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Gran Tierra Energy (TSX:GTE) Scaled Net Operating Assets : 0.66 (As of Mar. 2024)


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What is Gran Tierra Energy 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.

Gran Tierra Energy's operating assets for the quarter that ended in Mar. 2024 was C$1,726.9 Mil. Gran Tierra Energy's operating liabilities for the quarter that ended in Mar. 2024 was C$545.0 Mil. Gran Tierra Energy's Total Assets for the quarter that ended in Dec. 2023 was C$1,779.3 Mil. Therefore, Gran Tierra Energy's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.66.


Gran Tierra Energy Scaled Net Operating Assets Historical Data

The historical data trend for Gran Tierra Energy'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.

Gran Tierra Energy Scaled Net Operating Assets Chart

Gran Tierra Energy 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 0.95 0.46 0.83 0.79 0.66

Gran Tierra Energy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.66 0.66 0.71 0.64 0.66

Competitive Comparison of Gran Tierra Energy's Scaled Net Operating Assets

For the Oil & Gas E&P subindustry, Gran Tierra Energy'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.


Gran Tierra Energy's Scaled Net Operating Assets Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Gran Tierra Energy's Scaled Net Operating Assets falls into.



Gran Tierra Energy 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.

Gran Tierra Energy'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 )
=(1695.974-502.77)/1814.426
=0.66

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1779.349 - 83.375
=1695.974

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1247.547 - 697.004 - 47.773
=502.77

Gran Tierra Energy's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2024 )
=(Operating Assets (Q: Mar. 2024 )-Operating Liabilities (Q: Mar. 2024 ))/Total Assets (Q: Dec. 2023 )
=(1726.912-544.99)/1779.349
=0.66

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1898.302 - 171.39
=1726.912

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1367.676 - 789.283 - 33.403
=544.99

* 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.


Gran Tierra Energy Scaled Net Operating Assets Related Terms

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Gran Tierra Energy (TSX:GTE) Business Description

Industry
Traded in Other Exchanges
Address
500 Centre Street South East, Calgary, AB, CAN, T2G 1A6
Gran Tierra Energy Inc is an independent energy company. It is engaged in the acquisition, exploration, development, and production of oil and gas properties. The firm produces light crude oil, supplemented with medium crude and natural gas. Gran Tierra holds interests in producing and prospective properties in Colombia and prospective properties in Ecuador. The company derives its revenue from Colombia.
Executives
Ronald William Royal Director