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Wesdome Gold Mines (TSX:WDO) Scaled Net Operating Assets : 0.69 (As of Mar. 2024)


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What is Wesdome Gold Mines 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.

Wesdome Gold Mines's operating assets for the quarter that ended in Mar. 2024 was C$587.9 Mil. Wesdome Gold Mines's operating liabilities for the quarter that ended in Mar. 2024 was C$163.0 Mil. Wesdome Gold Mines's Total Assets for the quarter that ended in Dec. 2023 was C$619.0 Mil. Therefore, Wesdome Gold Mines's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.69.


Wesdome Gold Mines Scaled Net Operating Assets Historical Data

The historical data trend for Wesdome Gold Mines'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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Wesdome Gold Mines Scaled Net Operating Assets Chart

Wesdome Gold Mines 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 0.88 0.72 1.01 0.78 0.69

Wesdome Gold Mines Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.73 0.73 0.73 0.71 0.69

Competitive Comparison of Wesdome Gold Mines's Scaled Net Operating Assets

For the Gold subindustry, Wesdome Gold Mines'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.


Wesdome Gold Mines's Scaled Net Operating Assets Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Wesdome Gold Mines's Scaled Net Operating Assets falls into.



Wesdome Gold Mines 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.

Wesdome Gold Mines'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 )
=(577.585-149.194)/619.127
=0.69

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=618.956 - 41.371
=577.585

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=191.656 - 0.829 - 41.633
=149.194

Wesdome Gold Mines's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2024 )
=(Operating Assets (Q: Mar. 2024 )-Operating Liabilities (Q: Mar. 2024 ))/Total Assets (Q: Dec. 2023 )
=(587.938-162.97)/618.956
=0.69

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=636.19 - 48.252
=587.938

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=194.546 - 0.512 - 31.064
=162.97

* 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.


Wesdome Gold Mines Scaled Net Operating Assets Related Terms

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Wesdome Gold Mines (TSX:WDO) Business Description

Traded in Other Exchanges
Address
220 Bay Street, Suite 1200, Toronto, ON, CAN, M5J 2W4
Wesdome Gold Mines Ltd is a gold producer engaged in mining-related activities including exploration, processing, and reclamation. The company produces gold at the Eagle River Complex located near Wawa, Ontario from the Eagle River Underground, Kiena Complex and Mishi Open Pit gold mines. Activities of the group primarily function through Canada and it derives revenue from the sale of gold and silver bullion.
Executives
Brian Neville Skanderbeg Director

Wesdome Gold Mines (TSX:WDO) Headlines

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