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Discovery Energy Metals (XCNQ:DEMC) Scaled Net Operating Assets : 0.82 (As of Oct. 2024)


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What is Discovery Energy Metals 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.

Discovery Energy Metals's operating assets for the quarter that ended in Oct. 2024 was C$12.28 Mil. Discovery Energy Metals's operating liabilities for the quarter that ended in Oct. 2024 was C$2.07 Mil. Discovery Energy Metals's Total Assets for the quarter that ended in Jul. 2024 was C$12.40 Mil. Therefore, Discovery Energy Metals's scaled net operating assets (SNOA) for the quarter that ended in Oct. 2024 was 0.82.


Discovery Energy Metals Scaled Net Operating Assets Historical Data

The historical data trend for Discovery Energy Metals'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.

Discovery Energy Metals Scaled Net Operating Assets Chart

Discovery Energy Metals Annual Data
Trend Jan22 Jan23 Jan24
Scaled Net Operating Assets
- 1.59 2.14

Discovery Energy Metals Quarterly Data
Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 1.39 0.76 0.69 0.73 0.82

Competitive Comparison of Discovery Energy Metals's Scaled Net Operating Assets

For the Other Industrial Metals & Mining subindustry, Discovery Energy Metals'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.


Discovery Energy Metals's Scaled Net Operating Assets Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Discovery Energy Metals's Scaled Net Operating Assets falls into.


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Discovery Energy Metals 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.

Discovery Energy Metals's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jan. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jan. 2024 )
=(Operating Assets (A: Jan. 2024 )-Operating Liabilities (A: Jan. 2024 ))/Total Assets (A: Jan. 2023 )
=(8.776-0.459)/3.886
=2.14

where

Operating Assets(A: Jan. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=11.776 - 3
=8.776

Operating Liabilities(A: Jan. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.459 - 0 - 0
=0.459

Discovery Energy Metals's Scaled Net Operating Assets (SNOA) for the quarter that ended in Oct. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Oct. 2024 )
=(Operating Assets (Q: Oct. 2024 )-Operating Liabilities (Q: Oct. 2024 ))/Total Assets (Q: Jul. 2024 )
=(12.282-2.07)/12.401
=0.82

where

Operating Assets(Q: Oct. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=13.961 - 1.679
=12.282

* 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.


Discovery Energy Metals Scaled Net Operating Assets Related Terms

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Discovery Energy Metals Business Description

Traded in Other Exchanges
Address
789 West Pender Street, Suite 1450, Vancouver, BC, CAN, V6C 1H2
Discovery Lithium Inc is a junior exploration company engaged in the exploration and development of the ESN Property, Koster Dam Property, and Quet Gold Ridge and Fire Creek Property. It is engaged in the business of gold mineral exploration.

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