GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Fox River Resources Corp (XCNQ:FOX) » Definitions » Scaled Net Operating Assets

Fox River Resources (XCNQ:FOX) Scaled Net Operating Assets : -0.03 (As of Jan. 2024)


View and export this data going back to 2016. Start your Free Trial

What is Fox River Resources 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.

Fox River Resources's operating assets for the quarter that ended in Jan. 2024 was C$0.04 Mil. Fox River Resources's operating liabilities for the quarter that ended in Jan. 2024 was C$0.10 Mil. Fox River Resources's Total Assets for the quarter that ended in Oct. 2023 was C$1.78 Mil. Therefore, Fox River Resources's scaled net operating assets (SNOA) for the quarter that ended in Jan. 2024 was -0.03.


Fox River Resources Scaled Net Operating Assets Historical Data

The historical data trend for Fox River Resources'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.

Fox River Resources Scaled Net Operating Assets Chart

Fox River Resources Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Scaled Net Operating Assets
Get a 7-Day Free Trial - -0.01 -0.84 -0.09 -1.28

Fox River Resources Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 -0.84 -1.46 -0.02 -0.16 -0.03

Competitive Comparison of Fox River Resources's Scaled Net Operating Assets

For the Other Industrial Metals & Mining subindustry, Fox River Resources'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.


Fox River Resources's Scaled Net Operating Assets Distribution in the Metals & Mining Industry

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

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



Fox River Resources 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.

Fox River Resources's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Oct. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Oct. 2023 )
=(Operating Assets (A: Oct. 2023 )-Operating Liabilities (A: Oct. 2023 ))/Total Assets (A: Oct. 2022 )
=(0.064-0.377)/0.245
=-1.28

where

Operating Assets(A: Oct. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1.78 - 1.716
=0.064

Operating Liabilities(A: Oct. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.377 - 0 - 0
=0.377

Fox River Resources's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jan. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jan. 2024 )
=(Operating Assets (Q: Jan. 2024 )-Operating Liabilities (Q: Jan. 2024 ))/Total Assets (Q: Oct. 2023 )
=(0.04-0.095)/1.78
=-0.03

where

Operating Assets(Q: Jan. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1.346 - 1.306
=0.04

Operating Liabilities(Q: Jan. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.095 - 0 - 0
=0.095

* 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.


Fox River Resources Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of Fox River Resources's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Fox River Resources (XCNQ:FOX) Business Description

Traded in Other Exchanges
Address
350 Bay Street, Suite 700, Toronto, ON, CAN, M5H 2S6
Fox River Resources Corp is engaged in the advancement of the Martison Phosphate Project located near Hearst, Ontario. The project entails the construction of a vertically integrated phosphoric acid facility. The plant would utilize the Martison phosphate deposit and sulphuric acid from existing nearby base metal smelters or a sulphuric acid plant built by the company utilizing low-cost sulphur from Western Canada. The acidulation of these two primary inputs would be utilized to create phosphoric acid used to produce products in the fertilizer and industrial phosphate markets.