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Horizonte Minerals (LSE:HZM) Scaled Net Operating Assets : 0.95 (As of Jun. 2023)


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What is Horizonte Minerals 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.

Horizonte Minerals's operating assets for the quarter that ended in Jun. 2023 was £438.07 Mil. Horizonte Minerals's operating liabilities for the quarter that ended in Jun. 2023 was £33.49 Mil. Horizonte Minerals's Total Assets for the quarter that ended in Dec. 2022 was £427.12 Mil. Therefore, Horizonte Minerals's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2023 was 0.95.


Horizonte Minerals Scaled Net Operating Assets Historical Data

The historical data trend for Horizonte Minerals'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.

Horizonte Minerals Scaled Net Operating Assets Chart

Horizonte Minerals Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.69 0.82 0.56 0.94 1.15

Horizonte Minerals Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23
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 0.44 0.42 0.61 0.75 0.95

Competitive Comparison of Horizonte Minerals's Scaled Net Operating Assets

For the Other Industrial Metals & Mining subindustry, Horizonte Minerals'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.


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

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

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



Horizonte Minerals 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.

Horizonte Minerals's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2022 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2022 )
=(Operating Assets (A: Dec. 2022 )-Operating Liabilities (A: Dec. 2022 ))/Total Assets (A: Dec. 2021 )
=(300.661-34.887)/232.009
=1.15

where

Operating Assets(A: Dec. 2022 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=427.118 - 126.457
=300.661

Operating Liabilities(A: Dec. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=181.286 - 146.176 - 0.223
=34.887

Horizonte Minerals's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2023 )
=(Operating Assets (Q: Jun. 2023 )-Operating Liabilities (Q: Jun. 2023 ))/Total Assets (Q: Dec. 2022 )
=(438.067-33.492)/427.118
=0.95

where

Operating Assets(Q: Jun. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=547.903 - 109.836
=438.067

Operating Liabilities(Q: Jun. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=282.229 - 248.404 - 0.333
=33.492

* 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.


Horizonte Minerals Scaled Net Operating Assets Related Terms

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Horizonte Minerals (LSE:HZM) Business Description

Traded in Other Exchanges
Address
4-12 Regents Street, Rex House, London, GBR, SW1Y 4RG
Horizonte Minerals PLC is a United Kingdoms based identification, acquisition, exploration, and development of mineral projects. It engaged in nickel development and mainly focuses on Brazil. It owns and operates the Araguaia Nickel Laterite project located south of the Carajas mining district, northeast Brazil, and the Vermelho Nickel-Cobalt project located in the Carajas region, north-eastern Brazil. The nickel produced by the company is used in stainless steel and electric vehicles. It is principally developing Araguaia as the next nickel mine in Brazil.

Horizonte Minerals (LSE:HZM) Headlines

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