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Copper Quest Exploration (XCNQ:CQX) Scaled Net Operating Assets : 0.93 (As of Sep. 2024)


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What is Copper Quest Exploration 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.

Copper Quest Exploration's operating assets for the quarter that ended in Sep. 2024 was C$7.44 Mil. Copper Quest Exploration's operating liabilities for the quarter that ended in Sep. 2024 was C$0.58 Mil. Copper Quest Exploration's Total Assets for the quarter that ended in Jun. 2024 was C$7.35 Mil. Therefore, Copper Quest Exploration's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.93.


Copper Quest Exploration Scaled Net Operating Assets Historical Data

The historical data trend for Copper Quest Exploration'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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Copper Quest Exploration Scaled Net Operating Assets Chart

Copper Quest Exploration Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial - 5.43 1.19 0.92 0.96

Copper Quest Exploration Quarterly Data
Dec19 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 Premium Member Only 0.89 0.40 0.76 0.82 0.93

Competitive Comparison of Copper Quest Exploration's Scaled Net Operating Assets

For the Other Industrial Metals & Mining subindustry, Copper Quest Exploration'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.


Copper Quest Exploration's Scaled Net Operating Assets Distribution in the Metals & Mining Industry

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

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


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Copper Quest Exploration 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.

Copper Quest Exploration'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 )
=(6.279-0.471)/6.083
=0.95

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=7.517 - 1.238
=6.279

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.471 - 0 - 0
=0.471

Copper Quest Exploration'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 )
=(7.437-0.579)/7.353
=0.93

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=8.033 - 0.596
=7.437

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.579 - 0 - 0
=0.579

* 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.


Copper Quest Exploration Scaled Net Operating Assets Related Terms

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Copper Quest Exploration Business Description

Traded in Other Exchanges
Address
550 Burrard Street, Suite 2501, Bentall 5, Vancouver, BC, CAN, V6C 2B5
Copper Quest Exploration Inc, formerly Interra Copper Corpy is a junior mineral exploration company engaged in the acquisition, exploration, and evaluation of natural resource properties in British Columbia, Canada. The company has one mineral exploration property, which is the Thane Property located in north-central British Columbia, and the Chuck Creek Property located in central British Columbia. The Thane property is predominantly underlain by intrusive rocks of the Hogem Plutonic Suite.
Executives
Rae Ventures Inc 10% Security Holder
Jason Alexander Wolfgang Nickel Director, Senior Officer
Chris Naas Director, Senior Officer

Copper Quest Exploration Headlines

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