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Emerita Resources (TSXV:EMO) Scaled Net Operating Assets : 0.36 (As of Mar. 2024)


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What is Emerita Resources 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.

Emerita Resources's operating assets for the quarter that ended in Mar. 2024 was C$4.20 Mil. Emerita Resources's operating liabilities for the quarter that ended in Mar. 2024 was C$0.98 Mil. Emerita Resources's Total Assets for the quarter that ended in Dec. 2023 was C$8.94 Mil. Therefore, Emerita Resources's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.36.


Emerita Resources Scaled Net Operating Assets Historical Data

The historical data trend for Emerita Resources'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.

Emerita Resources Scaled Net Operating Assets Chart

Emerita Resources Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.46 -3.42 -0.51 0.02 0.08

Emerita Resources 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 0.17 0.13 0.11 0.25 0.36

Competitive Comparison of Emerita Resources's Scaled Net Operating Assets

For the Other Industrial Metals & Mining subindustry, Emerita Resources'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.


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

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

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



Emerita Resources 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.

Emerita Resources's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Sep. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Sep. 2023 )
=(Operating Assets (A: Sep. 2023 )-Operating Liabilities (A: Sep. 2023 ))/Total Assets (A: Sep. 2022 )
=(3.462-1.577)/22.62
=0.08

where

Operating Assets(A: Sep. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=13.265 - 9.803
=3.462

Operating Liabilities(A: Sep. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.577 - 0 - 0
=1.577

Emerita Resources'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 )
=(4.199-0.979)/8.938
=0.36

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6.569 - 2.37
=4.199

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.979 - 0 - 0
=0.979

* 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.


Emerita Resources Scaled Net Operating Assets Related Terms

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Emerita Resources (TSXV:EMO) Business Description

Traded in Other Exchanges
Address
36 Lombard Street, Floor 4, Toronto, ON, CAN, M5C 2X3
Emerita Resources Corp is a natural resource company engaged in the acquisition, exploration and development of mineral properties with a primary focus on exploring in Spain. The company has a 100% interest in the Iberian Belt West project which cover 1,546 hectares located in the Iberian Pyrite Belt in southern Spain as well as the Nuevo Tintillo project which covers 6,875 hectares in the eastern part of the Iberian Pyrite Belt between the deposits of Aznalcollar to the southeast and Rio Tinto to the northwest.
Executives
Joaquin Merino Marquez Senior Officer