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Enertopia (XCNQ:ENRT) Scaled Net Operating Assets : -0.62 (As of Nov. 2024)


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What is Enertopia 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.

Enertopia's operating assets for the quarter that ended in Nov. 2024 was C$0.09 Mil. Enertopia's operating liabilities for the quarter that ended in Nov. 2024 was C$0.38 Mil. Enertopia's Total Assets for the quarter that ended in Aug. 2024 was C$0.47 Mil. Therefore, Enertopia's scaled net operating assets (SNOA) for the quarter that ended in Nov. 2024 was -0.62.


Enertopia Scaled Net Operating Assets Historical Data

The historical data trend for Enertopia'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.

Enertopia Scaled Net Operating Assets Chart

Enertopia Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only -10.05 -4.14 -0.50 -0.07 -0.16

Enertopia Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
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 -0.19 -0.24 -0.26 -0.47 -0.62

Competitive Comparison of Enertopia's Scaled Net Operating Assets

For the Other Industrial Metals & Mining subindustry, Enertopia'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.


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

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

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


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Enertopia 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.

Enertopia's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Aug. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Aug. 2024 )
=(Operating Assets (A: Aug. 2024 )-Operating Liabilities (A: Aug. 2024 ))/Total Assets (A: Aug. 2023 )
=(0.131-0.431)/1.83
=-0.16

where

Operating Assets(A: Aug. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.468 - 0.337
=0.131

Operating Liabilities(A: Aug. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.431 - 0 - 0
=0.431

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

Scaled Net Operating Assets (SNOA)(Q: Nov. 2024 )
=(Operating Assets (Q: Nov. 2024 )-Operating Liabilities (Q: Nov. 2024 ))/Total Assets (Q: Aug. 2024 )
=(0.092-0.384)/0.468
=-0.62

where

Operating Assets(Q: Nov. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.306 - 0.214
=0.092

Operating Liabilities(Q: Nov. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.384 - 0 - 0
=0.384

* 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.


Enertopia Scaled Net Operating Assets Related Terms

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Enertopia Business Description

Traded in Other Exchanges
Address
No. 7, 1873 Spall Road, Kelowna, BC, CAN, V1Y 4R2
Enertopia Corp is engaged in the acquisition, development, and exploration of natural resource properties. The company is exploring the West Tonopah Lithium Project (West Tonopah) in the Smokey Valley, Nevada, and holds intellectual property and patents in the green technology space. The company has three reportable segments: Natural Resources, Technology, and Corporate.
Executives
Robert Mcallister Director, Senior Officer

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