Mesabi Trust (Mesabi Trust) Scaled Net Operating Assets : -0.12 (As of Jan. 2024)

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What is Mesabi Trust 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.

Mesabi Trust's operating assets for the quarter that ended in Jan. 2024 was $2.71 Mil. Mesabi Trust's operating liabilities for the quarter that ended in Jan. 2024 was $5.72 Mil. Mesabi Trust's Total Assets for the quarter that ended in Oct. 2023 was $26.01 Mil. Therefore, Mesabi Trust's scaled net operating assets (SNOA) for the quarter that ended in Jan. 2024 was -0.12.

Mesabi Trust Scaled Net Operating Assets Historical Data

The historical data trend for Mesabi Trust'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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Mesabi Trust Scaled Net Operating Assets Chart

Mesabi Trust Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Scaled Net Operating Assets

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-0.33

-0.25

-0.74

-0.05

-0.21

Mesabi Trust Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Scaled Net Operating Assets	Get a 7-Day Free Trial															-0.17	-0.05	0.27	-0.08	-0.12

Competitive Comparison of Mesabi Trust's Scaled Net Operating Assets

For the Steel subindustry, Mesabi Trust'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.

Mesabi Trust's Scaled Net Operating Assets Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Mesabi Trust's Scaled Net Operating Assets distribution charts can be found below:

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

Mesabi Trust 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.

Mesabi Trust's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jan. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Jan. 2024 )
=	(Operating Assets (A: Jan. 2024 )	-	Operating Liabilities (A: Jan. 2024 ))	/	Total Assets (A: Jan. 2023 )
=	(2.71	-	5.715)	/	14.117
=	-0.21

where

	Operating Assets		(A: Jan. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	26.69	-	23.98
=	2.71

	Operating Liabilities		(A: Jan. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	5.715	-	0	-	0
=	5.715

Mesabi Trust's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jan. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Jan. 2024 )
=	(Operating Assets (Q: Jan. 2024 )	-	Operating Liabilities (Q: Jan. 2024 ))	/	Total Assets (Q: Oct. 2023 )
=	(2.71	-	5.715)	/	26.013
=	-0.12

where

	Operating Assets		(Q: Jan. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	26.69	-	23.98
=	2.71

	Operating Liabilities		(Q: Jan. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	5.715	-	0	-	0
=	5.715

Mesabi Trust Scaled Net Operating Assets Related Terms

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Mesabi Trust (Mesabi Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Mesabi Trust (NYSE:MSB) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

c/o Deutsche Bank Trust Company Americas Trust & Agency Services, 1 Columbus Circle, 17th Floor, New York, NY, USA, 10019

Website

http://www.mesabi-trust.com

Mesabi Trust operates as a royalty trust in the United States. The company involves in the conservation and protection of the assets held. Its principally wholly-owned segment is iron ore mining segment and it generates income from the Peter Mitchell Mine, an iron mine located near Babbitt, Minnesota, at the eastern end of the Mesabi Iron Range. The principal assets of the firm consist of two different interests in certain properties in the Mesabi Iron Range and beneficial interest in the Mesabi Land Trust.

Executives

Robin M. Radke	other: Trustee of Mesabi Trust	C/O DEUTSCHE BANK TRUST COMPANY AMERICAS, 60 WALL STREET, 16TH FLOOR, NEW YORK NY 10005
Michael P Mlinar	other: Trustee of Mesabi Trust	444 WEST ANOKA STREET, DULUTH MN 55803
Robert C. Berglund	other: Trustee	P.O. BOX 351, CORONA NM 88318
James A Ehrenberg	other: Trustee	295 KOPP DRIVE, WEST ST. PAUL MN 55118