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Questcorp Mining (XCNQ:QQQ) Scaled Net Operating Assets : 0.31 (As of Oct. 2024)


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What is Questcorp Mining 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.

Questcorp Mining's operating assets for the quarter that ended in Oct. 2024 was C$0.34 Mil. Questcorp Mining's operating liabilities for the quarter that ended in Oct. 2024 was C$0.18 Mil. Questcorp Mining's Total Assets for the quarter that ended in Jul. 2024 was C$0.53 Mil. Therefore, Questcorp Mining's scaled net operating assets (SNOA) for the quarter that ended in Oct. 2024 was 0.31.


Questcorp Mining Scaled Net Operating Assets Historical Data

The historical data trend for Questcorp Mining'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.

Questcorp Mining Scaled Net Operating Assets Chart

Questcorp Mining Annual Data
Trend Jul21 Jul22 Jul23 Jul24
Scaled Net Operating Assets
- 85.00 0.61 0.92

Questcorp Mining Quarterly Data
Jul21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Jul24 Oct24
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.35 0.27 1.34 0.43 0.31

Competitive Comparison of Questcorp Mining's Scaled Net Operating Assets

For the Copper subindustry, Questcorp Mining'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.


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

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

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


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Questcorp Mining 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.

Questcorp Mining's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jul. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jul. 2024 )
=(Operating Assets (A: Jul. 2024 )-Operating Liabilities (A: Jul. 2024 ))/Total Assets (A: Jul. 2023 )
=(0.347-0.135)/0.23
=0.92

where

Operating Assets(A: Jul. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.526 - 0.179
=0.347

Operating Liabilities(A: Jul. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.135 - 0 - 0
=0.135

Questcorp Mining's Scaled Net Operating Assets (SNOA) for the quarter that ended in Oct. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Oct. 2024 )
=(Operating Assets (Q: Oct. 2024 )-Operating Liabilities (Q: Oct. 2024 ))/Total Assets (Q: Jul. 2024 )
=(0.34-0.177)/0.526
=0.31

where

Operating Assets(Q: Oct. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.377 - 0.037
=0.34

Operating Liabilities(Q: Oct. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.177 - 0 - 0
=0.177

* 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.


Questcorp Mining Scaled Net Operating Assets Related Terms

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Questcorp Mining Business Description

Traded in Other Exchanges
Address
800 West Pender Street, Suite 550, Vancouver, BC, CAN, V6C 2V6
Questcorp Mining Inc is in the exploration stage. The Company operates in one reportable operating segment, being the acquisition and development of exploration and evaluation assets in Canada. The principal product under its exploration is copper, and it is engaged in exploration and evaluation of the North Island Copper Property.