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Lundin Mining (TSX:LUN) Scaled Net Operating Assets : 0.71 (As of Dec. 2023)


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What is Lundin 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.

Lundin Mining's operating assets for the quarter that ended in Dec. 2023 was C$14,211 Mil. Lundin Mining's operating liabilities for the quarter that ended in Dec. 2023 was C$3,967 Mil. Lundin Mining's Total Assets for the quarter that ended in Sep. 2023 was C$14,473 Mil. Therefore, Lundin Mining's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.71.


Lundin Mining Scaled Net Operating Assets Historical Data

The historical data trend for Lundin 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.

Lundin Mining Scaled Net Operating Assets Chart

Lundin Mining Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.72 0.64 0.63 0.76 0.92

Lundin Mining Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.71 0.69 0.67 0.91 0.71

Competitive Comparison of Lundin Mining's Scaled Net Operating Assets

For the Copper subindustry, Lundin 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.


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

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

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



Lundin 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.

Lundin Mining'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 )
=(14210.772-3967.475)/11102.754
=0.92

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=14571.385 - 360.613
=14210.772

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5960.835 - 1708.074 - 285.286
=3967.475

Lundin Mining's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2023 )
=(Operating Assets (Q: Dec. 2023 )-Operating Liabilities (Q: Dec. 2023 ))/Total Assets (Q: Sep. 2023 )
=(14210.772-3967.475)/14473.019
=0.71

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=14571.385 - 360.613
=14210.772

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5960.835 - 1708.074 - 285.286
=3967.475

* 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.


Lundin Mining Scaled Net Operating Assets Related Terms

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Lundin Mining (TSX:LUN) Business Description

Traded in Other Exchanges
Address
150 King Street West, Suite 2200, P.O. Box 38, Toronto, ON, CAN, M5H 1J9
Lundin Mining Corp is a diversified Canadian base metals mining company with operations in Brazil, Chile, Portugal, Sweden, and the United States of America, producing copper, zinc, gold, and nickel. Its material mineral properties include Candelaria, Chapada, Eagle, and Neves-Corvo. Majority of the revenue is from Copper.

Lundin Mining (TSX:LUN) Headlines

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