S2 Minerals (XCNQ:STWO) Scaled Net Operating Assets : 0.10 (As of Feb. 2024)

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What is S2 Minerals 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.

S2 Minerals's operating assets for the quarter that ended in Feb. 2024 was C$0.20 Mil. S2 Minerals's operating liabilities for the quarter that ended in Feb. 2024 was C$0.09 Mil. S2 Minerals's Total Assets for the quarter that ended in Nov. 2023 was C$1.04 Mil. Therefore, S2 Minerals's scaled net operating assets (SNOA) for the quarter that ended in Feb. 2024 was 0.10.

S2 Minerals Scaled Net Operating Assets Historical Data

The historical data trend for S2 Minerals'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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S2 Minerals Scaled Net Operating Assets Chart

S2 Minerals Annual Data

Trend

May21

May22

May23

Scaled Net Operating Assets

-0.21

-0.18

0.02

S2 Minerals Quarterly Data
	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Scaled Net Operating Assets	Get a 7-Day Free Trial								-0.05	0.03	0.04	0.05	0.11

Competitive Comparison of S2 Minerals's Scaled Net Operating Assets

For the Gold subindustry, S2 Minerals'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.

S2 Minerals's Scaled Net Operating Assets Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, S2 Minerals's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where S2 Minerals's Scaled Net Operating Assets falls into.

S2 Minerals 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.

S2 Minerals's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in May. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: May. 2023 )
=	(Operating Assets (A: May. 2023 )	-	Operating Liabilities (A: May. 2023 ))	/	Total Assets (A: May. 2022 )
=	(0.22	-	0.182)	/	1.838
=	0.02

where

	Operating Assets		(A: May. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	1.23	-	1.01
=	0.22

	Operating Liabilities		(A: May. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	0.182	-	0	-	0
=	0.182

S2 Minerals'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: Nov. 2023 )
=	(0.2	-	0.091)	/	1.039
=	0.10

where

	Operating Assets		(Q: Feb. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	0.73	-	0.53
=	0.2

	Operating Liabilities		(Q: Feb. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	0.091	-	0	-	0
=	0.091

S2 Minerals Scaled Net Operating Assets Related Terms

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