Arctic Fox Lithium (XCNQ:AFX) Scaled Net Operating Assets : 0.71 (As of Dec. 2023)

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What is Arctic Fox Lithium 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.

Arctic Fox Lithium's operating assets for the quarter that ended in Dec. 2023 was C$1.10 Mil. Arctic Fox Lithium's operating liabilities for the quarter that ended in Dec. 2023 was C$0.11 Mil. Arctic Fox Lithium's Total Assets for the quarter that ended in Sep. 2023 was C$1.40 Mil. Therefore, Arctic Fox Lithium's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.71.

Arctic Fox Lithium Scaled Net Operating Assets Historical Data

The historical data trend for Arctic Fox Lithium'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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Arctic Fox Lithium Scaled Net Operating Assets Chart

Arctic Fox Lithium Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Scaled Net Operating Assets

0.02

0.54

0.58

2.22

Arctic Fox Lithium Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Scaled Net Operating Assets	Get a 7-Day Free Trial										0.59	0.13	2.11	0.53	0.71

Competitive Comparison of Arctic Fox Lithium's Scaled Net Operating Assets

For the Other Industrial Metals & Mining subindustry, Arctic Fox Lithium'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.

Arctic Fox Lithium's Scaled Net Operating Assets Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Arctic Fox Lithium's Scaled Net Operating Assets falls into.

Arctic Fox Lithium 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.

Arctic Fox Lithium's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Jun. 2023 )
=	(Operating Assets (A: Jun. 2023 )	-	Operating Liabilities (A: Jun. 2023 ))	/	Total Assets (A: Jun. 2022 )
=	(0.694	-	0.246)	/	0.202
=	2.22

where

	Operating Assets		(A: Jun. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	1.168	-	0.474
=	0.694

	Operating Liabilities		(A: Jun. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	0.462	-	0	-	0.216
=	0.246

Arctic Fox Lithium's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Dec. 2023 )
=	(Operating Assets (Q: Dec. 2023 )	-	Operating Liabilities (Q: Dec. 2023 ))	/	Total Assets (Q: Sep. 2023 )
=	(1.097	-	0.11)	/	1.395
=	0.71

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	1.234	-	0.137
=	1.097

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	0.159	-	0	-	0.049
=	0.11

Arctic Fox Lithium Scaled Net Operating Assets Related Terms

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Arctic Fox Lithium (XCNQ:AFX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Arctic Fox Lithium Corp (XCNQ:AFX) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

O5K:Germany

Address

1030 West Georgia Street, Suite 905, Vancouver, BC, CAN, V6E 2Y3

Website

https://www.arcticfoxlithium.com

Arctic Fox Lithium Corp is a mineral exploration company. Its projects include Pontax North Lithium Project, Kana Lake Lithium Project, Delta Lake Lithium project and Spius copper property.

Executives

Harry Chew

10% Security Holder, Director, Senior Officer

Arctic Fox Lithium (XCNQ:AFX) Headlines

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