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Orea Mining (TSX:OREA) Scaled Net Operating Assets : -1.03 (As of Jun. 2023)


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What is Orea 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.

Orea Mining's operating assets for the quarter that ended in Jun. 2023 was C$0.07 Mil. Orea Mining's operating liabilities for the quarter that ended in Jun. 2023 was C$1.16 Mil. Orea Mining's Total Assets for the quarter that ended in Mar. 2023 was C$1.06 Mil. Therefore, Orea Mining's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2023 was -1.03.


Orea Mining Scaled Net Operating Assets Historical Data

The historical data trend for Orea 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.

Orea Mining Scaled Net Operating Assets Chart

Orea Mining Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.67 0.87 1.08 0.85 -0.03

Orea Mining Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 -0.01 -1.25 -4.03 -2.76 -1.03

Competitive Comparison of Orea Mining's Scaled Net Operating Assets

For the Gold subindustry, Orea 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.


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

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

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



Orea 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.

Orea Mining's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Sep. 2022 is calculated as

Scaled Net Operating Assets (SNOA)(A: Sep. 2022 )
=(Operating Assets (A: Sep. 2022 )-Operating Liabilities (A: Sep. 2022 ))/Total Assets (A: Sep. 2021 )
=(0.14-1.158)/40.056
=-0.03

where

Operating Assets(A: Sep. 2022 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.274 - 0.134
=0.14

Operating Liabilities(A: Sep. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.165 - 0.007 - 0
=1.158

Orea Mining'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: Mar. 2023 )
=(0.068-1.156)/1.055
=-1.03

where

Operating Assets(Q: Jun. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.52 - 0.452
=0.068

Operating Liabilities(Q: Jun. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.156 - 0 - 0
=1.156

* 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.


Orea Mining Scaled Net Operating Assets Related Terms

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Orea Mining (TSX:OREA) Business Description

Traded in Other Exchanges
Address
1090 Hamilton Street, Vancouver, BC, CAN, V6B 2R9
Orea Mining Corp is a gold exploration and development company. The company's principal business activities are the exploration and development of resource properties which are located in French Guiana, France. It operates two projects namely the Maripa project and Montagne d'Or Gold deposit.
Executives
Robert Giustra Director, Senior Officer

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