Big Gold (XCNQ:BG) Scaled Net Operating Assets : -0.06 (As of Mar. 2024)

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What is Big 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.

Big Gold's operating assets for the quarter that ended in Mar. 2024 was C$0.06 Mil. Big Gold's operating liabilities for the quarter that ended in Mar. 2024 was C$0.08 Mil. Big Gold's Total Assets for the quarter that ended in Dec. 2023 was C$0.37 Mil. Therefore, Big Gold's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was -0.06.

Big Gold Scaled Net Operating Assets Historical Data

The historical data trend for Big 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.

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Big Gold Scaled Net Operating Assets Chart

Big Gold Annual Data

Trend

Dec21

Dec22

Dec23

Scaled Net Operating Assets

-0.06

-0.02

-0.10

Big Gold Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Scaled Net Operating Assets	Get a 7-Day Free Trial						0.01	0.47	0.16	-0.05	-0.06

Competitive Comparison of Big Gold's Scaled Net Operating Assets

For the Gold subindustry, Big 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.

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

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

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

Big 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.

Big Gold'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 )
=	(0.074	-	0.101)	/	0.284
=	-0.10

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	0.368	-	0.294
=	0.074

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	0.101	-	0	-	0
=	0.101

Big Gold's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Mar. 2024 )
=	(Operating Assets (Q: Mar. 2024 )	-	Operating Liabilities (Q: Mar. 2024 ))	/	Total Assets (Q: Dec. 2023 )
=	(0.057	-	0.08)	/	0.368
=	-0.06

where

	Operating Assets		(Q: Mar. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	0.132	-	0.075
=	0.057

	Operating Liabilities		(Q: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	0.08	-	0	-	0
=	0.08

Big Gold Scaled Net Operating Assets Related Terms

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Big Gold (XCNQ:BG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Big Gold Inc (XCNQ:BG) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

H7L:Germany

Address

1021 West Hastings Street, 9th Floor, Vancouver, BC, CAN, V6E 0C3

Website

https://www.biggold.ca

Big Gold Inc is a mineral exploration and development company focused on the acquisition and exploration of mineral properties. The company's primary focus is the exploration and development of the Martin Kenty project located in Kenora, Ontario in the Rainy River mining district.