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Li-FT Power (TSXV:LIFT) Scaled Net Operating Assets : 0.95 (As of Feb. 2024)


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What is Li-FT Power 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.

Li-FT Power's operating assets for the quarter that ended in Feb. 2024 was C$252.19 Mil. Li-FT Power's operating liabilities for the quarter that ended in Feb. 2024 was C$14.61 Mil. Li-FT Power's Total Assets for the quarter that ended in Aug. 2023 was C$249.04 Mil. Therefore, Li-FT Power's scaled net operating assets (SNOA) for the quarter that ended in Feb. 2024 was 0.95.


Li-FT Power Scaled Net Operating Assets Historical Data

The historical data trend for Li-FT Power'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.

Li-FT Power Scaled Net Operating Assets Chart

Li-FT Power Annual Data
Trend Nov21 Nov22
Scaled Net Operating Assets
0.50 2.73

Li-FT Power Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Feb24
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.79 12.53 0.92 0.89 0.95

Competitive Comparison of Li-FT Power's Scaled Net Operating Assets

For the Other Industrial Metals & Mining subindustry, Li-FT Power'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.


Li-FT Power's Scaled Net Operating Assets Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Li-FT Power's Scaled Net Operating Assets falls into.



Li-FT Power 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.

Li-FT Power's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Nov. 2022 is calculated as

Scaled Net Operating Assets (SNOA)(A: Nov. 2022 )
=(Operating Assets (A: Nov. 2022 )-Operating Liabilities (A: Nov. 2022 ))/Total Assets (A: Nov. 2021 )
=(10.046-3.525)/2.389
=2.73

where

Operating Assets(A: Nov. 2022 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=15.488 - 5.442
=10.046

Operating Liabilities(A: Nov. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4.075 - 0 - 0.55
=3.525

Li-FT Power's Scaled Net Operating Assets (SNOA) for the quarter that ended in Feb. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Feb. 2024 )
=(Operating Assets (Q: Feb. 2024 )-Operating Liabilities (Q: Feb. 2024 ))/Total Assets (Q: Aug. 2023 )
=(252.186-14.611)/249.036
=0.95

where

Operating Assets(Q: Feb. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=258.776 - 6.59
=252.186

Operating Liabilities(Q: Feb. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=14.789 - 0.114 - 0.064
=14.611

* 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.


Li-FT Power Scaled Net Operating Assets Related Terms

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Li-FT Power (TSXV:LIFT) Business Description

Traded in Other Exchanges
Address
1055 West Hastings Street, Suite 300, Vancouver, BC, CAN, V6E 2E9
Li-FT Power Ltd is a mineral exploration company involved in the identification, acquisition, and exploration of mineral properties. The company is exploring lithium. Its project portfolio includes Rupert Project, Pontax Project, Moyenne Project, and Lithium Yellowknife Project.

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