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Highrock Resources (XCNQ:HRK) Scaled Net Operating Assets : 0.41 (As of Jan. 2024)


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What is Highrock 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.

Highrock Resources's operating assets for the quarter that ended in Jan. 2024 was C$0.21 Mil. Highrock Resources's operating liabilities for the quarter that ended in Jan. 2024 was C$0.12 Mil. Highrock Resources's Total Assets for the quarter that ended in Oct. 2023 was C$0.23 Mil. Therefore, Highrock Resources's scaled net operating assets (SNOA) for the quarter that ended in Jan. 2024 was 0.41.


Highrock Resources Scaled Net Operating Assets Historical Data

The historical data trend for Highrock 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.

Highrock Resources Scaled Net Operating Assets Chart

Highrock Resources Annual Data
Trend Jan22 Jan23 Jan24
Scaled Net Operating Assets
0.33 0.27 0.51

Highrock Resources Quarterly Data
Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.34 0.44 0.46 0.72 0.41

Competitive Comparison of Highrock Resources's Scaled Net Operating Assets

For the Gold subindustry, Highrock 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.


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

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

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



Highrock 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.

Highrock Resources's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jan. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jan. 2024 )
=(Operating Assets (A: Jan. 2024 )-Operating Liabilities (A: Jan. 2024 ))/Total Assets (A: Jan. 2023 )
=(0.211-0.119)/0.179
=0.51

where

Operating Assets(A: Jan. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.301 - 0.09
=0.211

Operating Liabilities(A: Jan. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.119 - 0 - 0
=0.119

Highrock Resources's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jan. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jan. 2024 )
=(Operating Assets (Q: Jan. 2024 )-Operating Liabilities (Q: Jan. 2024 ))/Total Assets (Q: Oct. 2023 )
=(0.211-0.119)/0.225
=0.41

where

Operating Assets(Q: Jan. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.301 - 0.09
=0.211

Operating Liabilities(Q: Jan. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.119 - 0 - 0
=0.119

* 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.


Highrock Resources Scaled Net Operating Assets Related Terms

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Highrock Resources (XCNQ:HRK) Business Description

Traded in Other Exchanges
N/A
Address
800 West Pender Street, Suite 615, Vancouver, BC, CAN, V6C 2V6
Website
Highrock Resources Ltd engages in the exploration and development of mineral properties in British Columbia with a primary focus on gold exploration in British Columbia. It holds an interest in Pathfinder Property.
Executives
Anthony Ralph Roodenburg Director, Senior Officer

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