Gold and copper exploration and development.
Executives
Ross Mclellan Director, Senior Officer

Western Gold Exploration Headlines