Global Helium (XCNQ:HECO) Scaled Net Operating Assets : 0.11 (As of Mar. 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 Mar. 2024 was C$6.84 Mil. Global Helium's operating liabilities for the quarter that ended in Mar. 2024 was C$5.83 Mil. Global Helium's Total Assets for the quarter that ended in Dec. 2023 was C$9.42 Mil. Therefore, Global Helium's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.11.

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.

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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
Scaled Net Operating Assets	Get a 7-Day Free Trial												0.54	0.56	0.72	-0.02	0.11

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 Mar. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Mar. 2024 )
=	(Operating Assets (Q: Mar. 2024 )	-	Operating Liabilities (Q: Mar. 2024 ))	/	Total Assets (Q: Dec. 2023 )
=	(6.844	-	5.827)	/	9.424
=	0.11

where

	Operating Assets		(Q: Mar. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	8.679	-	1.835
=	6.844

	Operating Liabilities		(Q: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	5.827	-	0	-	0
=	5.827

Global Helium Scaled Net Operating Assets Related Terms

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Global Helium (XCNQ:HECO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Global Helium Corp (XCNQ:HECO) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

HECOF:USA 5P0:Germany

Address

555 - 4th Avenue SW, Suite 800, Calgary, AB, CAN, T2P 3E7

Website

https://www.globalhelium.com

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