GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » East West Petroleum Corp (TSXV:EW) » Definitions » Scaled Net Operating Assets

East West Petroleum (TSXV:EW) Scaled Net Operating Assets : -0.15 (As of Dec. 2023)


View and export this data going back to 1987. Start your Free Trial

What is East West Petroleum 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.

East West Petroleum's operating assets for the quarter that ended in Dec. 2023 was C$0.79 Mil. East West Petroleum's operating liabilities for the quarter that ended in Dec. 2023 was C$1.68 Mil. East West Petroleum's Total Assets for the quarter that ended in Sep. 2023 was C$6.11 Mil. Therefore, East West Petroleum's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was -0.15.


East West Petroleum Scaled Net Operating Assets Historical Data

The historical data trend for East West Petroleum'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.

East West Petroleum Scaled Net Operating Assets Chart

East West Petroleum Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.24 0.20 0.06 -0.13 -0.08

East West Petroleum Quarterly Data
Mar19 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 Premium Member Only -0.12 -0.08 -0.06 -0.07 -0.15

Competitive Comparison of East West Petroleum's Scaled Net Operating Assets

For the Oil & Gas E&P subindustry, East West Petroleum'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.


East West Petroleum's Scaled Net Operating Assets Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, East West Petroleum's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where East West Petroleum's Scaled Net Operating Assets falls into.



East West Petroleum 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.

East West Petroleum's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2023 )
=(Operating Assets (A: Mar. 2023 )-Operating Liabilities (A: Mar. 2023 ))/Total Assets (A: Mar. 2022 )
=(0.964-1.396)/5.73
=-0.08

where

Operating Assets(A: Mar. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5.969 - 5.005
=0.964

Operating Liabilities(A: Mar. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.396 - 0 - 0
=1.396

East West Petroleum'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 )
=(0.794-1.683)/6.106
=-0.15

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6.486 - 5.692
=0.794

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.683 - 0 - 0
=1.683

* 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.


East West Petroleum Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of East West Petroleum's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


East West Petroleum (TSXV:EW) Business Description

Industry
Traded in Other Exchanges
Address
1090 West Georgia Street, Suite 1305, Vancouver, BC, CAN, V6E 3V7
East West Petroleum Corp is an oil and gas exploration and production company. It is engaged in exploring, developing and producing from its oil and gas properties. Its producing oil and gas property in New Zealand is the Taranaki Basin which is located near the west coast of the North Island. The company derives its revenue from acquisition, exploration, and production of oil and gas properties.
Executives
Kevin Haney Director