EV Minerals (XCNQ:EVM) Scaled Net Operating Assets : -1.68 (As of Sep. 2024)

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What is EV Minerals 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.

EV Minerals's operating assets for the quarter that ended in Sep. 2024 was C$0.32 Mil. EV Minerals's operating liabilities for the quarter that ended in Sep. 2024 was C$0.67 Mil. EV Minerals's Total Assets for the quarter that ended in Jun. 2024 was C$0.21 Mil. Therefore, EV Minerals's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was -1.68.

EV Minerals Scaled Net Operating Assets Historical Data

The historical data trend for EV Minerals'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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EV Minerals Scaled Net Operating Assets Chart

EV Minerals Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Scaled Net Operating Assets

-419.43

-462.94

-1,794.18

0.76

EV Minerals Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Scaled Net Operating Assets	Get a 7-Day Free Trial									0.38	0.45	-0.29	-1.24	-1.68

Competitive Comparison of EV Minerals's Scaled Net Operating Assets

For the Other Industrial Metals & Mining subindustry, EV Minerals'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.

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

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

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

EV Minerals 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.

EV Minerals'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 )
=	(1.251	-	0.734)	/	0.678
=	0.76

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	1.912	-	0.661
=	1.251

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	0.734	-	0	-	0
=	0.734

EV Minerals'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 )
=	(0.321	-	0.67)	/	0.208
=	-1.68

where

	Operating Assets		(Q: Sep. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	0.42	-	0.099
=	0.321

	Operating Liabilities		(Q: Sep. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	0.67	-	0	-	0
=	0.67

EV Minerals Scaled Net Operating Assets Related Terms

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EV Minerals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » EV Minerals Corp (XCNQ:EVM) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

RLC:Germany

Address

100 King Street West, Suite 5600, P.O. Box 270, Toronto, ON, CAN, M5X 1C9

Website

https://www.evmineralscorp.ca

EV Minerals Corp is a Canadian exploration company focused on mineral exploration and development. The current focus is the EV Nickel Project, the host of the nickel-copper-cobalt McNickel deposit.

Executives

Rob Montemarano

Director