GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Williams Partners LP (NYSE:WPZ) » Definitions » Scaled Net Operating Assets

Williams Partners LP (Williams Partners LP) Scaled Net Operating Assets : 0.85 (As of Jun. 2018)


View and export this data going back to 2005. Start your Free Trial

What is Williams Partners LP 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.

Williams Partners LP's operating assets for the quarter that ended in Jun. 2018 was $45,683 Mil. Williams Partners LP's operating liabilities for the quarter that ended in Jun. 2018 was $6,019 Mil. Williams Partners LP's Total Assets for the quarter that ended in Mar. 2018 was $46,575 Mil. Therefore, Williams Partners LP's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2018 was 0.85.


Williams Partners LP Scaled Net Operating Assets Historical Data

The historical data trend for Williams Partners LP'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.

Williams Partners LP Scaled Net Operating Assets Chart

Williams Partners LP Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.16 5.76 0.90 0.87 0.85

Williams Partners LP Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18
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 0.89 0.83 0.86 0.86 0.85

Competitive Comparison of Williams Partners LP's Scaled Net Operating Assets

For the Oil & Gas Midstream subindustry, Williams Partners LP'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.


Williams Partners LP's Scaled Net Operating Assets Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Williams Partners LP's Scaled Net Operating Assets falls into.



Williams Partners LP 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.

Williams Partners LP's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2017 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2017 )
=(Operating Assets (A: Dec. 2017 )-Operating Liabilities (A: Dec. 2017 ))/Total Assets (A: Dec. 2016 )
=(45022-5717)/46265
=0.85

where

Operating Assets(A: Dec. 2017 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=45903 - 881
=45022

Operating Liabilities(A: Dec. 2017 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=22214 - 15996 - 501
=5717

Williams Partners LP's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2018 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2018 )
=(Operating Assets (Q: Jun. 2018 )-Operating Liabilities (Q: Jun. 2018 ))/Total Assets (Q: Mar. 2018 )
=(45683-6019)/46575
=0.85

where

Operating Assets(Q: Jun. 2018 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=45938 - 255
=45683

Operating Liabilities(Q: Jun. 2018 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=23039 - 17018 - 2
=6019

* 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.


Williams Partners LP Scaled Net Operating Assets Related Terms

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


Williams Partners LP (Williams Partners LP) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Williams Partners is a large pipeline company that owns and operates the large Transco and Northwest pipeline systems and associated natural gas gathering and processing and storage assets. It also owns a 60% stake in Discovery, which owns offshore natural gas assets in the Gulf of Mexico. Williams Companies, a publicly traded C-Corporation, owns a 74% interest in Williams Partners. The partnership owns the underlying assets while the corporation holds the stake in the limited partnership.

Williams Partners LP (Williams Partners LP) Headlines