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Global Helium (XCNQ:HECO) Scaled Net Operating Assets : 0.21 (As of Sep. 2024)


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What is Global Helium 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.

Global Helium's operating assets for the quarter that ended in Sep. 2024 was C$7.21 Mil. Global Helium's operating liabilities for the quarter that ended in Sep. 2024 was C$5.45 Mil. Global Helium's Total Assets for the quarter that ended in Jun. 2024 was C$8.38 Mil. Therefore, Global Helium's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.21.


Global Helium Scaled Net Operating Assets Historical Data

The historical data trend for Global Helium'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.

Global Helium Scaled Net Operating Assets Chart

Global Helium Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
0.23 2.11 0.38 -0.02

Global Helium Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.72 -0.02 0.11 0.20 0.21

Competitive Comparison of Global Helium's Scaled Net Operating Assets

For the Other Industrial Metals & Mining subindustry, Global Helium'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.


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

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

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



Global Helium 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.

Global Helium'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 )
=(6.638-6.789)/7.219
=-0.02

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=9.424 - 2.786
=6.638

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6.796 - 0 - 0.007
=6.789

Global Helium'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 )
=(7.214-5.449)/8.382
=0.21

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=8.054 - 0.84
=7.214

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5.449 - 0 - 0
=5.449

* 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.


Global Helium Scaled Net Operating Assets Related Terms

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Global Helium Business Description

Traded in Other Exchanges
Address
555 - 4th Avenue SW, Suite 800, Calgary, AB, CAN, T2P 3E7
Global Helium Corp is focused on the exploration, acquisition, and development of helium. The company has acquired helium exploration permits located in Saskatchewan.
Executives
Darcy Spady Director
Robert Nathan Director
Thomas Cross Senior Officer
Christopher Cooper Director
Brad Nichol Director

Global Helium Headlines