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Tourmaline Oil (FRA:08T) Scaled Net Operating Assets : 0.77 (As of Jun. 2024)


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What is Tourmaline Oil 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.

Tourmaline Oil's operating assets for the quarter that ended in Jun. 2024 was €13,479 Mil. Tourmaline Oil's operating liabilities for the quarter that ended in Jun. 2024 was €2,987 Mil. Tourmaline Oil's Total Assets for the quarter that ended in Mar. 2024 was €13,610 Mil. Therefore, Tourmaline Oil's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2024 was 0.77.


Tourmaline Oil Scaled Net Operating Assets Historical Data

The historical data trend for Tourmaline Oil'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.

Tourmaline Oil Scaled Net Operating Assets Chart

Tourmaline Oil Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.93 0.93 1.05 0.94 0.79

Tourmaline Oil Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.77 0.76 0.84 0.76 0.77

Competitive Comparison of Tourmaline Oil's Scaled Net Operating Assets

For the Oil & Gas E&P subindustry, Tourmaline Oil'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.


Tourmaline Oil's Scaled Net Operating Assets Distribution in the Oil & Gas Industry

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

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



Tourmaline Oil 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.

Tourmaline Oil'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 )
=(13736.801-3386.858)/13128.473
=0.79

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=13736.801 - 0
=13736.801

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4156.864 - 766.044 - 3.962
=3386.858

Tourmaline Oil's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2024 )
=(Operating Assets (Q: Jun. 2024 )-Operating Liabilities (Q: Jun. 2024 ))/Total Assets (Q: Mar. 2024 )
=(13478.954-2986.554)/13609.854
=0.77

where

Operating Assets(Q: Jun. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=13478.954 - 0
=13478.954

Operating Liabilities(Q: Jun. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3961.628 - 970.765 - 4.309
=2986.554

* 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.


Tourmaline Oil Scaled Net Operating Assets Related Terms

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Tourmaline Oil Business Description

Industry
Traded in Other Exchanges
Address
250 - 6th Avenue South West, Suite 2900, Calgary, AB, CAN, T2P 3H7
Tourmaline Oil Corp is a Canadian energy company engaged in natural gas and crude oil acquisition, exploration, development, and production in the Western Canada Sedimentary Basin. It includes the Alberta Deep Basin, the Northeast British Columbia Montney, and the Peace River Triassic Oil complex.

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