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Starmet Ventures (XCNQ:STAR) Scaled Net Operating Assets : 0.80 (As of Mar. 2024)


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What is Starmet Ventures 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.

Starmet Ventures's operating assets for the quarter that ended in Mar. 2024 was C$1.17 Mil. Starmet Ventures's operating liabilities for the quarter that ended in Mar. 2024 was C$0.20 Mil. Starmet Ventures's Total Assets for the quarter that ended in Dec. 2023 was C$1.21 Mil. Therefore, Starmet Ventures's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.80.


Starmet Ventures Scaled Net Operating Assets Historical Data

The historical data trend for Starmet Ventures'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.

Starmet Ventures Scaled Net Operating Assets Chart

Starmet Ventures Annual Data
Trend Dec21 Dec22 Dec23
Scaled Net Operating Assets
0.17 0.14 2.56

Starmet Ventures Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.03 -0.07 2.88 0.82 0.80

Competitive Comparison of Starmet Ventures's Scaled Net Operating Assets

For the Other Industrial Metals & Mining subindustry, Starmet Ventures'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.


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

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

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



Starmet Ventures 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.

Starmet Ventures'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 )
=(1.169-0.174)/0.389
=2.56

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1.209 - 0.04
=1.169

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.236 - 0 - 0.062
=0.174

Starmet Ventures'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 )
=(1.171-0.201)/1.209
=0.80

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1.198 - 0.027
=1.171

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.265 - 0 - 0.064
=0.201

* 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.


Starmet Ventures Scaled Net Operating Assets Related Terms

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Starmet Ventures (XCNQ:STAR) Business Description

Traded in Other Exchanges
N/A
Address
No.303 - 1687 West Broadway, Vancouver, BC, CAN, V6J 1X2
Website
Starmet Ventures Inc engages in the exploration of mineral resource properties with an emphasis on the Property located in Esmeralda County, Nevada. It holds a 100% interest in the JPL Project. It has one reportable operating segment, being the acquisition and exploration of exploration and evaluation assets.
Executives
Ohad David Director, Senior Officer

Starmet Ventures (XCNQ:STAR) Headlines

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