CKX Lands (CKX Lands) Scaled Net Operating Assets

: 0.51 (As of Dec. 2023)

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Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

CKX Lands's operating assets for the quarter that ended in Dec. 2023 was $9.74 Mil. CKX Lands's operating liabilities for the quarter that ended in Dec. 2023 was $0.50 Mil. CKX Lands's Total Assets for the quarter that ended in Sep. 2023 was $18.18 Mil. Therefore, CKX Lands's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.51.

CKX Lands Scaled Net Operating Assets Historical Data

The historical data trend for CKX Lands'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.

CKX Lands Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Scaled Net Operating Assets

0.58

0.56

0.53

0.54

0.52

CKX Lands 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																0.54	0.54	0.53	0.53	0.51

Competitive Comparison

For the Oil & Gas E&P subindustry, CKX Lands'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.

CKX Lands Scaled Net Operating Assets Distribution

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

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

CKX Lands 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.

CKX Lands's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2023 )
=	(Operating Assets (A: Dec. 2023 )	-	Operating Liabilities (A: Dec. 2023 ))	/	Total Assets (A: Dec. 2022 )
=	(9.741	-	0.495)	/	17.688
=	0.52

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	18.813	-	9.072
=	9.741

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	0.495	-	0	-	0
=	0.495

CKX Lands'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 )
=	(9.741	-	0.495)	/	18.176
=	0.51

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	18.813	-	9.072
=	9.741

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	0.495	-	0	-	0
=	0.495

CKX Lands Scaled Net Operating Assets Related Terms

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CKX Lands (CKX Lands) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » CKX Lands Inc (AMEX:CKX) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

2417 Shell Beach Drive, Lake Charles, LA, USA, 70601

Website

https://www.ckxlands.com

CKX Lands Inc is a Louisiana corporation organized to receive non-producing mineral royalties spun off by a southwest Louisiana bank. It operates in three segments: Oil and Gas, Surface, and Timber. The company owns land and mineral interests and collects income through its ownership in the form of oil and gas royalties, surface leases for farming, the right of way and other uses, and timber sales. The company's oil and gas royalties are paid by the operators who own the wells and timber income is paid by the highest bidder for the timber.

Executives

Max H. Hart	director	P.O. BOX 1700, OPELOUSAS LA 70571
William Gray Stream	director	2417 SHELL BEACH DRIVE, LAKE CHARLES LA 70601
Daniel J Englander	director	C/O AMERICA'S CARMART, 802 SOUTHEAST PLAZA AVE #200, BENTONVILLE AR 72712
Scott Adams Stepp	officer: Chief Financial Officer	2417 SHELL BEACH DRIVE, LAKE CHARLES LA 70601
Lane T Lamure	director	POST OFFICE BOX 11941, JACKSON WY 83002
Ellington Edward Moreland Ii	director	1232 CYPRESS HARBOR DRIVE, LAKE CHARLES LA 70605
Lee W. Boyer	director	127 W. BROAD ST., 4TH FLOOR, LAKE CHARLES LA 70601
Donald Keith Duplechin	director	131 STATE STREET, LAKE CHARLES LA 70605
Ottley Properties, Llc	10 percent owner	337 METAIRIE ROAD, SUITE 202, METAIRIE LA 70005
Minvielle Iv Eugene T	director	P.O. BOX 51684, LAFAYETTE LA 70505
Lee Bert Appleberry	director	315 NORTH WILCREST DRIVE, HOUSTON TX 77079
Charles D Viccellio	director, officer: Vice President & Secretary	4113 BEAU CHENE DRIVE, LAKE CHARLES LA 70605
Elizabeth Brooks Hollins	director	1128 BIRDNEST ROAD, LAKE CHARLES X1 70611
Michael B White	10 percent owner	337 METAIRIE ROAD, SUITE 202, METAIRIE LA 70005
Mary W Savoy	director	1407 ALVIN STREET, LAKE CHARLES LA 70601

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