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Elemental Altus Royalties (TSXV:ELE) Scaled Net Operating Assets : 0.91 (As of Dec. 2023)


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What is Elemental Altus Royalties 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.

Elemental Altus Royalties's operating assets for the quarter that ended in Dec. 2023 was C$238.32 Mil. Elemental Altus Royalties's operating liabilities for the quarter that ended in Dec. 2023 was C$5.00 Mil. Elemental Altus Royalties's Total Assets for the quarter that ended in Sep. 2023 was C$257.55 Mil. Therefore, Elemental Altus Royalties's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.91.


Elemental Altus Royalties Scaled Net Operating Assets Historical Data

The historical data trend for Elemental Altus Royalties'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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Elemental Altus Royalties Scaled Net Operating Assets Chart

Elemental Altus Royalties Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
0.83 2.33 2.45 2.21 0.92

Elemental Altus Royalties Quarterly Data
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 0.86 0.89 0.86 0.97 0.91

Competitive Comparison of Elemental Altus Royalties's Scaled Net Operating Assets

For the Gold subindustry, Elemental Altus Royalties'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.


Elemental Altus Royalties's Scaled Net Operating Assets Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Elemental Altus Royalties's Scaled Net Operating Assets falls into.



Elemental Altus Royalties 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.

Elemental Altus Royalties'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 )
=(238.315-4.995)/252.583
=0.92

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=253.458 - 15.143
=238.315

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=45.243 - 40.248 - 0
=4.995

Elemental Altus Royalties'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 )
=(238.315-4.995)/257.546
=0.91

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=253.458 - 15.143
=238.315

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=45.243 - 40.248 - 0
=4.995

* 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.


Elemental Altus Royalties Scaled Net Operating Assets Related Terms

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Elemental Altus Royalties (TSXV:ELE) Business Description

Traded in Other Exchanges
Address
800 West Pender Street, Suite 1020, Vancouver, BC, CAN, V6C 2V6
Elemental Altus Royalties Corp is a mining royalty company. Its asset portfolio includes Wahgnion, Kwale, MT Pleasant, Panton Sill, and Amancaya among others.
Executives
David Christopher Baker Senior Officer
Frederick Augustus Ronald Peter Mcmillan Bell Director, Senior Officer

Elemental Altus Royalties (TSXV:ELE) Headlines

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