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Sixty North Gold Mining (FRA:2F40) Scaled Net Operating Assets : 0.93 (As of Jan. 2024)


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What is Sixty North Gold 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.

Sixty North Gold Mining's operating assets for the quarter that ended in Jan. 2024 was €5.58 Mil. Sixty North Gold Mining's operating liabilities for the quarter that ended in Jan. 2024 was €0.30 Mil. Sixty North Gold Mining's Total Assets for the quarter that ended in Oct. 2023 was €5.68 Mil. Therefore, Sixty North Gold Mining's scaled net operating assets (SNOA) for the quarter that ended in Jan. 2024 was 0.93.


Sixty North Gold Mining Scaled Net Operating Assets Historical Data

The historical data trend for Sixty North Gold 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.

Sixty North Gold Mining Scaled Net Operating Assets Chart

Sixty North Gold Mining Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Scaled Net Operating Assets
Get a 7-Day Free Trial 1.09 1.15 1.43 1.36 0.83

Sixty North Gold Mining 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 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 0.87 0.89 0.99 0.90 0.93

Competitive Comparison of Sixty North Gold Mining's Scaled Net Operating Assets

For the Gold subindustry, Sixty North Gold 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.


Sixty North Gold Mining's Scaled Net Operating Assets Distribution in the Metals & Mining Industry

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

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



Sixty North Gold 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.

Sixty North Gold Mining's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Oct. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Oct. 2023 )
=(Operating Assets (A: Oct. 2023 )-Operating Liabilities (A: Oct. 2023 ))/Total Assets (A: Oct. 2022 )
=(5.654-0.271)/6.463
=0.83

where

Operating Assets(A: Oct. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5.68 - 0.026
=5.654

Operating Liabilities(A: Oct. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.271 - 0 - 0
=0.271

Sixty North Gold Mining'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 )
=(5.584-0.304)/5.68
=0.93

where

Operating Assets(Q: Jan. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5.6 - 0.016
=5.584

Operating Liabilities(Q: Jan. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.304 - 0 - 0
=0.304

* 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.


Sixty North Gold Mining Scaled Net Operating Assets Related Terms

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Sixty North Gold Mining (FRA:2F40) Business Description

Traded in Other Exchanges
Address
1909 - 108 West Cordova Street, Vancouver, BC, CAN, V6B 0G5
Sixty North Gold Mining Ltd is engaged in the acquisition and exploration of mineral property assets. The company entered into a mineral property earn-in agreement with New Discovery Mines. The projects of the company include Mon Gold Property and Hangstone Property.

Sixty North Gold Mining (FRA:2F40) Headlines

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